Verizon Wirless May Reduce Cancellation Fees on Cell Phone Contracts

Have You Ever Had to Escape Your Cell Phone Contract?


Cell phone contracts are the dull and sometimes deal-breaking side to scoring a new, exciting phone when you want to change carriers or phones. I've heard from a lot of people who would buy an iPhone, for example, but are stuck in a contract and don't want to deal with an expensive fee to jump ship.

Verizon Wireless is considering reducing these early cancellation charges, amidst complaints of customers and Congress, which is, obviously, a step in the right direction (and a big source of relief for cell phone users!). I've never had to get out of a contract though, and am glad for being able to avoid that hassle. But what about you?

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