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Old 12-09-2013, 08:23 PM   #1
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Default Need iPhone Advice

Neighbor stopped by today and told me she lost her job last month and can't afford to keep her Verizon iPhone monthly contract because as of next month she can't make the monthly payment.

I don't have Verizon myself but I told her that I'd ask around on whether or not she can sell her phone straight out.

It's a white 4S, 16G (I think that's what she said?) and it is in pristine condition with a screen protector and in a plastic case.

I also need to know if she can switch her phone out to a prepaid account and if she can then can I just buy her a prepaid card like a Tracfone card with so many minutes loaded into it?

Thanks for any and all advice

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Old 12-09-2013, 08:52 PM   #2
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I'd call Verizon... I'd bet if you are willing to sign a 2 year contract they would let her out of her contract.

If she simply says "I will stop paying next month..." and you say "I'll take a 2 year contract", they will play ball.

Can't hurt to call and ask. Or stop by a Verizon store together.

Always buy rope with cash...
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Old 12-09-2013, 09:35 PM   #3
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Yea, she can sell it. To cancel her contract she'd have to pay the early termination fee minus the monthly prorated deduction. She could just sell the phone, buy a regular verizon phone on craigslist and keep verizon on contract. That would keep her from having to cough up the termination fee.
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Old 12-09-2013, 11:09 PM   #4
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It all depends on if she is currently in a contract. If yes I'd recommend that she go to Walmart buy one of the $15 prepaid phones and have the service transferred to that phone. Hopefully that will take the ESN of the Iphone off the contract account. Then she can take the I-phone to one of the prepaid plans.

The one I have my wife on is $30 per month for 1200 min, 3000 texts, and 500 MB of data and uses Verizon towers.
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