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Deposits Because of Credit Rating


2 replies [Last post]
R1986
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Newbie
Joined: 02/08/2008

This topic is not so much of a scamA confidence game or other fraudulent scheme, especially for making a quick profit; as an annoyance but I wanted to hear other people's thoughts on it.

I'm in my last year of university and only got a creditMoney loaned or the ability of an individual or company to borrow money. card a short while ago, being very responsible with it. When I went to sign up for a cell phone I had to leave a $200 deposit apparently because my credit rating was nonexistent. Has this sort of thing happened to anyone else?

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Bradley
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Joined: 05/09/2009

Yeah, no kidding. We just refinance our house, which has brought our score down a bit. We went in to get a family plan and cell phones for us and the kids. Att/Cingular wanted a deposit for each phone. Oh, they said they would give it back after a year, but I wasn't going to take the chance.

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Yep. Happened to me but I had to leave a $500 deposit! For a freaking cell phone! Stay away from Cingular if you don't have creditMoney loaned or the ability of an individual or company to borrow money..

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