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AT&T Mobility Dumps Flat Early Termination Fees

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Is this a true prorate?

sangyup81

Oct 16, 2007, 9:07 AM
And I'm not talking about the $5 a month crap that VZW is doing that supposed to be so great. A true prorate will be

(months done/total months in contract)*ETF

not ETF-(months done * $5)
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gozvzw

Oct 16, 2007, 9:15 AM
Is it not good enough that a company at least has the prorate? Why do you have to b!tch that it is not exactly what you would want it to be? $5 off the ETF for every completed month is not bad at all it is better then paying the full $175 which most carriers do and they have higher a higher ETF. To be a "true" prorate like you said it figures out to $7 a month, a whole $2 difference, wow that seems like something to cry about.
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mikus187

Oct 16, 2007, 9:22 AM
$7 a month isn't bad compared to the $250 that AT&T was charging (here in colorado). Awesome deal.
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dublea

Oct 16, 2007, 9:32 AM
If you really want to be exact (aka anal) it would be 7.29/month. 🤣
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gozvzw

Oct 16, 2007, 9:35 AM
Yeah I saw that, thought I would not be super anal today.
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dublea

Oct 16, 2007, 10:37 AM
ROFL, don't you just love being in that Smartasstic mood! Sometimes its the only thing I can do to smile =P
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sangyup81

Oct 16, 2007, 9:56 AM
because it's bullsh*t and you should be able to see that unless your fanboyism is blinding you
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dublea

Oct 16, 2007, 9:26 AM
No it should be like this:

Total months left in contract(ETF/Total months of contract)

Example:
Customer has signed a 2yr agreement, has been in contract for 13 months, and Service Provider charges a total 175 ETF.

11(175/24)=$80.21

With yours, it would look like this

175(13/24)=$94.79

(after typing all of this, I see that the only thing that would need to change in your math is to charge how long they where at in their contract to how many months were left. LoL)
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sangyup81

Oct 16, 2007, 9:57 AM
i see it
looks like i need a coffee this morning
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SystemShock

Oct 16, 2007, 9:37 AM
sangyup81 said:
And I'm not talking about the $5 a month crap that VZW is doing that supposed to be so great. A true prorate will be

(months done/total months in contract)*ETF

not ETF-(months done * $5)

I agree that that would be better, but its hard to cry much about VZW's prorate considering that most carriers don't prorate at all, and give you a 'like it or lump it' flat ETF. 😲

My guess is ATT's prorate will be pretty similar to VZW's, but we'll see.
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sangyup81

Oct 16, 2007, 9:58 AM
yeah it's not a big deal but it's really funny how riled up i got the VZW fanboys =P
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cilvzwagent

Oct 16, 2007, 9:50 AM
It could be worse! They could require you to pay in full the remainder of your contract at the rate you signed up for!!!!!

IE.. Say you have 6 months left in your contract and you want to bail.

$39.99 x 6 = $239.94

I'll take the $85 pro-rated ETF from Verizon for the remaining 6 months, please! 😎

A lot of lenders require you to pay eary pay off penalties. Phones could be the same way people!
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sangyup81

Oct 16, 2007, 10:01 AM
actually where this is messed up is for those really paranoid customers you get once in a while that sign a 12 month contract instead of a 24 month

so after 6 months, with VZW you'd get an ETF of $145 where if you were using a true prorate, you'd get $87.50

my only issue is if at&t doesn't use a true prorate after calling it a "prorate"
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