Cellphone carriers have you coming and going. Once one has you in its clutches, it takes more than a superhero to free you. It takes cash and a lot if it.
There once was a time, back in the good old days, when it was much easier to deal with cellphone companies, and leave them.
They sold you a two-year plan and gave you a phone. For free! If you wanted the top-of-the-line phone, then you’d pay a little up front, anywhere from a few dollars to $150 or so. Easy peasy. The phone was yours and you were theirs for two years.
Once the two year contract ended, you could either get a new FREE phone with another two year contract or you could bail for a carrier that had a better deal.
This kept carriers honest. They had to give out decent phones for FREE or give other incentives to lure in new customers and all was right with the world.
Then one of them got the idea that if they could sell the phones on the installment plan, they could keep customers locked in while making the customers think this was a better deal. “See? We dont have two year contracts any more, you can leave any time. Just pay off your phone.”
And that was the catch. Because the phones, which we once got for a mere $150, now cost in the neighborhood of $700 or $800 or more.
And if you have a family plan with four or more phones, guess what? That buyout can end up costing you quite a bit of cash out of pocket. Add up the remaining phone balances plus your final bill (which can be two months worth depending on when you leave), and you find you have to plunk down $1500 or so to leave them.
And that was their evil plan. Hold customers hostage.
Until smaller companies questioned, “How can we get customers away from the Big 3?” That’s when they came up with their buyout plans. “Come to us and we’ll buyout your contract!”
Which sounds great on paper, until you go and talk to them and find out they don’t pay you in cash, they pay you in credits.
In other words, if you think you’ll borrow money earmarked for your mortgage payment that month to pay off your cellphone contract with the Evil Empire in the hope that your new friendly Rebel Alliance cellphone company was going to give you cash back to pay for your house, you’ve got another think coming.
Those Rebel Alliance credits are only good for buying Rebel Alliance stuff, like to pay for your new phones, thus reducing your monthly bill or to pay your bill off for several months, so you can be bill free for a while.
Neither of which are truly bad if you can afford the initial buyout of the Evil Empire. If you can’t, you’re shit out of luck.
However, if you do manage to scrap together the extortion fee to pay off the Evil Empire, then it is possible to move to a new, more affordable cellphone carrier.
Which is what we finally were able to do. After being held hostage by Verizon Wireless for over 10 years, having to pay $350 a month, we left them for US Cellular where we’re already saving over $100 a month, and once we get our buyout credits, that price will drop even more.
Can you hear me now?
Tomorrow’s blog will talk about how good it feels to be rid of my Samsung Galaxy S7 Edge.