Should I pre-order the iPhone 5 online or wait until the launchdate?

Ok so here's the problem, I'm looking to get the iPhone 5 on a new 2year contract with Verizon & I have no credit backgroundd cause I'm 20 so I heard they would charge me for the phone & I guess like $400 cause I don't have any credit. I'm not sure how this all works or if I should wait till it comes out & go purchase it at the store but not sure if they would do all the same? Lots of answers with detail would be awesome!

Added (1). A deposit of what? How much?

1. "I'm looking to get the iPhone 5 on a new 2year contract with Verizon & I have no credit backgroundd"

you don't need credit background. You will be asked for a deposit.

2."I'm looking to get the iPhone 5 on a new 2year contract with Verizon & I have no credit backgroundd"

No, when you go on a contract you are paying for the cellphone pieces by pieces for 2 years. That is why you get charged more for contract phones.

3.Don't get the iPhone 5. The only difference between older iPhones are that the iPhone slightly looks diffrent and it is thinner. Also the port changed… That is the only difference.

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