Interesting People mailing list archives
Re: Cancelling Nexus One triggers TWO "early termination fees"?
From: Dave Farber <dave () farber net>
Date: Tue, 12 Jan 2010 17:43:35 -0500
Begin forwarded message:
From: Wes Felter <wesley () felter org> Date: January 12, 2010 5:04:48 PM EST To: NNSquad <nnsquad () nnsquad org>Subject: [ NNSquad ] Re: Cancelling Nexus One triggers TWO "early termination fees"?
IMO it's time to treat subsidized phone agreements as what they really are -- loans. Sure, this gets into banking regulation, but shenanigans such as the Google/T-Mobile issue are exactly why those regulations were invented. At least with a loan (1) you know exactly how much you have left to repay and (2) you can get out of the loan by repaying the remaining principal (not more).Wes Felter [ When situations get this complex from a consumer/support standpoint, it tends to be a red flag that something may be amiss. Even if the underlying pricing is sound and justifiable, if the overall experience becomes needlessly complex nobody comes out ahead in the end. Whether formal loans are a better solution than the current framework I'll leave to the Econ wizards to ponder. It's interesting to note that (as I recall) in Califoria the cell phone industry didn't really take off until a prohibition against subsidized contracts was lifted. Prior to that, paying full price for cell phones up front kept most people out of the marketplace. -- Lauren Weinstein NNSquad Moderator ]
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Current thread:
- Cancelling Nexus One triggers TWO "early termination fees"? Dave Farber (Jan 12)
- <Possible follow-ups>
- Re: Cancelling Nexus One triggers TWO "early termination fees"? David Farber (Jan 12)
- Cancelling Nexus One triggers TWO "early termination fees"? Dave Farber (Jan 12)
- Re: Cancelling Nexus One triggers TWO "early termination fees"? Dave Farber (Jan 12)