Would repeatedly opening and closing cell phone lines mess with my credit?

[imthebadguy]

Say i sign a 2-yr agreement with a provider and then cancel in 15 days and pay the cancellation fee fully, and i keep doing this, would this mess with my credit score at all?

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quote:
Originally posted by: cpals
The question remains... why would you want to do this? Once or twice, okay, but more than that?


the free phone that i am able to get can sell for $300+ on eBay while the cancellation fee is only $150.....profits FTW

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[cpals]

The question remains... why would you want to do this? Once or twice, okay, but more than that?

 

[Cuda1447]

You brewing some sort of elaborate scam and you're worried it will affect your credit? (If so PM me the scam 😛 )

 

[DainBramaged]

Originally posted by: Cuda1447
You brewing some sort of elaborate scam and you're worried it will affect your credit? (If so PM me the scam 😛 )

Me too.

 

[imthebadguy]

Originally posted by: cpals
The question remains... why would you want to do this? Once or twice, okay, but more than that?

the free phone that i am able to get can sell for $300+ on eBay while the cancellation fee is only $150.....profits FTW

 

[Bootprint]

No, but after the 3rd time you might get a visit from the HomeLand Security.

 

[cpals]

Originally posted by: imthebadguy

Originally posted by: cpals
The question remains... why would you want to do this? Once or twice, okay, but more than that?

the free phone that i am able to get can sell for $300+ on eBay while the cancellation fee is only $150.....profits FTW

I think you should probably read the fine print on the rebates and such.

 

[RCN]

Yes the credit inquiries at each new provider will effect your score if they check.

Just signing up and cancelling? No. Provided the fee is paid.

 

[imthebadguy]

Originally posted by: cpals

Originally posted by: imthebadguy

Originally posted by: cpals
The question remains... why would you want to do this? Once or twice, okay, but more than that?

the free phone that i am able to get can sell for $300+ on eBay while the cancellation fee is only $150.....profits FTW

I think you should probably read the fine print on the rebates and such.

no rebates, ive 2x checked everything, i just wanna make sure it cant screw with my credit

 

[brtspears2]

Cancellation fee $150, plus whatever activation fees and taxes you paid to open the line. Then you sell on ebay and deal with fees there.

Sounds like a pain in the ass to make like what, $90 after the ebay transaction?

 

[AFSCrazy]

You can do it, but eventually (probably 3 times) they will deny letting you sign a contract with them. Won't affect your credit though.