Isn't VZW's 2-year requirement on Device Payment Plan essentially a 2-yr contract?
Some of Verizon's current Device Payment Plan promos require customers to keep the plan active for 24 months in order to receive the full value of the promo. For example, to get a $300 trade-in credit, you have to stay with them for 24 months because the entire $300 promo is divided into 24 equal account credits to be applied each month. If you leave, they claw the promo back and make the customer pay the difference. (making the promo useless)
Correct me if I'm wrong, doesn't that make the DPP essentially a 2-year contract just like in the old days?
Some of Verizon's current Device Payment Plan promos require customers to keep the plan active for 24 months in order to receive the full value of the promo. For example, to get a $300 trade-in credit, you have to stay with them for 24 months because the entire $300 promo is divided into 24 equal account credits to be applied each month. If you leave, they claw the promo back and make the customer pay the difference. (making the promo useless)
Correct me if I'm wrong, doesn't that make the DPP essentially a 2-year contract just like in the old days?