 ropeguruPremium
join:2001-01-25
Mechanicsville, VA | reply to Matt
Re: Loyal? said by Matt:Or we don't want to pay an absurd ETF fee that never cycles to 0 dollars. When my contract is up, technically, I'll still have $50 left on the ETF (per line I might add) because it only decreases by $5 per month. Add to that the expense of having to purchase all new phones and it quickly becomes too costly while in contract to migrate. Do the ETF's really work that way?? I thought they reduced it by $5 per month and you have to pay unless your contract is up. In other words, even on the last month you will have $50 left per line as you stated. But wait until after the contract end date and that $50 drops off completely. So you will always be dinged at least $50 before the end date but afterwards it is immediately $0. |
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glinc
join:2009-04-07
New York, NY | nope, each month that goes by it less...so yea if you cancel 1 month away from your contract is $5-$10 depending on the carrier....I believe Nextel/Sprint and T-mobile still are the ones who doesnt pro-rate your ETF |
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 MattAll noise, no signal.Premium
join:2003-07-20
Jamestown, NC
kudos:12 | reply to ropeguru
said by ropeguru:said by Matt:Or we don't want to pay an absurd ETF fee that never cycles to 0 dollars. When my contract is up, technically, I'll still have $50 left on the ETF (per line I might add) because it only decreases by $5 per month. Add to that the expense of having to purchase all new phones and it quickly becomes too costly while in contract to migrate. Do the ETF's really work that way?? I thought they reduced it by $5 per month and you have to pay unless your contract is up. In other words, even on the last month you will have $50 left per line as you stated. But wait until after the contract end date and that $50 drops off completely. So you will always be dinged at least $50 before the end date but afterwards it is immediately $0. Thanks for the clarification, yes that is what I meant. You don't have to pay the $50 if your contract has expired.
What I was trying to illustrate, is that your ETF doesn't decrease proportionally with your contract like the other carriers. Technically, you should have a $5 ETF the month before your contract expires, but they structure it so that would be a $55 ETF fee. Verizon's ETF expires 1-2 months before your contract is up actually, so you can cancel a month or two before your contract end date with no penalty. $50 doesn't seem like much, but when you are talking a family plan with 2, 3, or 4 lines it becomes a significant expense ...
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"What is conservatism? Is it not adherence to the old and tried, against the new and untried?" - Abraham Lincoln |
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