Getting Out of Contracts

Whether you’re looking for a new cellphone, automobile or cable service you’re going to be offered a contract. Of course, this is the service providers way of keeping you around to recover any costs associated with aquiring you as their customer (advertising, discounts, “free” things).

So what do you do if you have to get out of one of these? A lot of sites have been popping up to help you pass your contract on to someone else who is looking for a contract like yours. Why would anyone do that? First, you probably did so ask yourself. Second, someone might want to take over your contract because…

It is often cheaper to take on an existing contract than to get a new one of your own.

If you want to get rid of your cellphone contract check out this site and this article. Most notably from that article, check out your terms of service when/if your provider changes them. Usually, you have the ability to terminate the contract at such a time. For getting out of your car lease, check out this site.

My advice, never sign a contract longer than 1 year… unless you’ve already been with that company for a number of years and know what to expect. In some cases, you can’t avoid a contract. When I signed up for Bell Sympatico (DSL) last year, they would only sign me up for a one year contract. Sometimes I wonder if it is the agent who makes up the rules, or if it is an actual policy. You should know that agents generally get a larger commision by selling you a longer contract.

Chad

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