Verizon Now Requires Edge Customers to Pay Off Phone
May 26, 2015, 2:22 PM by Eric M. Zeman
Verizon Wireless today announced a change to its Edge equipment installment plans. Beginning May 31, Edge customers will need to pay off their device in full before they they can upgrade to a new phone. As always, customers can initiate an Edge payment plan with no money down followed by 24 equal payments to cover the full retail cost of the phone. Customers will be able to upgrade at any time once the device is paid off, and they'll be able to keep the phone. Before this week's change customers were able to upgrade after they paid off just 75% of their old phone, but they had to wait at least 30 days from the time of purchase and had to turn in the old phone. Verizon says customers may donate or recycle their old phone for credit towards a new device if they wish. Edge installment plans are available to Verizon's post- and pre-paid service plans.
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First they change it to 75% and now this. I see a lot of people leaving because of this, i know i personally have.
2-Year Contract, Discount Pricing on Device, $10 more in plan costs per month. Upgrade new device at 22 Months. Pay $300 ETF
2-Year EDGE, No discount pricing on device. $10 less in plan costs per month. Upgrade new device at 24 months.
but yes definately see Sprint and T-mobile growing
-Common Sense 101