Verizon Question-TOS crap

Discussion in 'OT Technology' started by Wagon Driver, May 11, 2008.

  1. Wagon Driver

    Wagon Driver New Member

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    I recently switched to Verizon Wireless two months ago. I'm not really digging their service in my area. I understand that if I terminate my service, I will be billed the $175.00 .

    My question is, anything else I may be billed for, like the phone its self since its all only 2 months old? I got a razr for free with the 2 yr contact.
     
  2. P07r0457

    P07r0457 New Member

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    Location:
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    Just the ETF, the monthly service pro-rated for the day you cancel, and any overages that you may have.

    Remember that minutes/data are pro-rated, so you could force yourself into overage.

    For example:
    Assume a theoretical:
    500 minute plan
    $50 / month plan
    Bill cycle of the 1st
    200 minutes used
    $0.40 / min overage
    Cancel on the 10th

    You get prorated to 500 / 30 * 10 = 167 mins
    You get prorated to $50 / 30 * 10 = $16.67 service
    You used 200 - 167 = 33 minutes overage * $0.40 = $13.20 overage
    You pay a $175 early term fee

    $16.67 + $13.20 + $175.00 = $204.87 + tax + surcharges (theoretical)
     

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