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How to pay-off cell phone quicker on the Verizon Edge Plan.
Yo-Yo
Member

I am new to the Verizon edge plan.  If I want to pay more on my phone, to get it paid down, what is the best route to take?

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Re: How to pay-off cell phone quicker on the Verizon Edge Plan.
Loquat
Sr. Member

You can't.  The only option you have once you've engaged in EDGE is to pay a downpayment (reducing the balance) at time of purchase or to pay it off.  VZW doesn't allow for you to make additional payments to reduce the balance. 

Re: How to pay-off cell phone quicker on the Verizon Edge Plan.
ahosier
Member

thats not what we were told by verizon when we bought it. I just never tried myself since i signed up.

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Re: How to pay-off cell phone quicker on the Verizon Edge Plan.
Snn5
Sr. Leader

Can I pay more than my scheduled monthly Verizon Edge installment?

No, unless you are either seeking to Edge Up to a new device, which requires that at the time of the Edge Up transaction you pay at least 75% of the device (50% for customers with an Edge Agreement entered prior to 6/1/14, 60% for customers with an Edge Agreement entered between 6/1/14 and 10/15/14) following the initial 30 days of the Verizon Edge Agreement; or you are seeking to pay off 100% of your Verizon Edge Agreement, which you may do at any time.

Re: How to pay-off cell phone quicker on the Verizon Edge Plan.
Weth
Sr. Leader

Since it is a no interest loan, just pay yourself the extra and hide it in an account or safe place until you have enough to pay in full.