Quick question regarding Early Termination Fee

[soleilvie]

I know the ETF for the Incredible is $350. Due to unforeseen circumstances (please don't ask), I may need to get rid of my phone. What if I start using my old enV2 again and then decide to cancel my contract. Will I be able to pay the ETF of the enV2 ($175)? I assume it isn't that easy but it would be very nice! Thoughts?

 

[scion193]

No you wont, infact if you switch to your older device and dont switch back within 30 days, you risk verizon charging you. I read somewhere that the ETF fee decreased by 10 dollars a month each month you had the phone. Not entirely sure if they implemented this, the FCC was grilling verizon on this issue. Try searching for it on consumerist. Unfortunately you are locked into your dinc.

 

[soleilvie]

No you wont, infact if you switch to your older device and dont switch back within 30 days, you risk verizon charging you. I read somewhere that the ETF fee decreased by 10 dollars a month each month you had the phone. Not entirely sure if they implemented this, the FCC was grilling verizon on this issue. Try searching for it on consumerist. Unfortunately you are locked into your dinc.

I would risk Verizon charging me for what? I mean, what happens if I dropped my Incredible and it broke beyond repair/usability? Would I be unable to return to my older phone? I am fully prepared to pay the $350 ETF but of course any workaround would be great.

I also heard about the $10 being deducted from the ETF for each month and a quick search just showed this to be true. That will lighten the fee a bit.

 

[vandyblackandgold]

even though you would be staying with vzw, you still run the risk of the ETF because you have a smart phone. part of your agreement, with buying a smartphone, is not only will you have some sort of voice plan, but you will also maintain a data plan of $29.99 or higher for the duration of your contract. so if you were to switch back, i would assume that you would seek to cancel the data portion which would put you in violation of your contract. now, as far as 30 bucks a month goes, in tens months you start saving money if you went ahead and paid the ETF.