Canceling Verizon Service

[fre3way]

I am thinking about signing up for a verizon wireless plan. I want to get the iphone 5s but I've heard from some people that service tends to be slow at times. If I get the phone on contract and suppose I don't end up liking it so I cancel it. I know I'll have to pay the early termination charges. I have no problem paying those but will my credit score be affected or anything negative result from this?

 

[Apple Trees]

No credit issues as long as you pay the ETF in a timely manner.

 

[JayLenochiniMac]

You can also return the phone without ETF.

 

[Diseal3]

You have 14 days to trial service and return the phone and cancel within that time period for no ETF. After that you need to pay the ETF but get to keep the equipment.

 

[I7guy]

You have 14 days to trial service and return the phone and cancel within that time period for no ETF. After that you need to pay the ETF but get to keep the equipment.

No ETF but there is a restocking fee. I know first hand.

 

[takeshi74]

I know I'll have to pay the early termination charges. I have no problem paying those but will my credit score be affected or anything negative result from this?

Nope. Canceling and paying the ETF has nothing to do with your credit score.
http://www.myfico.com/crediteducation/whatsinyourscore.aspx

 

[blarivee]

There's no restocking fee if you buy/sign up for a contract from Apple.