Wednesday, June 29, 2011

Unhappy With Verizon? Now May Be Your Chance To Leave Them

The Consumerist writes today that a small $.03 increase in a regulatory fee that Verizon plans to implement on July 1st could be your chance to get out of your contract with Verizon without being charged their "early termination fee" which could save you up to $350 per line.

They claim that the fee increase from $.13 to $.16 falls under the "materially adverse change of contract" clause in the agreement you signed the last time you renewed.

From Verizon's customer agreement:

Can Verizon Wireless Change This Agreement or My Service?

We may change prices or any other term of your Service or this agreement at any time,but we'll provide notice first, including written notice if you have Postpay Service. If you use your Service after the change takes effect, that means you're accepting the change. If you're a Postpay customer and a change to your Plan or this agreement has a material adverse effect on you, you can cancel the line of Service that has been affected within 60 days of receiving the notice with no early termination fee.
Now I am guessing there will not be many takers here in South Dakota as our choices for a Verizon replacement aren't the greatest but if you have been looking to leave, this may be your chance as long as you act within 60 days of the fee implementation. The post over at the Consumerist has all the details as well as some helpful stories from those using similar situations to terminate their contracts early.

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