Or you pay it off simply (and thus own the phone), in which case it's essentially an interest free financing which isn't a rip off at all.Solar. Edge is a huge ripoff. You're basically renting a phone.
Or you pay it off simply (and thus own the phone), in which case it's essentially an interest free financing which isn't a rip off at all.Solar. Edge is a huge ripoff. You're basically renting a phone.
Solar. Edge is a huge ripoff. You're basically renting a phone.
Why is it a rip off? You pay a monthly fee for the phone and in 20 months it's yours for about the same price that your would have paid up front in the beginning. And if you want to do it earlier you pay off the remainder whenever and it's yours. So it's pretty much the same as buying it out right except you make smaller monthly payments (without interest) and can pay it off anytime essentially. Am I missing something here?I concur, it is a ripoff, I tried it and found that I did not want to pay an extra 12 bucks a month. True they make it financially appealing, but in the end, you're renting the phone. Its geared to people who want to switch a lot, which is not me.
First you can be in contract for all kinds of reasons and can get on one at any time for different reasons. Like you can call in for some promotion of $10/month off and that requires being on a 1 year contract, and suddenly you are on contract.
Second, what VZW talks about doing is actually throttling only on congested cells and only when they are congested. Nothing about doing it for the rest of the cycle, which is what AT&T apparently does. Seems less "draconian" actually.
ok, explain this to me. VZW stopped selling unlimited plans on June 30th in 2012, before the iPhone 5 came out. Then after that date if you used a subsidized upgrade you were forced onto a mobile share plan.
Does VZW have plans that are longer then 2 years? Because the only way I can see someone still being in contract on an unlimited plan is if they signed a 3yr plan before the cut off date.
You said you have a iphone5 that you paid full price for to avoid losing your unlimited. Which would mean that at best, you bought a different phone on June 30th in 2012 on a 2yr contract. Then in Sept you bought a full price iPhone 5 and did and ESN swap which did NOT extend your contract. So your contract end date would be 2 years after 6/30/12, in other words, you contract is over on 6/30/14. Which would mean you and everyone else (except those that used the loophole on the website 18ish months ago) would not still be in contract come 10/01/14. Meaning you are subject to throttling....
And VZW throttling seems to be more draconian then ATT. VZW said you are throttled if you are in the top 5% (over 4.7 gb) and the tower you are on gets busy. Then you are throttled on every tower across the VZW network through the end of the billing month and then throttle for the entire next billing month. Only being unthrottled after not being in the top 5% anymore.
ATT is basic, over 5GB in a month, throttled until end of billing cycle.
So explain to me how you are still in contract? and won't get throttled?
Sorry, not trying to be antagonistic, but my brother is in the same exact situation. Bought a phone in June'12 to avoid loosing unlimited. And now will be throttled so he is just switching to edge when the iPhone 6 comes out.
It would not.
got in thru the loophole last year. 2 yr contract, 200$ iPhone and unlimited data. damn detective lol.
This was in reference to data getting slower. Of course it will get slower if too many people are using it. All data pipes have a limit. No different than the interstate. When it is full, it gets slower.
Hard to believe somebody thinks internet data does not get congested.