Here's another little tidbit of info about u.s. cellular that people should know before financing a phone. If you change to shared data and finance the phone, not only are you held to the installments in the phone, you're also held to an early termination fee as well. A little food for thought if you want to cancel a line
It's six of one, half dozen of the other. You pay off your phone and it'll run about $300 to $400 dollars. You pay off your break fee and you'll pay $350. It all works out about the same whether you do device financing or ETF. The only difference I noticed is the retail prices of phones went way down when they began offering device financing. There was an LG flip phone that retailed for $150 when they offered ETF, but dropped down to $50 retail when they offered device financing. Shows how much they were marking up phones prior to device financing.
Under the old ETF system, when a person walked out the door buying a subsidized phone, most of the time the company had broke even with the cost of the phone by the time you left. You bu... (continues)