The Phone You're Paying For But Not Getting
Need More Regulations
I want to commend Phone Scoop for bringing this issue to the front again. While we purchase phones, most tech geeks are aware of the shady practice. However, most consumers are not. They don't generally read the print of regular price. They only see what they are paying out the door. I have said for many years that this is a scam. Yes, I understand the price to offset the subsidy, but as stated in the article, the end of contract bill should reflect a satisfied pay down on the phone and forego the 20 dollar charge. Otherwise, we are still paying for a paid off product.
Regulations need to be implemented to protect the consumer. We have regulations for gas and electric. We should have regulations for wireless phone service. It is a form of the utility industry and it is getting more and more expensive to maintain communication without having to double dip pay. Imagine the millions upon millions of dollars made from already paid for phones.
Thanks Rich for taking the time to point everyone in a direction that people need to really keep their eyes open to this and voice their concerns. Concerns should be made to the carriers when contract is up, and voice this concern to local politicians.
- Re: Need More Regulations by Rusty Shackleford