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Verizon makes good on ETF promise
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Back in July, Verizon Wireless promised to prorate its early termination fee (ETF). Late last week the carrier fulfilled the promise as a part of its "worry-free" guarantee, which also includes free online management features (check your remaining minutes). New contracts signed after November 16th will include a prorated ETF--an immediate cancellation (during the first month) will require a $175 ETF, while each proceeding month sees a $5 decline in the fee. The worry-free program also includes free online backup of contacts, so subscribers can retain their contact information should they lose their handset.
For more on Verizon's worry-free program:
- read the company press release
Comments
Posted by DKrell | November 20, 2006 - 3:04pm
Most carriers will allow a 14-30 day cancellation policy without financial penalty. Will Verizon charge $175 if I sign up on Tuesday and cancel everything 1 week later when I can't get a signal at home?
Posted by Anonymous | November 27, 2006 - 4:24pm
No Verizon will still give you the 15 day return it is after day 15 that they charge you if you cancel
Posted by Anonymous | November 7, 2009 - 9:17pm
actually it is now a law that requires all cell carriers to give 30 days before they can charge you the termination fee.
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