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T-Mobile Raises Rates, Opens Loophole
Thinking about switching from T-Mobile to another wireless carrier? Here’s your chance. According to Consumerist, T-Mobile has announced that they’ll be raising their text-message rates to 20 cents per text, up from 15 cents. On the one hand, this is lousy, but there is a silver lining: T-Mobile’s price increase means you to end your contract without being charged an ETF (early termination fee).
Reason? Five magic words: Materially adverse change of contract.
This clause differs for each company. For T-Mobile, the rules are this: If there any changes in the contract are materially adverse (aka financially harmful to you) you can cancel your contract without paying a fee.
Not everyone is qualified, though. If you have an unlimited texting plan, or a deal for a certain amount of texts (400 texts for $4.99/month), then the raise in texting rates don’t apply to you and you’re stuck with T-Mobile until your contract runs out.
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Time to switch!
Wow this article is very inciteful. I’ve recently signed up for a family plan with T-Mobile. I chose not to add unlimited text to my plan and now I am glad that I did! Thanks Filife! =D