Carrier T-Mobile Credit Check & Device Deposit

Discussion in 'iPhone' started by beaver82, Feb 15, 2017.

  1. beaver82 macrumors member

    Joined:
    Jul 27, 2008
    #1
    How does T-Mobile differentiate between "Awesome" credit and "Average" credit? For those that just switched to T-Mobile from another carrier, how was your experience on the credit check and deposit amount on a new device?
     
  2. Applejuiced macrumors Westmere

    Applejuiced

    Joined:
    Apr 16, 2008
    Location:
    At the iPhone hacks section.
    #2
    Every company has different criteria in the way they judge credit history in order to provide post paid service.
    Everyone's personal situation will be different so you cant really compare credit decisions accurately.
     
  3. roger1955 macrumors newbie

    roger1955

    Joined:
    Jul 21, 2016
    Location:
    Northern California
    #3
    I believe my credit was good when I switched from AT&T some years ago, T-mobile did not ask for a deposit. My credit score has gone downhill since (5 years ago) and T-mobile has not hindered me in no way when I have jumped or upgraded to a new device( 3 lines) and I've done this on 10 or more occasions in the last 5 years. So I'm assuming your credit should be decent to bypass a deposit from T-mobile. When I checked into switching to Sprint a while back, they requested a deposit, as I mentioned my credit is below decent/good :(
     
  4. eyoungren macrumors Core

    eyoungren

    Joined:
    Aug 31, 2011
    Location:
    ten-zero-eleven-zero-zero by zero-two
    #4
    I signed up with them about a year and a half ago. Credit was good at the time, I qualified for zero down on the base model iPhone. However, we always get the highest capacity phone Apple offers so that required a deposit of $200 per device (both 128GB models).

    Since then I have heard stories that T-Mobile no longer offers zero down.

    Speaking to @roger1955, T-Mobile considers you as a customer with good credit if you have made more than 12 payments in a row on time. So, however bad your score may be in general as long as you've done that with T-Mob and are not behind in payments they see you as having good credit.
     
  5. roger1955 macrumors newbie

    roger1955

    Joined:
    Jul 21, 2016
    Location:
    Northern California
    #5
    Yea, unfortunantly anything above the base model(32gb) requires a down payment, I just jumped from the 6s plus 64gb (99 deposit) to 7 plus 128 gb (199 deposit) :( just couldn't drop down to 32 gb from 64 gb. I won't be jumping with this 7 plus 128gb since the deposit does not move to the next phone you jump to. :(
     
  6. beaver82 thread starter macrumors member

    Joined:
    Jul 27, 2008
    #6
    So basically with any iPhone above the base, a deposit will be required even if you have perfect credit?
     
  7. roger1955 macrumors newbie

    roger1955

    Joined:
    Jul 21, 2016
    Location:
    Northern California
    #7
    Yes, that is correct, I believe that's with all the major carriers( Verizon, AT&T, T-Mobile & Sprint).
     
  8. MsRandall macrumors 65816

    MsRandall

    Joined:
    Nov 27, 2011
    Location:
    Bay Area, Ca
    #8
    Not true with Verizon - I bought 4 iPhone 7 plus models- 3 (256gb) and 1 (128gb) all were no money down - only high Cali taxes

    My sister really wants TMobile and the only reason she doesn't switch is the down payments on larger capacity iPhones with TMobile
     
  9. Applejuiced, Feb 17, 2017
    Last edited: Feb 17, 2017

    Applejuiced macrumors Westmere

    Applejuiced

    Joined:
    Apr 16, 2008
    Location:
    At the iPhone hacks section.
    #9
    Its not a deposit. It has nothing to do with credit. If you have credit then charge the money on a credit card.
    Its like before where you were getting an iphone for $199 with 2 year contract.
    If you pay $99 or $199 it comes off the phone price. You either pay it upfront or spread out over 24 months you're still paying it one way or the other.
     
  10. Geo925 macrumors newbie

    Geo925

    Joined:
    Mar 10, 2018
    #10
    Verizon doesn't require you a deposit only because you went up on the size.
     
  11. raqball macrumors 68000

    Joined:
    Sep 11, 2016
    #11
    I read somewhere a while back (I don't have T-Mo though) that T-Mo 'awesome' credit is 700 or above. Thats actual FICO and not the fake scores found at most credit monitoring services.
     
  12. Shadowbech macrumors 601

    Joined:
    Oct 18, 2011
    Location:
    Planet iPhone
    #12
    Not for Verizon and I didn't had to pay a deposit when I first signed up to get the 7 plus with the promotional credit when it was launched.
     
  13. csurfr macrumors 68000

    Joined:
    Dec 7, 2016
    Location:
    Seattle, WA
    #13
    From what I understand T-Mobile sets your credit limit when you sign up and they will not change it, nor will they tell you what that limit actually is. What does get changed is the deposit. If when you first signed had to put a deposit down on say an iPhone 7, if you make 12 consecutive on-time payments then most phones will no longer require a down payment.

    In respect to the iPhone X, T-Mobile told me specifically both over the phone and twitter that the only people that would not be required to have a down payment for that phone were those with extensive history with them.

    Some people claim to have had that changed, but I don’t personally know anyone who had any success with that.
     
  14. BasicGreatGuy Contributor

    BasicGreatGuy

    Joined:
    Sep 21, 2012
    Location:
    In the middle of several books.
    #14
    Sounds like T-Mobile has a lot of accounts in collections.
     

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