Cell Phone Plan Shopping

Tuesday, June 2, 2015

Verizon Edge and ATT Next Change Upgrade Terms and Payoff Options for Customers

In case you don't know, most major cell phone providers now offer the option to pay off the price of your phone overtime. While in days past, it was common to get a penny phone or free phone with a 2-year agreement, the advent of premium smartphones has caused the demand for expensive wireless phones to rise. Now it is not unusual for a popular smartphone to cost $300-600, even with a 2 year contract.

Carriers such as Verizon Wireless and AT&T began offering plans that would allow an expensive phone to be paid off over time, as well as change the traditional terms of the contract agreement. With phone prices now bundled in with the monthly service fees, the terms for upgrading phones have also changed. A few days ago, these stories via Daily Cell Phones Blog came out about changes in terms for Verizon Edge customer upgrades.

Now, via the same source it appears AT&T is making some changes to it's comparable "AT&T Next" program.

Quote:
"Under this new AT&T Next option, customers can pay 30% down at the time of purchase and finance the rest over a period of 28 months. The big factor that may make this plan attractive to many is that the customer can upgrade to a new device after only 12 payments on their device – hence this option will be known as “AT&T Next 12 with Down Payment.”

What do you think of these changes and cell phone plans that allow paying the phone over time in general?

No comments:

2008-2013 Compare cell phone plans