nmarrion
join:2001-05-22
Los Altos, CA
 ·Pacific Bell - SBC
1 edit | Sprint do not pro-rate ETF
This article is not correct. Some, not all, wireless providers pro-rate their ETF. Sprint does not yet, they announced in Nov 2007 that they would do so sometime in 2008.
My guess is that if/when Sprint relax their $200 ETF then many customers will dump them, purely because Sprint Customer Service is so bad.
(article was later updated) |
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RARPSL
join:1999-12-08
Suffern, NY
| said by nmarrion  :Some, not all, wireless providers pro-rate their ETF. Calling what the providers offer "pro-rating" is a lie since it is actually only discounting the remaining amount due if the contact is ended early. For it to be true pro-rating, the reduction per month must be set at a value where the sum of the reductions by the end of the term must equal the original amount.
IOW: If the EFT is $240 and the term is 24 months, you reduce the remaining EFT by $10 each month.
I question the EFT amount also since I feel it is set too high. The providers claim it is to reimburse them for giving me a discount on the handset but the difference between the price of a "free" (or discounted) handset and buying it outright from the provider is less than the EFT that they claim they are owed due to me not buying the handset but them selling/giving it at a discounted/subsidized price. |
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esc0
@newskies.net
| reply to nmarrion
I got out of my contract with Sprint even before they said they were considering prorated ETF. They had a change in services that voided many customer's contracts. I am no longer going with any company that requires a contract for cell service.
Other countries around the world has some type of contract also, but the US is getting worse. And now with the internet useage fee. We are going back in time instead of ahead with technology, yet the majority of us think we have the best consumer services. Sad day in America....... |
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