I switched to Verizon in January and got a new iPhone. Now my account says my contract is ended, I'm a month-to-month customer and am eligible for an upgrade. Does this mean I can switch to another carrier and keep my phone without an ETF?
Like many bank errors, an auditing system may catch it at a later date and then send you the ETF.
So should get on it and switch now?
It's taking a chance, if they catch it at a later date, you will still owe the ETF. Just like if the bank puts $1,000 in your account by mistake and you quickly go out and spend it, when the bank figures out it gave you $1,000 in error, you owe it back. Spending it is actually a crime when you know it is not yours.
It all depends if you feel lucky, how averse you are to risk, and you don't mind paying $350 if you get caught.
Hmmm...how do you know this? Is there documentation of this somewhere? It sounds to me like you're guessing it would be this way based on your own opinions of how it would logically work, when it might not. Do you work for Verizon?
For example, my mom was bank teller and manager for about 30 years, and she said that if a teller gives you more money than you withdrew, they can ask/encourage/beg/intimidate you into giving it back, but legally the person who received the money has no obligation to return it.
I appreciate your replies, I'm just trying to get accurate replies, not conjecture.
I am not guessing. What I am telling you is legally the case. You can keep asking until someone gives you the answer you want, but that does not make it right. The same goes for a teller giving you money in error, it is just harder to prove. But if there is proof, not too hard these days with video, you are still not given a pass for taking money that is not yours under any circumstances.
See below for discussion and legal consequences for those that think bank errors are free money. Or ask any lawyer.
Bank Error in Your Favor? - Forbes
http://www.ncconsumer.org/news-articles/using-money-mistakenly-deposited-into-your-account.html
Bank error in your favor (Page 1 of 3)
Teen convicted of spending $30,000 bank put in his account by mistake | fox13now.com
http://www.dailyfinance.com/2009/12/09/bank-deposit-error-in-your-favor-give-it-back/
Georgia man sentenced for spending spree after $31,000 bank teller error | abc13.com
I do not work for Verizon. I am not in the telecommunications industry. I am not a lawyer. I am just a consumer of Verizon cellular services.
If you used Edge to buy your phone, yes, after 30 days you would be out of contract. But you still have an installment loan for the phone. After you pay off 75% of the phone cost you could trade in your current phone and enter a new Edge installment plan.
if you port your number out, the balance of the Edge would be due in full.
If you have a 2 year subsidy plan, then I think Weth is right, it's a mistake, which will be fixed.