Downgrading

[jazzercise]

I was wondering if you downgrade from a smartphone to a basic phone then cancel will you early termination fee be 175 since its a basic phone?

[tikibar1]

The ETF is calculated based on the subsidized phone that you received when you upgraded, not the phone that's currently active on the line.

[jazzercise]

Is there a way to get out of an ETF?

[tikibar1]

You could have someone take over your line through an Assumption of Liability.  Otherwise, no .. you have to complete your contract or pay an ETF if you cancel early.

[#5]

Of course not.  When you signed a 2-year contract and bought a smartphone, you got a $600 phone for $200 (approximate).  Verizon gave you a $400 discount and in return, you agreed to make 24 monthly payments.  You need to fulfill your obligation by remaining as a customer or paying the ETF of $350 less $10 for each month completed.