Breaking a Sprint contract can be a daunting and costly task. As a Sprint customer, you may be locked into a contract that you no longer want to be a part of. Whether you`re looking to switch carriers or simply want to end your service, there are fees and penalties associated with breaking a Sprint contract.
The cost to break a Sprint contract depends on several factors, including the length of your contract and the type of plan you have. In general, the longer your contract, the more expensive it will be to break it.
If you signed up for a two-year contract and want to cancel before the end of the term, you can expect to pay an early termination fee (ETF). The ETF for a two-year contract is typically $350 minus $10 for each full month of service completed. For example, if you cancel after 12 months of service, your ETF would be $230.
However, if you signed up for a lease agreement, the ETF is calculated differently. With a lease agreement, you are essentially renting your phone from Sprint. If you want to break the lease before the end of your term, you will have to pay the remaining balance of your lease agreement, plus any associated fees. The cost of breaking a lease can vary depending on the value of your phone and the length of your lease.
It`s important to note that Sprint offers a 14-day trial period for new customers. During this time, you can cancel your service without incurring any fees. However, after the 14-day period, you will be subject to the ETF or lease agreement terms.
If you are considering breaking your Sprint contract, it`s important to weigh the cost of the ETF or lease against the cost of remaining with Sprint until the end of your contract. If you are unhappy with your service or your device, it may be worth paying the fee to switch to a new carrier or upgrade your device.
In conclusion, the cost to break a Sprint contract varies depending on the type of contract and the length of the agreement. Whether you are looking to switch carriers or simply want to end your service, it`s important to weigh the cost of breaking your contract against the cost of remaining with Sprint. If you do decide to break your contract, be prepared to pay an ETF or the remaining balance of your lease agreement, plus any associated fees.