Multiple deposits? Good idea/bad idea? Why?

higherlead
Sun, 01 Apr 2007 15:29:30 +0000

Chedva - the ED thing might be a little different becase the applicant is agreeing to the terms in advance and so knows what they are getting into.

Double depositing though is similar to double booking an airline flight. You the customer want so badly to arrive at your destination on a certain date that you book two flights one earlier and one later and are willing to scarifice the deposit. Or you don’t know for sure if you will need to meet client A in Chicago or Client B in Atlanta so you book flights to both. The airlines have standbys and the schools have waitlists to protect themselves in these situations.

I think if the airlines maintained a database to see if you double booked flights and agreed that they would not let you fly anywhere that year if the caught you doing it there might be a few lawsuits. What do you think?