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early termination fees after one year

i have a concession line for verizon and it was good after months but suddenly i get two bills and i get a bill collector calling me daily because i paid one bill and the other is still active so i will pay off the bill but what i want to know is how much is to terminate your verizon bill after a year of service on a concession line and no i dont want any other offers or try to talk me out of it i want to know how much it is so i can be done i am exteremly unhappy with verizon period!

Comments

dilbertaz

Did you get the phone under contract or pay for it outright? If you paid outright there shouldn't be any ETF, if it is under a two year contract I would imagine it is the same ETF that applies to any contract phone and the value depends on when you go the phone.

If it was pre Nov 14,2014 it should be $350 - $10/month, if after then it is more:

$350 Now, however, according to the new policy, if your contract term "results from your purchase of an advanced device on or after Nov. 14, 2014, your early termination fee will be $350, which will decline by: $10 per month in months 8-18, $20 per month in months 19-23, and $60 in the final month of your contract term

Snn5

Depends on when that other contract started, if on contract.

If you cancel a line of Service, or if we cancel it for good cause, during its contract term, you'll have to pay an early termination fee. If your contract term results from your purchase of an advanced device on or after November 14, 2014, your early termination fee will be $350, which will decline by $10 per month upon completion of months 7–17, $20 per month upon completion of months 18–22, $60 upon completion of month 23 and will be $0 upon completion of your contract term. For other contract terms entered into on or after November 14, 2014, your early termination fee will be $175, which will decline by $5 per month upon completion of months 7–17, $10 per month upon completion of months 18–22, $30 upon completion of month 23 and will be $0 upon completion of your contract term. If your contract results from your purchase of an advanced device prior to November 14, 2014, your early termination fee will be $350 minus $10 for each full month of your contract term that you complete. For other contract terms entered into prior to November 14, 2014, your early termination fee will be $175 minus $5 for each full month of your contract term that you complete. Cancellations will become effective on the last day of that month's billing cycle, and you are responsible for all charges incurred until then. Also, if you bought your wireless device from an authorized agent or third–party vendor, you should check whether they charge a separate termination fee.

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