It's a shame really. Slimy people trying to make a fraudulent living only ends up screwing over the Middle Class family with a few kids. It's not likely that this will effect too many people, as it's rare to set up that many lines all at once unless you are changing carriers. Although, when I moved my account over to my name I signed up four "new" lines. This isn't the first thing, those $400 Smartphone ETF's probably wouldn't exist if not for all the people frauding the system.
Ha, that's moronic, if true. I have 5 lines with smartphones; surely they don't want to make it difficult for people like me to switch to them,
I can't post any specifics because it hasn't been formally announced yet, but the new policy is supposed to be the same across all sales channels. Only businesses will be exempt from the policy, from what I understand.
Makes no sense. They run your credit to make sure you're not a deadbeat. Chances are if you have good credit and are opening an AT&T account you are not doing it to defraud a company and ruin your credit for a few years and possibly risk breaking the law. If you're a criminal chances are this will just be a minor deterrent. There are always ways to game the system. No law or fraud prevention has ever stopped a crook.