Mobile contract cancellation

Ldylc on 17/10/2019 - 01:31
Last edited 17/10/2019 - 01:44

Hi,

I’m really new at this and I just have a question.

Say I’m looking at a mobile provider website for a mobile plan and found one that is $135 per month ($85 plan + $50 phone) for 24 month contract. If I go with the contract and ended up cancelling it after the first month, the CIS basically says that all I have to do is pay for the one month plan of $85 and the remaining cost of the device which is $50 x 24 months = $1,200. Is my understanding correct? Because if it is, it would be a very good deal for the phone! I’m sure that I’m missing something here because the mobile providers would have thought about this already. Can someone please enlighten me?

Edit: sorry I think I may have found the answer myself. The CIS said that the cost of the handset needs to be covered plus whatever credit that the mobile provider was going to cover for the handset.

Mobile

closed Comments

  • [Deactivated] on 17/10/2019 - 06:49

    No, lol.

  • jimbobaus on 17/10/2019 - 07:41

    Chances are if you are on a 24 month plan the phone is $50 per month but the carrier is giving you a discount.
    So the payout on the phone would be 24X $50 plus the discount the carrier was giving you.
    So if the phone is worth $1200 retail, you payout would be the RRP on the phone not the discounted monthly amount.

  • Moderatormoocher on 17/10/2019 - 08:58

    Commnenting closed as OP has his answer.

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