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stuck in this contract!!!?
so im still stuck in a leasing contract with sprint for 2 phones both galaxies s9's bill is like 250 per month!! insane right? so i wanted to cancel but they want us to pay out 535.00 for both phones when they were advertised for a buy 1 get 1 deal... pretty much screwed us right... how bad would it affect my credit if i just canceled and didnt pay anything?
1 Answer
- ?Lv 73 years ago
Honestly, what do you expect? You bought 2 top of the line phones that retail for close to $1k each. And I'm sure you've got the all you can eat plan with bells and whistles added to.
So yes, you've entered into a contract that will cover the monthly fee + payments on the two phones. If you don't honor the contract, you don't get that 2nd phone for free.
If you do not pay, they will stop service, and then yes they will ding your credit report. You will have 2 or 3 months where no payment is recorded and then an unsatisfied debt is owed. That could knock your FICO down by 100 points.
My advice is to end the service, pay the $535, and then take those phones to another provider and sign up with them, if you can get the phones unlocked.