About a month ago I bought the Blackberry Storm & was told I had to pay a Security Deposit of $400 so I agreed & paid. Now A day later I got into a fist fight with a coworker & we were both fired, It's been a month & I haven't been able to find a job anywhere & the money I had in my bank account would only cover my Car & Insurance payments & maybe 25% of my Verizon Bill. I've been getting different sides to how/what Verizon uses the Security Deposit for. I Asked Verizon but they just sent me this message that was nothing but B/S & didn't have anything to do with what I asked. Someone told me it's used to cover my bill if I miss a Payment & when the deposit runs out my service will be cut off then canceled, another person told me its used to cover an early cancellation fee & my bill for that month & if there's money let over I'll get it back or If it's not enough Verizon will bill me for the rest. Can anyone who knows how this all works tell me which is it? P.S. I know after a year of on-time payments I get my $400 back.
Thanks.
Message Edited by Drama479 on 08-14-2009 03:50 AM