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Deposit's

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So I have a $300 deposit if I bring my own phone (iPhone 5 using edge or purchase nexus 4 may cancle it cause I will miss my iPhone but hate edge speeds) or pay $400 and buy a t-mobile phone if I do any of these and not prepaid (I have a history of late payments) thanks you Verizon and Cox if payments are late all of the time and things happen dose this mean I loose my deposit and it gose flush down the drain or do I get it back?


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