With multiple carriers raising their early termination fees as of late, the Federal Communications Commission has decided that it would be good to educate consumers on ETFs and how to avoid paying the outrageous prices. The FCC explains that customers should talk to the sales people about how and when the ETFs are applied, as well as how much the fee goes down each month. Consumers should also consider purchasing a device for the full retail price to avoid incurring an ETF. The FCC went on to say that customers should be aware of the trial period that carriers offer at the beginning of a contract as well as any changes made to plans that could possibly reset the ETF. Finally, the FCC tells us to consider signing up for a pre-paid service if we don't necessarily need full on unlimited talk, text, and web plans, although most pre-paid carriers offer unlimited options for a reasonable price lately. Have any of you had to pay an early termination fee in the past? Share your ETF experience with us!
Via Phone Scoop