Say no to Early Termination Fees!

Ely Rosenstock of "crastinate" has come up with a really clever approach to convincing Verizon Wireless that under the terms of his contract, he was entitled to cancel his plan without paying an early termination fee.

As he and others have pointed out, this tactic worked only after much perseverance and multiple converstaions with different Verizon reps. However, given that the average early termination fee (ETF) can run from $150-$250, your time could earn you $50-$250 an hour! (Depending on how long it takes you to argue your way out of the ETF).

When I saw this it occurred to me that Verizon legal will undoubtedly be revising their contract to close this "loophole" and other wireless providers may seek to do the same.

In any case, Mr. Rosenstock deserves credit for bis hard work and ingenuity!