- 11-02-2009, 01:34 PM #1Newbie
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Hello!
let's say I bought a phone from AT&T with 2yr contract and will stop payments for it after a month. what will happen here?
thanks!
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- 11-02-2009, 02:02 PM #2
- 11-02-2009, 02:04 PM #3Newbie
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- 11-02-2009, 08:30 PM #4
Re: what will happen if i stop payments for contract?
Avenger is right.
They can send the entire amount of the contract, pro-rated, to a collection agency to collect the money they would have gotten from you over those two years.
Better off just paying the early termination fee and be done with it.
- 11-03-2009, 09:49 AM #5Newbie
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- 11-03-2009, 10:24 AM #6
Re: what will happen if i stop payments for contract?
It varies, but it's usually between $150 and $300.
For AT&T, it looks like it's about $175
PLAN TERMS | AT&T
- 11-03-2009, 12:40 PM #7Newbie
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Re: what will happen if i stop payments for contract?
Thanks, got it. But if I will but an iPhone with contract - do I need to return it if I terminate contract earlier? What if I will not return it?
- 11-05-2009, 08:55 AM #8
Re: what will happen if i stop payments for contract?
I don't think so. They usually don't want the equipment back, that's the most part of the money they want for the contract, to cover the equipment.
It may run a bit more for the iPhone termination, because the phone is more expensive.
Another way you may be able to get around the fee, or a reduced fee, tell them that you just got a new job, and you are moving to an area where AT&T doesn't have coverage.where you are going to move
AT&T Coverage Viewer
Check here to find dead spots. Not saying it's going to work, but hell, it's worth a shot!
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