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fAcEtIOUs
Premium
join:2002-03-03
kudos:4

On typical 2 yr contract still pay $60 cancelling 1 mo early

The $5/mo plan is better than it was. But even with this new plan, you could still end up paying a $60 ETF if you cancel after 23 months on a 24 month contract.

$175 - (23*5) = $60

Now, anyone with some smarts wouldn't do that, especially if the monthly wireless contract price is less than $60, but it will still get some people who don't pay attention.
--
My BLOG .. .. Internet News .. .. My Web Page


kfsutops
Premium
join:2002-08-19
Tampa, FL

said by fAcEtIOUs:

The $5/mo plan is better than it was.
That is the attitude that let's the consumer get screwed now. Complacency is what AT&T want from us.

I don't think there should be any early termination fees. Just charge full price for the phone and move on.
--
"There are no stupid questions, but there are a LOT of inquisitive idiots"

LowRider

join:2006-06-23
Dallas, GA
Reviews:
·Comcast

reply to fAcEtIOUs

said by fAcEtIOUs:

The $5/mo plan is better than it was. But even with this new plan, you could still end up paying a $60 ETF if you cancel after 23 months on a 24 month contract.

$175 - (23*5) = $60

Now, anyone with some smarts wouldn't do that, especially if the monthly wireless contract price is less than $60, but it will still get some people who don't pay attention.
i pay 42 dollars on average per month, i be better just paying out the last months bill,what a joke


texans20
Premium
join:2002-09-28
Texas!

reply to kfsutops

said by kfsutops:

said by fAcEtIOUs:

The $5/mo plan is better than it was.
That is the attitude that let's the consumer get screwed now. Complacency is what AT&T want from us.

I don't think there should be any early termination fees. Just charge full price for the phone and move on.
AT&T and T-Mobile both have that option, you can pay full price and not be locked into a contract or you can bring your own GSM device.
--
"I sincerely believe the banking institutions having the issuing power of money are more dangerous to liberty than standing armies." Thomas Jefferson


tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:3
Reviews:
·Comcast

1 edit

reply to fAcEtIOUs

said by fAcEtIOUs:

.
Now, anyone with some smarts wouldn't do that, especially if the monthly wireless contract price is less than $60, but it will still get some people who don't pay attention.
This is about DISCLOSURE, as long as they tell you the terms, in a way a reasonable person can understand, you should be locked in.
some that don't pay attention will always be fooled.
if it was someone who's circumstances had dramtically changed, and they honestly could not afford to continue to pay, I could be somewhat sympathtic, but the majority of those complaining seem to want to get out, just to get the newest, shinest phone (toy) sooner.
There are costs to the lessor, above that which a straight 24mo/100% prorate would allow.
This isn't an interest free deal for people unwilling/unable to pay cash for the full price of phone plus the additional cost service in advance.
They aren't"fronting" you the phone for your benefit, it is to sell you on their continuing service.


joako
Premium
join:2000-09-07
/dev/null
kudos:5
Reviews:
·Comcast

reply to texans20

said by texans20:

said by kfsutops:

said by fAcEtIOUs:

The $5/mo plan is better than it was.
That is the attitude that let's the consumer get screwed now. Complacency is what AT&T want from us.

I don't think there should be any early termination fees. Just charge full price for the phone and move on.
AT&T and T-Mobile both have that option, you can pay full price and not be locked into a contract or you can bring your own GSM device.
They all stopped doing that years ago.
--
09:F9:11:02:9D:74:E3:5B:D8:41:56:C5:63:56:88:C0


kfsutops
Premium
join:2002-08-19
Tampa, FL

reply to texans20

said by texans20:

AT&T and T-Mobile both have that option, you can pay full price and not be locked into a contract or you can bring your own GSM device.
Of course they have the option, but the price it so that it makes no sense to that pay that price.

All cable companies are in bed with the cell phone makers on this. Do you really think that the cell phone carriers are really giving discounts here??? They have an extremely high mark up so they can appear to be giving a big discount.
--
"There are no stupid questions, but there are a LOT of inquisitive idiots"

EPS

join:2008-02-13
Hingham, MA

reply to kfsutops

said by kfsutops:

I don't think there should be any early termination fees. Just charge full price for the phone and move on.
This is the disconnect between this board and what most people would think- I would guess most people would say (at least at first) that they'd rather have a risk of an ETF than a much higher upfront cost.

Crookshanks

join:2008-02-04
Endicott, NY
Reviews:
·Frontier Communi..
·Verizon Online DSL

reply to joako

said by joako:

They all stopped doing that years ago.
Not true. T-Mobile has FlexPay. If you bring your own phone or buy one from them at full retail you can get service without a contract. If you get a discount on the phone price then a contract comes into play.

Crookshanks

join:2008-02-04
Endicott, NY
Reviews:
·Frontier Communi..
·Verizon Online DSL

reply to kfsutops

said by kfsutops:

]Of course they have the option, but the price it so that it makes no sense to that pay that price.
Not if you know how to game the system.

With T-Mobile at least (and AT&T?) you can buy any "prepaid" phone kit that they sell and use it for postpaid service simply by swapping the SIM cards.

I got a replacement Motorola V195 for $30 this way. Would've been $100 to get it through the postpaid group. Works just fine.

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