Early Termination Fees
NikkiM205
Enthusiast - Level 1

How much is the early termination fee if I upgraded on 6/5/14?

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Re: Early Termination Fees
tailynn
Enthusiast - Level 3

regular phone 170,
smartphone 340.

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Re: Early Termination Fees
tikibar1
Community Leader
Community Leader

$340 ($350 minus $10 for each full month of your contract term that you've completed), assuming you have a smartphone.

Re: Early Termination Fees
tailynn
Enthusiast - Level 3

regular phone 170,
smartphone 340.

Re: Early Termination Fees
NikkiM205
Enthusiast - Level 1

Do you know how that would be paid?  What steps do I need to take to terminate?

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Re: Early Termination Fees
tikibar1
Community Leader
Community Leader

If you plan to port your number to a different carrier, you'd initiate the process with that carrier.  Otherwise, you'd call Customer Service or visit your local Corporate Verizon store to cancel service.

Cancellations are effective on the last day of that month's billing cycle.  If you bought your phone from somewhere other than VzW, you also may incur an ETF from that entity.

The ETF should be in your final bill, which is mailed to the mailing address on file.

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Re: Early Termination Fees
tailynn
Enthusiast - Level 3

And if you don't pay you will end up in collections quickly and in write-off collectiosn with a credit score hit in 120 days. Experienced it in 2007

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