View Full Version : Cell Phone Deposit
excon
Feb 24, 2006, 04:52 PM
Hello experts:
I know that a landlord is supposed to pay interest on a deposit, and I thought that a cell phone company does too. Cingular says they don't.
Can you direct me to some law on the issue?
Thanks,
excon
Fr_Chuck
Feb 24, 2006, 07:09 PM
Hey excon, not wanting to bash Cingular but after they bought out ATT I have been stuck with them. They have been the worst. I have on several months paid them on time ( even have the cancelled check to prove it) but they keep claiming they never received the check, charge me late charges and then says ( and have cut off my service)
I fax them a copy of the cancelled check and they say and do take up to two weeks to give me credit after I fax them the cancelled check.
I am counting the days and minutes till I can get rid of them.
Also shop around, you may find someone that does not require a deposit at all.
Not the info you asked for, but though you may want to know the trouble I have had with them.
kp42484
Feb 25, 2006, 10:25 AM
Hi,
I can't tell you about any law that pertains to this, but I have Cingular, and they also recently released my deposit of $100 on my account. It apparently had earned interest ($16) while "sitting there", and I have had a credit to my account of $116. Nice, since I haven't had to pay anything, but I wonder why it took them so long?
Anyway... they do earn interest; a representative of Cingular told me this because I asked where the huge credit suddenly came from. Perhaps it depends on the state, since I got interest on my deposit and you did not. Or, maybe you talked to someone unknowledgable.
Hope this helps!