Carrier Cutting and running on 2-year contract.... consequences?

Discussion in 'iPhone' started by rockitdog, Feb 9, 2016.

  1. rockitdog Suspended

    Joined:
    Mar 25, 2013
    #1
    I'm curious as to what would happen if you signed a 2 year contract and then immediately cut and run. I signed a 2 year deal w/ Verizon through Best Buy over the weekend. Aside from the Activation fee and ETF, what other charges would there be if I ported out to my previous carrier and didn't return the device?
     
  2. beernut macrumors 6502

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    Jan 13, 2016
    #2
    it'll affect your credit. in this life, you should not ruin 2 things -- your reputation and your credit.
     
  3. rockitdog thread starter Suspended

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    Mar 25, 2013
    #3
    How would it ruin my credit? If I paid the ETF right away why would I take a hit on my credit?
     
  4. DJLC macrumors 6502a

    DJLC

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    Location:
    Mooresville, NC
    #4
    If you pay all applicable ETFs and any other fees, I don't think you have anything to worry about.

    Were you to cut and run without paying ETFs, it would be a hit on your credit.
     
  5. beernut macrumors 6502

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    Jan 13, 2016
    #5
    ah, i misunderstood. i thought you were just outta there without making any further payments/fees.
     
  6. JackieInCo macrumors 601

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    Colorado
    #6
    Sell the phone and use that to pay off the ETF.
     
  7. Applejuiced macrumors Westmere

    Applejuiced

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    At the iPhone hacks section.
    #7
    You can go any time you want as long as you pay the etf and prorated charges of services that you used so far.
     
  8. rockitdog thread starter Suspended

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    Mar 25, 2013
    #8
    That makes sense! This is a straight up 2 year contract.
     
  9. Mlrollin91 macrumors G4

    Mlrollin91

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    #9
    You can't just sign up, pay ETF and then leave. You have to be with the provider for 'x' amount of days before you can cancel, otherwise you have to return the phone. I believe its 60 days, or 2 months of billed service. Then you can pay the ETF.

    Also know that if you leave Verizon, you can never again sign a two year contract with them. Only existing customers that have previously signed a 2 year contract can get a new 2 year contract and subsided phone.
     
  10. TheMacApple macrumors regular

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    Aug 20, 2015
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    Chicago
    #10
    Used to be you had 15 days for full refund except any charges you may have occurred? Did they stop this?
     
  11. maflynn Moderator

    maflynn

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    Boston
    #11
    Did you look at the fine print, you should be able to cancel the contract without any ETFs or issues, since you just signed it a couple of days ago. You'll of course need to return the phone
     
  12. heyyitssusan macrumors 65816

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    Feb 9, 2014
    #12
    ^This. You should be able to cancel within 14 days of signing up with no penalty. That's if things have changed, but I doubt it.
     
  13. rockitdog thread starter Suspended

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    Mar 25, 2013
    #13
    Here's the thing, I signed a 2 year deal through Best Buy on Sunday. Due to a few returns I did over the holidays I have been flagged for no returns on things for 90 days. I wasn't clear on what I needed to do to get out of my AT&T contract so I'm going back but I'm worried that Best Buy won't allow me to return my device so I may be stuck with it!
     
  14. noobinator macrumors 601

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    Los Angeles, CA
  15. rockitdog thread starter Suspended

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    Mar 25, 2013
    #15
    Thanks for the help :rolleyes:
     
  16. ecschwarz macrumors 6502a

    ecschwarz

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    Jun 28, 2010
    #16
    I think that might work a little differently since there's an associated contract/service, rather than just Best Buy selling you a product? (also, how many items did you return, if you don't mind me asking? I'm a little curious what the "limit" is) If not, you might want to find a corporate Verizon store and see if they can help. I'm not sure since Best Buy was acting as a Verizon-authorized dealer, but the corporate store might be able to at least explain the process for Verizon and what Best Buy should do if applicable.

    I've dealt with AT&T more, and I know that they typically do the "buyer's remorse" window for a few different scenarios. I paid off two phones early on our account (they were done with Next), and had to wait 2 weeks for that window to clear before they could be unlocked. Verizon might have something similar for new contracts.
     
  17. rockitdog thread starter Suspended

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    Mar 25, 2013
    #17
    Best Buy does not give any specifics about the returns, they say they use a 3rd party company called "Retail Advantage" that monitors returns and transactions for multiple companies, Home Depot is another that I know uses them. I returned 3 items in less than three months which is what I think triggers the warning.
     
  18. maflynn Moderator

    maflynn

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    #18
    Well you signed a contract and that contract I believe it has verbiage that states that you can get out of it within x number of days. I'd say that legal binding contract has precedence of store policy.

    At this point, can it really hurt if you go back there and return it?
     
  19. rockitdog thread starter Suspended

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    Mar 25, 2013
    #19
    I'm going to try, but am prepping myself for the worst case scenario.
     
  20. puma1552 macrumors 601

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    Nov 20, 2008
    #20
    So why did you buy it in the first place? Did you want to get a different model of iPhon with different LTE bands than what the ATT model offers or what?
     
  21. maflynn Moderator

    maflynn

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    #21
    Good luck, and hopefully it works out for you.
     
  22. rockitdog thread starter Suspended

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    Mar 25, 2013
    #22
    Sales guy at Best Buy gave me bad information about how my corp discount would work through VZW which made them much more attractive plus their "We'll pay you to switch" is very misleading too!
     
  23. Applejuiced macrumors Westmere

    Applejuiced

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    Apr 16, 2008
    Location:
    At the iPhone hacks section.
    #23
    Give them a call and let us know how it went.
    Verizon will be able to give you more details on what needs to be done and how.
     
  24. AustinIllini macrumors demi-god

    AustinIllini

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    Oct 20, 2011
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    Austin, USA
    #24
    OP, you have a number of options. Good luck, sir.
     
  25. lordofthereef macrumors G4

    lordofthereef

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    Nov 29, 2011
    Location:
    Boston, MA
    #25
    My wife is manager at Best Buy. Three items in three months shouldn't even alert anyone, unless those three items are identical high value (thousands of dollars) items. Another scenario would be using the store as a "rental service"; you buy a game controller, return it, buy another controller, return it, etc. in other words, you keep buying and returning the same/similar items back to back in order to avoid being stuck with the bill indefinitely.


    Not trying to argue or judge based on your returns, but I can say that returning three basic items shouldn't be causing you these issues and I felt that needed to be said so as not to mislead anyone stumbling across this thread.
     

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