If my credit is denied!!

Discussion in 'iPhone' started by nkkumi01, Jun 26, 2007.

Thread Status:
Not open for further replies.
  1. nkkumi01 macrumors newbie

    Joined:
    Mar 6, 2007
    Location:
    Chicago/Louisville
    #1
    Can I still get service regardless if my credit gets denied?? Some people mentioned a security deposit. How much is the average security deposit??
     
  2. darwen macrumors 6502a

    darwen

    Joined:
    Apr 12, 2005
    Location:
    California, US
    #2
    I believe it is $750. That is just what I read on here though.
     
  3. janey macrumors 603

    janey

    Joined:
    Dec 20, 2002
    Location:
    sunny los angeles
    #3
    it's not that it's denied, and the deposit depends on how nonexistant or awful your credit is, among other factors.
     
  4. pr5owner macrumors 65816

    Joined:
    Jun 10, 2007
    #4
    wow if your credit is denied, you camped out for nothing!

    j/k do you know for sure if they do a credit check? i heard apple stores will make you activate it over itunes from home.
     
  5. nkkumi01 thread starter macrumors newbie

    Joined:
    Mar 6, 2007
    Location:
    Chicago/Louisville
    #5
    Seriously, I have to pay 750 dollars for the privilege to purchase a 600 dollar phone and a 2 yr contract for 80/month. I might have fair credit but I have paid my previous cell phone bill (Tmobile) on time, with only 4 late payments in 3 and a half years. Hopefully if anything it doesn't exceed 250!!!
     
  6. darwen macrumors 6502a

    darwen

    Joined:
    Apr 12, 2005
    Location:
    California, US
    #6
    No, it would be for the privliage to use AT&Ts great services... ;)
     
  7. zflauaus macrumors 65816

    Joined:
    Nov 19, 2004
    #7
    I'm not sure if this is possible, but can you go up to an AT&T store before the release and see if you need to put down a deposit? I don't know if that's possible though.
     
  8. Antaios macrumors regular

    Joined:
    Jun 18, 2007
    Location:
    New York City
    #8
    ur friendly neighborhood at&t rep here...
    credit checks that require a deposits usually range from $150.00 to $750.00.
    I've seen 150, 500, 750 and only once 800.
     
  9. /dev/toaster macrumors 68020

    /dev/toaster

    Joined:
    Feb 23, 2006
    Location:
    San Francisco, CA
    #9
    I have to drop down $750 on Friday for a deposit. I have bad credit.

    Paying your bills on time with other cell providers means nothing. You don't get credit for that. It also doesn't mean squat on your credit for utility bills and what not.

    All cell providers require good credit or have high deposit requirements, thats just how it is.

    Personally, I think it should be law that companies who can or do report bad credit should be required to report good credit.
     
  10. Teh Don Ditty macrumors G4

    Teh Don Ditty

    Joined:
    Jan 15, 2007
    Location:
    Maryland
    #10
    If you had to pay $750 for the "privilege" to purchase a $600 phone I'd say you're out of your damn mind. I'll tell ya what, how about slap ya across the face and I take your $750 and we'll call it a day?

    No phone is worth that much! (750 + 600 + 80/mo (960 over the year) +36 activation)

    Good luck trying to get the iPhone. Hope your credit gets approved!

    They do. It's noted as "pays on time"
     
  11. asherman13 macrumors 6502a

    asherman13

    Joined:
    Jul 31, 2005
    Location:
    SF Bay Area, CA
    #11
    My AT&T rep said $500, and you get it back after a year of paying your bills on time.

    EDIT You can go into a store today and ask what your deposit will be if you need one, be sure to bring your Social Security number and your driver's license. Also, you can get a "pre-approved credit" number from your local AT&T store if you're worried about it; you enter that number during the iTunes activation process.
     
  12. nkkumi01 thread starter macrumors newbie

    Joined:
    Mar 6, 2007
    Location:
    Chicago/Louisville
    #12
    Ok so what if I was to take over a friends cingular account meaning transferring responsibility completly over to me, do they do a credit check as well??
     
  13. Teh Don Ditty macrumors G4

    Teh Don Ditty

    Joined:
    Jan 15, 2007
    Location:
    Maryland
    #13
    Are you on the account?

    I'm guessing you're not. Then, yes they'll still do a credit check.

    The only time you can get away with it is when you're already on an account (say you're on under your parents name), you turn 18 and your 'rents sign a paper saying that this will now be your account. That's how it worked for me back in the day with Verizon.
     
  14. Antaios macrumors regular

    Joined:
    Jun 18, 2007
    Location:
    New York City
    #14
    oh yes... that is a standard practice now.
     
  15. nkkumi01 thread starter macrumors newbie

    Joined:
    Mar 6, 2007
    Location:
    Chicago/Louisville
    #15
    Oh so if lets say my brother who owns a cingular account decides to add a new line for me, I don't need to do a credit check?? I'm I understanding this correctly?
     
  16. Teh Don Ditty macrumors G4

    Teh Don Ditty

    Joined:
    Jan 15, 2007
    Location:
    Maryland
    #16
    Correct, because your brother is the owner of the account. He doesn't have to give much detail on who uses the additional line.

    But, I don't know if you can do that with the iPhone.
     
  17. nkkumi01 thread starter macrumors newbie

    Joined:
    Mar 6, 2007
    Location:
    Chicago/Louisville
    #17
    what why??? My head hurts this is complicating lol!!
     
  18. GeekLawyer macrumors demi-god

    GeekLawyer

    Joined:
    Jun 2, 2007
    Location:
    The post is coming from inside the house!
    #18
    You can call AT&T Wireless and speak to customer service ahead of time. They will run your credit for you and let you know if you're in good shape. If you're in good shape, they will give you a BAN number that you will put into iTunes as you're activating your phone.

    I called today and got this taken care of.
     
  19. gauchogolfer macrumors 603

    gauchogolfer

    Joined:
    Jan 28, 2005
    Location:
    American Riviera
    #19
    You can add a new line to a family plan and get an iPhone. As long as the person whose name is on the bill doesn't change, then no security deposit ought to be required.
     
  20. MacbookSwitcher macrumors 6502

    MacbookSwitcher

    Joined:
    Mar 13, 2007
    #20
    If your credit is denied, you have no business buying a $500/$600 phone! This is an example of the system working correctly
     
  21. /dev/toaster macrumors 68020

    /dev/toaster

    Joined:
    Feb 23, 2006
    Location:
    San Francisco, CA
    #21
    Interesting. Well, I just went through my credit report again and I fail to see "pays on time" noted any where next to a cell phone company or utility company. Oh wait, I see why ... the company isn't listed at all.

    I have paid my cell bill on time for the past 6+ years that I have had a cell phone. When I left T-Mobile I even called to reques they send a good credit raiting out about my time as a customer. They simply said "Sorry, we don't do that".
     
  22. Antaios macrumors regular

    Joined:
    Jun 18, 2007
    Location:
    New York City
    #22
    BAN number?? That's internal at&t jargon.... how do you know that GeekLawyer??
     
  23. nkkumi01 thread starter macrumors newbie

    Joined:
    Mar 6, 2007
    Location:
    Chicago/Louisville
    #23
    Shame on me, because I thought, my money was worth the same amount as yours. I'm sorry that I'm young and have not yet built credit. People like me shouldn't be allow to buy the iphone. I'm gonna leave now. :eek:
     
  24. gauchogolfer macrumors 603

    gauchogolfer

    Joined:
    Jan 28, 2005
    Location:
    American Riviera
    #24
    Probably because it's prominently featured in the how-to video on Apple's website. ;)
     
  25. Antaios macrumors regular

    Joined:
    Jun 18, 2007
    Location:
    New York City
    #25
    nope. at&t doesn't either.... we only report to credit agencies if you fail to pay...
     
Thread Status:
Not open for further replies.

Share This Page