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.