During the online sign-up process, we carry out a standard credit check. Before the application is approved, it’s not a hard credit search and it does not affect your credit score.

If the information we receive shows a limited credit history or missed payments, we sometimes offer customers the option to lease tech at a higher price. We think it’s better to give that option rather than just declining the application.

Making payments on time to Raylo should help boost your credit score, and this in turn would mean a better price when it comes to upgrading.

If you need further information please contact us via live chat by clicking the chat icon at the bottom of the screen. Otherwise we suggest you review your free credit report from Credit Karma (www.creditkarma.co.uk) or ClearScore (www.clearscore.com).