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    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #1

    Feb 24, 2006, 04:52 PM
    Cell Phone Deposit
    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's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    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's Avatar
    kp42484 Posts: 39, Reputation: 16
    Junior Member
     
    #3

    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!

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