| Ending a Contract Early
By Allan
Keiter
A cell phone agreement is a legal contract, so not easy to escape. The best solution is to take steps to minimize the likelihood you’ll want to get out of it.
Before you Sign & During the Trial Period
- Reception issues are unique to each person — nobody else will know if the service is going to work in your kitchen — so take advantage of the carriers’ two-week trial period to make sure the service works everywhere you’ll need it. If you need to cancel during that period, you will only pay for service used (no contract termination penalty.
- If you have a planned change coming up in your life (e.g., moving, getting married, or new job), what you need from your cell phone and/or service may change dramatically. Consider a prepaid, no contract plan until things get settled.
- Consider Verizon as they are the only major carrier with prorated termination fees.
- Set aside $10 or $15 a month toward a new phone. Two-year contracts give you that much more time to lose your phone or desire an upgrade to a more current model. Since replacement phones are much more expensive than the discounted or free one you get for signing up, this is a way to minimize the impact should you want or need to upgrade halfway through your contract.
During the Contract
- Try a contract trading site, or take advantage of one of these escape routes, if applicable:
- Your carrier makes a material change to the terms of your contract. Note that your carrier may not see a change as material, so you might have to fight for this.
- You move somewhere not served by your current carrier. The worst case is moving to somewhere your carrier has service, but you experience worse reception than you had at your prior address. It is very difficult to get released from a contract in that case.
- Make an excessive portion of your calls outside the carrier-owned portion of your calling area. In this case, your carrier may cancel your contract. However, finding these locations, and making sure they don’t actually incur roaming charges for you, is probably more trouble than it is worth.
- Die — although this is not a recommended approach
About MyRatePlan: A different kind of shopping comparison site, MyRatePlan offers unbiased content, filters and calculators to help consumers make more informed decisions about the products and services they research and buy online. Visit our site at http://www.myrateplan.com.
Allan
Keiter is president of MyRatePlan.com.
Founded in 1999, MyRatePlan
offers unbiased content,
filters and calculators
to help consumers make
more informed decisions
about the products and
services they research
and buy online.
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