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Why a security deposit is taken & when it is refunded?

April 26, 2017deposit refunded security

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Why a security deposit is taken & when it is refunded?

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A deposit is an actual charge taken from your credit card account. In case you rent a cell phone from RebelFone we hold a $100 refundable deposit. Deposit will be held till the time cell phone is returned and all call records are received and billed to your credit card. When your final RebelFone invoice is produced your credit card will be refunded for the excess credit we hold for you.