AT&T to Start Prorated Cancellation Fees Sunday
The wireless industry is beginning to change for the better! As of Sunday, May 25, AT&T will be offering pro-rated cancellation fees. This means that the further you are through your contract, the less you have to pay to get out of it.
Here's how it works: for each month of the contract you have gone through, $5 is subtracted from the Cancellation Fee. So if you are one year through your two year contract, you only pay $115 per line to get out. With 6 months left, it costs $85 to get out.
This is great news for wireless customers, since most people do not like being bound in contracts at all; this is certainly a step in the right direction!
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