Verizon Debunks Waived ETF Exploit for Fee Change
Looking to take advantage of a window that may have allowed you to get out of your contract before it expired without paying up? Guess again – Verizon’s not going to let that go over easily. This is in response to a story we reported on where Verizon was said to soon be increasing their monthly regulatory charge from $.13 to $.16. It’s expected to go down July 1st, but even Verizon didn’t 100% commit to saying that this was absolutely happening.
The folks at Consumerist took that opportunity to inform everyone of the change in hopes that people who wanted to cancel their contracts could do so without paying, but we’ve received word from our friends at Verizon that customers will not be able to avoid the early termination fee if they choose to void their contracts. This is possible because the change is not a material one. I know, I know – it hurts to get your hopes and dreams shot down, but “them’s the breaks”.