Tag Archives: early termination fee

Verizon set to increase its early termination fee (booo!)

Come November 15 Verizon Wireless customers will be forced to pay $350 to terminate their cell phone contracts if they wish to change phones or leave VZW before the end of their two-year agreement.  The early termination fee increases from an already exorbitant $175.  Every month that passes, though, the fee decreases by $10.  VZ made it clear that this new termination fee only applies to “advanced devices;” it is safe to assume this means all smartphones, including the upcoming Droid by Motorola.  Blargh…ETFs were always garbage, but now they are stinky, rotten garbage.

[Via BGR]