| Author |
Message |
ziggycityz
Posts: 1
Phone Model:
none yet
Service Provider:
none yet |
 
Wed Jun 02, 2004 6:29 pm |
does sprint require a customer to make a deposit when they sign up for service? I've never had a cell phone before and i just turned 18 which means i have NO credit history...i tried to get a verizon phone but they said i had to give them 400$ and i said no....does sprint do the same thing? 
|
 |
Advertisement
|
|
|
|
|
GSMDude
Posts: 230 |
Wed Jun 09, 2004 6:04 pm |
|
A credit check is done. And from your lack of credit, a desposit will be required. Sprint has 3 levels of deposits. $125, $250, $500. $125 and $250 are more common.
|
|
DiscoStu
Posts: 18 |
Wed Jun 09, 2004 6:14 pm |
| GSMDude wrote: | | A credit check is done. And from your lack of credit, a desposit will be required. Sprint has 3 levels of deposits. $125, $250, $500. $125 and $250 are more common. |
Yeah, $250 is the most common. I think credit is just for companies to screw with people. Credit should only be applied when you borrow something. There should be something that if you don't pay them, they take it out of your paycheck, or if you're really a poor, not give you social or money from the state. This is America. Make as much money now, don't worry about the future, and let it come back and bite you in the ass. Enough money down gives everyone credit.
|
|
Bushy Turtle
Posts: 82 |
Wed Jun 09, 2004 6:19 pm |
While I agree that the credit system is somewhat unfair when applying to cell phones, it's one of the only ways companies can determine the likeliness of a customer to pay.
Besides that the only other way is to send customer service reps to your house, see if you pay your bills, find out who you work for, etc. Other than that, a credit score seems the only way.
For everyone who complains about the $250 deposits, get a band account, a job, and start paying your bills on time. It'll get better. Nothing is free in life, especially credit.
|
|
stargrl357
Posts: 109 |
Wed Jun 09, 2004 6:22 pm |
| Bushy Turtle wrote: | While I agree that the credit system is somewhat unfair when applying to cell phones, it's one of the only ways companies can determine the likeliness of a customer to pay.
Besides that the only other way is to send customer service reps to your house, see if you pay your bills, find out who you work for, etc. Other than that, a credit score seems the only way.
For everyone who complains about the $250 deposits, get a band account, a job, and start paying your bills on time. It'll get better. Nothing is free in life, especially credit. |
Too bad they don't teach credit management in high school. But if I could fix mine, anyone can fix theirs. I got into so much debt out of high school it wasn't even funny. 8 years later I finally paid off my last bill. Now I could (not that I would) get almost anything I wanted on credit. Once you've been through it, it's pretty easy to manage.
|
|
cpj
Posts: 2 |
Fri Jun 18, 2004 10:37 pm |
|
consider prepaid www.myprepaidsolution.com
|
|
Classy1
Posts: 2 |
Mon Aug 02, 2004 11:19 am |
|
Stargrl, how did you start to repair your credit and if you don't mind me asking how much were you in debt?
|
|
2stepps
Posts: 17
Phone Model:
nada
Service Provider:
nada |
Wed Aug 18, 2004 5:38 am |
|
For the levels that you get through Sprint $125, $250 and the others they have an eighty percent spending cap works out to $100 on the $125 and $200 on the $250 plan. Once you reach the limit they will suspend your account pay up and it will be turned back on. If you get the nights start at 7 PM for $5 a month you have 12 hours of talk time. Get a 300 minute plan and you should be ok. You can pratically get a free phone from Sprint and they have just lowered the vision prices to $10.00 a month.
|
|
smokers
Posts: 3
Phone Model:
Samsung SGH V200
Service Provider:
Globe, Smart, Sun |
Fri Dec 03, 2004 3:54 am |
I know the deposit seems to be unreasonable at first and also the activation fee. But the thing is, deposits are returned to you after 12mos (unless there's an error that the deposit came out as a payment).
Deposits are there to ensure that in the case that you are unable to pay for your bill, you may opt to have the deposit be refunded back (but this is a worse case senario and a lot of steps are needed to be done before doing so)
|
|
rrichardson
Posts: 4
Phone Model:
Samsung N400
Service Provider:
Sprint PCS |
Fri Dec 17, 2004 4:38 pm |
The quickest way to build your credit with a cellular company is to pay the deposit and pay your bills on time - all the time. The quickest way to build your credit otherwise is to get a credit card with a very small limit (they offer them to college students), buy one tank of gas, and pay it off on time. This builds credit points, since points are not based on available credit as much as it is practiced credit. I.e. You can have 10 opened credit cards with $10,000 credit limit on each. But if you have never used them, someone may be impressed, but it will not help your credit score. Now, if each of these cards have been maxed out and paid off and they all have 0 balances, it will increase your score. So, if you have a credit card with a $100 limit, use it to pay some bill that you normally would pay by check or cash. Then, as soon as you get to your checkbook, right out a check to cover it. Do this periodically so that the credit card companies keep everything updated and nice and pretty. Whatever you do, do not have any slow or late payments. Remember, bankruptsy is not the answer. Not getting into trouble in the first place is. 
|
| | |
|
|
|
|
