Category: shopping

Proposal May Cap Cancellation Fees On Cell Phone Contracts.

Interesting stuff here…The government is quietly negotiating to help cell phone customers avoid expensive fees when they cancel contracts with wireless companies, as the Federal Communications Commission is considering a plan that would cap cancellation fees for cell phones. Finally!

Cell phone companies routinely charge customers $175 or more for quitting their service early. Under a proposal to the Federal Communications Commission, the wireless industry would give consumers the opportunity to cancel service without any penalty for up to 30 days after they sign a cell phone contract or until 10 days after they receive their first bill. The proposal also would cap such fees and reduce them month by month over the course of a contract based on how long customers have left, according to people familiar with the offer speaking on condition of anonymity because the FCC has not accepted it. The plan would not abolish cancellation fees entirely.

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