$500 Deposit...ugh!

Discussion in 'iPhone' started by troop231, Jun 15, 2010.

  1. troop231 macrumors 603

    Joined:
    Jan 20, 2010
    #1
    Went to pre-order on Apple's site and ATT changed my deposit from $250 to $500 now in just a years time! Looks like I wont be able to finish pre-ordering online or get one in general now. Very frustrated.
     
  2. Goldfrapp macrumors 601

    Goldfrapp

    Joined:
    Jul 31, 2005
    #2
    What were you trying to do? Add a new line or are you new to AT&T totally?
     
  3. troop231 thread starter macrumors 603

    Joined:
    Jan 20, 2010
    #3
    I'm new and this really sucks. Was hoping for it to be $250 like last year.
     
  4. Ramphex macrumors 6502

    Ramphex

    Joined:
    Jun 9, 2009
    Location:
    USA/PA
  5. troop231 thread starter macrumors 603

    Joined:
    Jan 20, 2010
    #5
    How when I can't get a credit card?
     
  6. engelke2010 macrumors 6502a

    Joined:
    Mar 28, 2010
    #6
    I had a very large deposit also. What convinced me to go ahead and pay it is that I would get it back in a year. Also, of course, I REALLY wanted the iPhone. This was a few months ago, so I "only" have 9 more more months to go before it is refunded. I might just save it to pay for i5, knowing that I won't get the full discount like I did now.
     
  7. Squid7085 macrumors 6502a

    Joined:
    Aug 14, 2002
    Location:
    Charlotte, NC
    #7
    Bad credit or No credit, which one? You can get a credit builder card if you have no credit. Plus things like an AT&T bill will help. That's what I did, and im 21 one now with perfect credit.
     
  8. ajsnow6234 macrumors 6502

    Joined:
    Apr 9, 2010
    #8
    Pay all of your bills on time, stay in one residence for an extended amount of time, keep a stable job. You'll probably have to deal with a very high interest credit card or loans if you get any at all...but main thing is to pay all bills on time and if you do have a line of credit, keep it under 50% utilized.
     
  9. mra1989 macrumors member

    Joined:
    Jun 13, 2010
    Location:
    Virginia Beach
    #9
    Wow that's extremely steep for a deposit. After I decides to hop my parents plan I was only charged a $150 for a deposit and then when I added a line I payed another $150 deposit. Mind you I had no credit then, so I'm not sure what the deal is with all that. Sorry to hear about your misfortune I can certainly feel your pain concerning the whole not being able to get a credit card. I can't seem to find one for a 21 year old guy with a mid level limit for under 25% interest. Maybe I'm just hard to please.
     
  10. illutionz macrumors 65816

    Joined:
    Oct 2, 2007
    Location:
    Rhode Island
    #10
    Holy Molly!! $500 deposit?? That's my T-Mobile deposit 5 years ago when I first came to the US and no SSN. :eek::eek::eek:
     
  11. troop231 thread starter macrumors 603

    Joined:
    Jan 20, 2010
    #11
    Ok, so I just completed the pre-order on ATT's site instead of Apple's this time and it didn't prompt with a deposit required, weird? :confused: Or will they cancel the order later :(
     
  12. illutionz macrumors 65816

    Joined:
    Oct 2, 2007
    Location:
    Rhode Island
    #12
    I would assume, If they do indeed need $500 deposit, they will let you know when you pick up the phone and sign your contract.

    I would give them a ring and check in a couple days...
     
  13. CJLevinsk22 macrumors member

    CJLevinsk22

    Joined:
    Jul 31, 2005
    Location:
    Cincinnati, OH
    #13
    Deposits are only for people with poor -or- no credit at all. All depends on your credit history!

    -Chris
     
  14. aequitas1234 macrumors member

    Joined:
    Jun 12, 2010
    #14
    When does the deposit thing come up?

    I preordered through AT&T about 4 hours ago as a new customer (I'm with Tmobile now), got confirmation email ($317 due), and nothing about a deposit.

    Should anything about a deposit show up immediately upon ordering, or will they contact you later if a deposit is required?
     
  15. troop231 thread starter macrumors 603

    Joined:
    Jan 20, 2010
    #15
    Yeah I'm only 20 so I haven't had any options to build it yet. (For my life situation, maybe not yours so don't flame)
     
  16. troop231 thread starter macrumors 603

    Joined:
    Jan 20, 2010
    #16
    It said on the site, if a deposit is required, the will cancel it, since they can't handle deposits online (wtf?) I seriously wish they could handle them online.
     
  17. Thedeathbear macrumors 6502a

    Joined:
    Apr 18, 2010
    #17
    Weird. When I first got a cell phone, with no credit, I tried Verizon. They wanted a $1000 deposit. I went to Cingular, and they wanted nothing.
     
  18. witmvpness6 macrumors member

    Joined:
    Jun 11, 2010
    #18
    I'm 18, just finished my freshman year at Michigan State, no deposit. Really glad I have such good credit for my age.
     
  19. troop231 thread starter macrumors 603

    Joined:
    Jan 20, 2010
    #19
    Nice, don't rub it in lol. Haven't had opportunities for me yet.
     
  20. witmvpness6 macrumors member

    Joined:
    Jun 11, 2010
    #20
    Didn't they pass that law that you can't get a credit card until you're 21 now if you have no previous cards? That's really unfair to be honest.
     
  21. troop231 thread starter macrumors 603

    Joined:
    Jan 20, 2010
    #21
    Exactly. You'd think that I work at Sears I could easily get a Sears credit card.
     
  22. JediZenMaster macrumors 68000

    JediZenMaster

    Joined:
    Mar 28, 2010
    Location:
    Portland,Oregon
    #22
    I had to pay a deposit also and i didn't really start building my credit till last year when i was 29. I paid for most things with cash. Because that's what my grandparents did and they didn't have any type of debt at all. You couldn't even get my Grandparents to touch a credit card

    So i would recommened if you can pay the deposit you get it back in a year. And just get a starter/Secured credit card when your able to. Charge a little bit and pay it off and that will build for you.

    But when you do get credit don't use it too much. Because that's once reason why this country has dragged the world into a recession.
     
  23. witmvpness6 macrumors member

    Joined:
    Jun 11, 2010
    #23
    Can a parent or significant other co-sign for you? Ha.
     
  24. NikeTalk macrumors 6502a

    Joined:
    Apr 5, 2010
    #24
    I would never pay a deposit for a phone, especially $500. But my credit score is 800+ anyway, you kids need to realize that in today's world credit is waayyyyy too important!
     
  25. coelacanth macrumors 6502

    Joined:
    Jul 19, 2004
    #25
    When I came to the US ten years ago, the deposit for AT&T was $1000 and so was Verizon's. Sprint took me for $125 deposit and I am still grateful for that. :p
     

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