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Cancellation Fees

If you do sign up for a multi-year contract with a major carrier, be aware of the costs for terminating the contract early. AT&T may charge you up to $325 for cancelling a smartphone data plan before your time is up.

Make sure to locate the early termination fee clause before signing a new contract, and consider how much it might cost you to change your mind.

All of these considerations may seem incredibly trivial when weighed against the allure of a shiny new iPhone, but taking a few minutes to understand your new mobile contract may save you some surprises later on.

For more information, visit www.Findlaw.com.

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