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Bill Targets Smart Phone Early Termination Fees
Minnesota’s Amy Klobuchar follows up on her threat to Verizon to file legislation over the company’s decision to double the penalty fees to $350 for smart phone subscribers who leave their contracts early.
– Four U.S. senators, led by Minnesota’s Amy Klobuchar (D-MN),
introduced legislation Dec. 3 to set limits on ETF’s (early termination
fees). The bill follows a Nov. 10 letter Klobuchar wrote to Verizon Wireless President
and CEO Lowell C. McAdam, criticizing the companys decision to double
ETFs f…
Startup News & Technology | Bill Targets Smart Phone Early Termination Fees
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John, nice article. I wanted to respond by addressing, in particular, those people who are facing ETFs because their wireless service was too expensive so they had to end their contracts prematurely. For these people, avoid both the ETFs and the expensive plans by seriously cutting your wireless costs; an intuitive but often realistically tough proposition. However, I work in the consumer advocacy division of the Houston-based company Validas, where we electronically audit and subsequently reduce the average cell bill by 22 percent through our website, http://www.fixmycellbill.com (and I’ll add that 22 percent equates to over $450 per year for the average user).
You can find out for free if fixmycellbill.com can modify your plan to better suit your individual needs by going to the website. Check out Validas in the media, most recently on Fox News at http://www.myfoxtampabay.com/dpp/consumer/conlaw/lower_cell_phone_bills_072409 .
Good luck to everyone reading on retaking control over your wireless expenses and potentially freeing up some extra cash this holiday season.
Dylan
Consumer Advocacy, Fixmycellbill.com