Mooncatt
Ambassador
- Feb 23, 2011
- 11,106
- 874
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Re: Damn you verizon (possible throttling of future LTE for off contract unlimited uber-users)
They changed it. Originally it was a 24 month payment plan and 50% minimum paid to be able to trade in a phone purchased via Edge. Now it's 20 month payment plan (meaning higher monthly payments), and the 60% minimum. If you only do the minimums, you still hit the 60% mark at 1 year, same as under the original plan at 50%.
What I didn't like is you can't make a down payment to lower the monthly Edge charges (similar to financing a car). You can make a down payment, but all it does is get you to the 60% mark earlier.
When you pay off the phone (assuming you stay with it for 24 months), you own the phone and you are not obligated to continue on.
They changed it. Originally it was a 24 month payment plan and 50% minimum paid to be able to trade in a phone purchased via Edge. Now it's 20 month payment plan (meaning higher monthly payments), and the 60% minimum. If you only do the minimums, you still hit the 60% mark at 1 year, same as under the original plan at 50%.
What I didn't like is you can't make a down payment to lower the monthly Edge charges (similar to financing a car). You can make a down payment, but all it does is get you to the 60% mark earlier.