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Yes. It is a joke. They ask for your social security number. Look at experian and then come back with a decision: yes or no.

Interestingly enough -- they don't actually see your credit score so if you challenge it, there is no way to prove if you have good credit or not.

It's a SCAM. DP&L is a joke.

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Q: Is there a deposit for dpl company fo a fist time costumer?
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Is Utility deposit considered accounts payable?

No, generally a utility deposit is not a payable. On the rare chance that the company allows you to "make payments" on the deposit, until it is paid, the it would be a payable, however, that generally is not the case. A utility deposit is generally required as a "security" deposit to the company providing the service and as a rule must be paid in advance before said service can be activated. Most companies after a prescribed amount of time will and certain requirements are met (no late payments, no disconnection, etc) will refund the deposit to the person/company. If this is the case, then a utility deposit that may be refunded after a certain period of time is actually considered an asset.


What is a bank certificates of deposit called a time deposit?

time deposit means payable at specified time same is the case with bank deposit ie. fixed deposit that is payable after certain period means not less than 7 days to earn interest so fds are called as time deposit


Which of these describes a time deposit?

Money in a savings account is an example of a time deposit.


How do you describe a time deposit?

A time deposit has to be left in the bank for a certain period of time. If it stays for the entire time in the bank, the depositor will receive a little more when the time deposit is withdrawn. A time deposit taken out before the date of maturity will be subject to penalties and the total amount might be less than the original deposit.


What is a deposit that gives a certain amount of interest in a specified amount of time?

time deposit


Difference between time deposit and demand deposit?

Demand Deposit It is type of an account from which deposited funds can be withdrawn immediately at any time without any notice to the depository institution. Time Deposit It is type of deposit which is in contrast to demand deposit and funds are not available immediately .These are also known as term deposits .


What is the difference between a time deposit and a certificate of deposit?

A time deposit (also known as a term deposit, particularly in Canada, Australia and New Zealand; a bond in the United Kingdom) is a money deposit at a banking institution that cannot be withdrawn for a certain "term" or period of time. When the term is over it can be withdrawn or it can be held for another term. Generally speaking, the longer the term the better the yield on the money. A certificate of deposit is a time-deposit product. A Certificate of Deposit (CD) can be traded, while a time deposit cant be traded because it is linked to a bank account.


Why passbooks not given to time deposit holders in banks?

Why passbooks not given to time deposit holders in banks?


What is an example of a time deposit?

A time deposit is an interest-bearing deposit held by a bank or financial institution for a fixed term. Time deposits usually refer to savings accounts, and are held by individuals.


Non refundable deposit refundable when?

Non refundable deposit means that the deposit will NOT be refunded to you at any time in the future after you make the non refundable deposit.


What does putting down a deposit mean?

Putting down a deposit means making an initial payment to secure a product or service. It often indicates a commitment to completing a purchase or reservation, with the remaining payment due at a later date. Deposits are typically non-refundable in case of cancellation or default.


Why is investec commercial bank a deposit taking intermediary?

It have a variety of deposit account, such as check account, savings and time deposit