Phone Companies That Will Buy Out Contracts

Are you tired of being trapped in a contract with an unsatisfactory phone company? Have you found a better plan with a different provider but can`t switch due to an expensive cancellation fee? Fear not, as there are phone companies that will buy out your contract and save you from the shackles of your current agreement.

AT&T, Verizon, and T-Mobile are just a few of the major players in the mobile phone industry that offer contract buyout programs. These programs allow customers to switch to their service without worrying about paying off their existing contract with another provider. The companies will cover the cost of the cancellation fee and any remaining payments on the device, making it easier for customers to make the switch.

AT&T`s contract buyout program promises to cover up to $650 in fees per line in credit when a customer switches to them and trades in their old device. Verizon offers a similar program with up to $650 in bill credits for each line that a customer switches to their service. T-Mobile`s program offers to pay off up to $650 of a customer`s early termination fee (ETF) or remaining phone balance when they switch to their network.

Other phone companies that offer contract buyout programs include Sprint, US Cellular, and Cricket Wireless. These programs usually require customers to submit proof of their ETF or remaining device balance to receive the buyout credit.

It`s important to note that these programs usually come with terms and conditions. For example, customers may need to port their number to the new provider and purchase a new device. Additionally, the buyout credit may be spread out over several months in the form of bill credits.

If you`re considering switching to a different phone company, be sure to research their contract buyout program and read the terms and conditions carefully. These programs can be a great way to save money and escape a frustrating contract, but it`s important to understand the requirements and limitations.

In conclusion, if you`re stuck in a phone contract that no longer serves your needs, there are options available to help you break free. Phone companies such as AT&T, Verizon, T-Mobile, and others offer contract buyout programs that can cover the cost of your cancellation fee and remaining device payments. Take the time to research these programs and find the best option for your situation. Happy switching!