LG Wireless Phone

Verizon Wireless Deposit for the SECOND Time?

I purchased a phone last night, and unlike the last time I started my own plan, it went through completely without asking me for a deposit. Then I got an e-mail saying my purchase was undergoing credit approval. Ugh. I am 20 years old, and my credit score is around 710, and on the few store cards / phone payments, loan payments I have had in my life, I have never missed one / been late, ever. When I first opened my own Verizon account, I forked over a $400 deposit, never missed a payment, and had it returned to me in full when my parents decided I could go back on their family plan during college. Some stuff happened, and I want OFF the family plan - I'm just not sure if they will charge me another $400 deposit for the second time? I haven't gotten an e-mail back from them yet...and the waiting is killing me. Anyone know anything about the verizon deposits?

Public Comments

1. Your credit score is decent my main question is how much do you make a month and how many bills do you have? That will be the ultimate decider whether they allow you to get the the account with no deposit.
2. Like all carriers, Verizon runs your credit score. If it's actually 710, you will not be required to pay a security deposit.