Verizon updates its ETF policy, now it will be a bit more expensive to duck out of a contract

America’s largest wireless carrier has made some significant changes to its early termination fee schedule, which is now in effect.



Under the old schedule, the initial early termination fee of $350 would be reduced by $10 per-month as a two-year contract progressed. Under the new schedule, the ETF remains at $350 for the first seven months of the two-year contract period.



Starting at the eighth month, and through the 18-month mark, the ETF will reduce by $10 per-month. Beginning on month 19, and through month 23, the fee is reduced by $20 per-month. This effectively increases the ...



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