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May21
Cell Phone Fees

Getting out of a cell phone contract is a lot like breaking up with your spouse, messy and usually expensive.  High early termination fees have upset many customers who were unhappy with the service they received from a new cell phone carrier and decided to switch.  In response to public outcries and congressional pressure, the FCC is working with cell phone carriers to reduce these fees.

The FCC is working with the idea that the cellular industry would give consumers the up to 30 days to cancel service penalty free.  Some major carriers including Verizon Wireless and term%20fee.jpgAT&T already offer this, so they really aren’t giving up that much.

After that termination fees would be prorated depending on the length of the contract remaining,   In exchange, the cell phone carriers would be immune for lawsuits in state courts where they are currently involved in several class action lawsuits brought by angry customers. If approved by the FCC, the proposal also would eliminate the authority of states to regulate early termination fees.

 


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