Verizon confirms move to 12-month payments for devices with no contract ties
0. phoneArena 17 Apr 2013, 07:25 posted on
Verizon Wireless has just updated its smartphone purchase program making it look much more like T-Mobile’s Un-carrier initiative...
This is a discussion for a news. To read the whole news, click here
51. mettec (Posts: 13; Member since: 13 Dec 2011)
Here is the kicker in the installment plan. You have to have excellent credit to qualify. I believe it's above a credit score of 720 from what they do for the tablets on installents. The funny thing is not everyone has perfect credit and if you want a new phone without contract or before your 24 months are up then this plan is not going to work.
56. scsa852k (Posts: 328; Member since: 16 Oct 2012)
This is not like T-Mo's uncarrier plan AT ALL.
You just buy a phone or tablet at full price with 12-months installment WITH THE OUTRAGEOUS VERIZON PLAN PRICE AND NO UNLIMITED DATA.
AND FINANCE CHARGES??
63. jjnbbills12 (Posts: 18; Member since: 30 Dec 2011)
1. VZW should start with no finance charge but if any customers end up not paying then they should start doing it for everyone.
2. VZW should cost more than the others.
3. No one should get a discount on the phone. Everyone should have to go to the manufacturer for the devcie and deal with their cost.
4. If you do not like VZW then stop being a babies and do something about it. If they are the only ones that work in your area then you should be thanking them and complaining about the lack of coverage the others can't/wont provide you. If you still feel the need to complain then go without.
5. Love the thought of no contacts and no discounts. Puts a smile on my face.
64. ap1989 (Posts: 145; Member since: 12 Oct 2011)
so wat if u dont make payments for ur new phone do they repo it lol
65. kaintae (Posts: 62; Member since: 14 Dec 2011)
Credit/payment history check before you even think about it. That should weed out a lot of the ones who can't or won't pay for it after the initial installment. Payments are billed along with service. If you don't pay, you won't have service, and it eventually hits your credit
66. jjnbbills12 (Posts: 18; Member since: 30 Dec 2011)
They should press charges for stolen property. What would you do if you gave someone something to pay overtime and they did not pay you?
67. kaintae (Posts: 62; Member since: 14 Dec 2011)
They'll get their money when it goes to collections. The guy with the phone will see his credit score take a hit.
69. RHONMo (Posts: 1; Member since: 23 Apr 2013)
i just want to ask if i can use the verizon phone here in phillippines ?