Interest on DEPOSITS?

WHERE the money is being held, the duration of nor the interest paid; was
not disclosed in the following QUESTIONABLE (please do not-reply) response:

Please do not reply to this email address. This email address is not
monitored for replies.

ORDER NUMBER: 431419306
SHIP TO ADDRESS:
Johann Backer
2010 Miami St

South Bend IN 46613

Good news! Sprint PCS has approved your order for wireless service with a
refundable deposit
of $125 per phone. In order to complete your order, all we need you to do
is provide us with
payment information in order to collect the payment.

TO PAY YOUR REFUNDABLE DEPOSIT AND SHIP YOUR PHONE:
Click below to enter payment information.
http://www.wirefly.com/ccupdate.asp?...rl=aaavirtual6

If you do not wish to pay your deposit and ship your phone, no reply is
necessary.

Please be aware that this is a deposit, it is not a fee. Your deposit will
be returned to
you by Sprint PCS at the end of your first year of service provided you pay
your bills on time
each month.

Unless payment is provided, we have suspended further processing of this
order for wireless
service with Sprint PCS.

We appreciate your business.

Sincerely,

4Phones.biz
Customer Relations Department

Questions? Please visit http://www.whereismyorder.com for detailed
information on your order
and answers to frequently asked questions.

You may obtain a free copy of your credit report by contacting one of the
agencies listed
below within sixty (60) days from the date you receive this notice.

You have the right to dispute with the agency the accuracy or completeness
of any of the information
in your credit report.

Equifax Transunion Experian
P.O. Box 105873 P.O. Box 1000 P.O. Box 2002
Atlanta, GA 30348 Chester, PA 19022 Allen, TX 75013
(800)685-1111 (800)888-4213 (888)397-3742

---

› See More: Interest on DEPOSITS?

In article <[email protected]>,=20
[email protected] says...
> WHERE the money is being held, the duration of nor the interest paid; was
> not disclosed in the following QUESTIONABLE (please do not-reply) respons=
e:
>=20

Soo... ummm... you have a question? Yes, SPCS requires a deposit in=20
some cases. At the end of a year, assuming an account in good=20
standing, SPCS will pay it back. You appear to be intending to ask a=20
question, but I don't see that you ever actually asked it.

--=20
R=D8=DF
O/Siris
~+~
"A thing moderately good is not so good=20
as it ought to be. Moderation in temper=20
is always a virtue, but moderation in=20
principle is always a vice."
Thomas Paine, "The Rights of Man", 1792

RØß Vargas wrote:
> In article <[email protected]>,
> [email protected] says...
>> WHERE the money is being held, the duration of nor the interest
>> paid; was not disclosed in the following QUESTIONABLE (please do
>> not-reply) response:
>>
>
> Soo... ummm... you have a question? Yes, SPCS requires a deposit in
> some cases. At the end of a year, assuming an account in good
> standing, SPCS will pay it back. You appear to be intending to ask a
> question, but I don't see that you ever actually asked it.

The QUESTION was asked in the subject line.

The answer was made in the first follow-up (from an email received after
posting): they do NOT pay interest on required deposits.

Perhaps you have some additional information on interest being paid on
deposits?

They should pay you for having bad credit? Maybe they should charge
higher rates for those that need a deposit to pay that interest?


Johann Backer wrote:

> RØß Vargas wrote:
>
>>In article <[email protected]>,
>>[email protected] says...
>>
>>>WHERE the money is being held, the duration of nor the interest
>>>paid; was not disclosed in the following QUESTIONABLE (please do
>>>not-reply) response:
>>>
>>
>>Soo... ummm... you have a question? Yes, SPCS requires a deposit in
>>some cases. At the end of a year, assuming an account in good
>>standing, SPCS will pay it back. You appear to be intending to ask a
>>question, but I don't see that you ever actually asked it.
>
>
> The QUESTION was asked in the subject line.
>
> The answer was made in the first follow-up (from an email received after
> posting): they do NOT pay interest on required deposits.
>
> Perhaps you have some additional information on interest being paid on
> deposits?
>
>

Jerome Zelinske wrote:
> They should pay you for having bad credit? Maybe they should charge
> higher rates for those that need a deposit to pay that interest?

Those who do not posess reading comprehension in the english language should
not attempt making a comment.

His comprehension is right on - try Verizon and see how much more they
require for a deposit. Sprint has the lowest deposit requirements for those
with bad credit than any other major carrier.


"Johann Backer" <[email protected]> wrote in message
news:[email protected]...
> Jerome Zelinske wrote:
> > They should pay you for having bad credit? Maybe they should charge
> > higher rates for those that need a deposit to pay that interest?
>
> Those who do not posess reading comprehension in the english language
should
> not attempt making a comment.
>
>

>> Jerome Zelinske wrote:
>>> They should pay you for having bad credit? Maybe they should charge
>>> higher rates for those that need a deposit to pay that interest?
>>
>> Those who do not posess reading comprehension in the english
>> language should not attempt making a comment.

desi wrote:
> His comprehension is right on - try Verizon and see how much more they
> require for a deposit.

I have. Some require $400.00.

> Sprint has the lowest deposit requirements
> for those with bad credit than any other major carrier.

That fact was never disputed.

When I lived in Tampa, GTE (now Verizon) paid interest on deposits.
A move to South Bend: Ameritech (now SBC) paid interest on deposits and SBC
still does.

A reply from them: "There is not interest paid on a deposit", indicates that
not only do they NOT pay interest on deposits--- they have also outsourced
their CS Support to a fourth world country. "Not" instead of "no" is
improper word usage.

Jerome Zelinske wrote:

> They should pay you for having bad credit? Maybe they should charge
> higher rates for those that need a deposit to pay that interest?

Some companies, if they require a deposit, will pay interest. Why should they
not pay interest? I guarantee you that until the end of the deposit period, the
bank account your deposit sits in is generating interest for the company.

--
JustThe.net Internet & New Media Services, http://JustThe.net/
Steven J. Sobol, Geek In Charge / 888.480.4NET (4638) / [email protected]
PGP Key available from your friendly local key server (0xE3AE35ED)
Apple Valley, California Nothing scares me anymore. I have three kids.

Johann Backer wrote:



> A reply from them: "There is not interest paid on a deposit", indicates that
> not only do they NOT pay interest on deposits--- they have also outsourced
> their CS Support to a fourth world country. "Not" instead of "no" is
> improper word usage.

Wow. That's a useless analogy.

Sprint has closed some of its call centers but I don't think they've moved any
call center functions offshore. Do you really think all Americans speak perfect
English and speak without an accent? If so, I have some news for you...

--
JustThe.net Internet & New Media Services, http://JustThe.net/
Steven J. Sobol, Geek In Charge / 888.480.4NET (4638) / [email protected]
PGP Key available from your friendly local key server (0xE3AE35ED)
Apple Valley, California Nothing scares me anymore. I have three kids.

"Johann Backer" <[email protected]> wrote in message
news:[email protected]...
> WHERE the money is being held, the duration of nor the interest paid; was
> not disclosed in the following QUESTIONABLE (please do not-reply)
> response:
[snip]
> Good news! Sprint PCS has approved your order for wireless service with a
> refundable deposit
> of $125 per phone.

What gives me pause is this:

> TO PAY YOUR REFUNDABLE DEPOSIT AND SHIP YOUR PHONE:
> Click below to enter payment information.
> http://www.wirefly.com/ccupdate.asp?...rl=aaavirtual6

And...

> Sincerely,
>
> 4Phones.biz
> Customer Relations Department


Clearly, you're not dealing with Sprint PCS directly, and Sprintpcs does not
do business as wirefly.com nor as 4Phone.biz. As such, I'd be very suspect
about where this "deposit" is going. If your credit is bad or nonexistent,
Sprint will usually ask for a deposit upon activation of the phone, not
before it is even shipped to you.

I'd cancel the order and deal direct with Sprint.

>> Soo... ummm... you have a question? Yes, SPCS requires a deposit in
>> some cases. At the end of a year, assuming an account in good
>> standing, SPCS will pay it back. You appear to be intending to ask a
>> question, but I don't see that you ever actually asked it.
>
> The QUESTION was asked in the subject line.

So your question was "Interest on DEPOSITS?"

Uhh, what about interest on deposits? If you're going to ask a question,
make sure you at least use complete sentences. And it's also helpful is you
ask your question in the message body, instead of the subject line.

"Johann Backer" <[email protected]> wrote in message
news:[email protected]...
> Jerome Zelinske wrote:
>> They should pay you for having bad credit? Maybe they should charge
>> higher rates for those that need a deposit to pay that interest?
>
> Those who do not posess reading comprehension in the english language
> should
> not attempt making a comment.

Nor should they be asking "questions," especially when they seem to answer
those questions on their own.

> desi wrote:
>> His comprehension is right on - try Verizon and see how much more they
>> require for a deposit.
>
> I have. Some require $400.00.

With that qinning attitude, I'm sure your credit is stellar.

> That fact was never disputed.
>
> When I lived in Tampa, GTE (now Verizon) paid interest on deposits.
> A move to South Bend: Ameritech (now SBC) paid interest on deposits and
> SBC
> still does.

Then go to Verizon, or to SBC-owned Cingular. I'm sure that your $400
deposit will go much father on the 0.7% premium APY that most banks are
offering for money market accounts, than would your $125 deposit with
Sprint. Or, you could just write off the whole 87 cents that Sprint would
have given you on a year's interest on that $125 deposit.

Isaiah Beard wrote:
> "Johann Backer" <[email protected]> wrote in message
> news:[email protected]...
>> Jerome Zelinske wrote:
>>> They should pay you for having bad credit? Maybe they should charge
>>> higher rates for those that need a deposit to pay that interest?
>>
>> Those who do not posess reading comprehension in the english language
>> should
>> not attempt making a comment.
>
> Nor should they be asking "questions," especially when they seem to
> answer those questions on their own.

There is no "seem" to it. I sent a followup on what I had received since the
post.
THAT is referred to as--- courtesy.

I comprehended that a deposit was required from you. I comprehended
that you wanted interest paid to you on that deposit. Comprehend that I
do not think interest should be paid on deposits.


Johann Backer wrote:

> Jerome Zelinske wrote:
>
>>They should pay you for having bad credit? Maybe they should charge
>>higher rates for those that need a deposit to pay that interest?
>
>
> Those who do not posess reading comprehension in the english language should
> not attempt making a comment.
>
>