If you’re stuck in a Verizon device payment plan, there are a few ways to get out of it. You can either pay off the device in full, trade in the device for a new one, or return the device to Verizon. If you’re looking to pay off your device, you can make a one-time payment or set up a payment plan.
To make a one-time payment, you’ll need to log into your Verizon account and go to the My Devices page. From here, you’ll see your device payment balance and can make a payment. On the other hand, if you’re looking to set up a payment plan, you can go to the My Devices page and choose the gadget you like to pay off.
From there, you’ll be competent to pick a payment plan and schedule your payments. The following content will discuss how to get out of the Verizon device payment plan and all other necessary facts. So, let’s dive into the actual content!
How does the Verizon Device Payment Plan Works?
Verizon Device Payment Plan is a financing program that allows customers to purchase devices on a monthly payment plan. Customers can Trade-in their current device, purchase a new device outright, or finance a device through Verizon Device Payment Plan. The program offers customers the flexibility to upgrade their device after 24 months or keep their device and own it outright.
Besides, this Verizon device payment plan pay-off can protect your device from theft, loss, or accidental damage. The Verizon Device Payment Plan is a great way to get the latest and greatest smartphone without paying the full price upfront. Here’s how it works: you choose a phone and pay for it in installments per month.
The phone’s total cost is spread out over 24 months, and you’ll make your last payment when the phone is fully paid off. There’s no interest or added fees, so you’ll know precisely how much you’ll pay per month. Once you’ve made all your payments, the phone is yours to keep.
And if you decide to upgrade to a new phone before your 24 months are up, you can do so as long as you trade in your current phone and pay off any remaining balance on your device payment plan. With the Verizon Device Payment Plan, you can always have the latest and greatest phone without breaking the bank.
How To Get Out Of Verizon Device Payment Plan
If you’re looking to get out of your Verizon device payment plan, there are a few things you need to know. First, you’ll need to pay off the remaining balance on your device.
Once that’s done, you can cancel your service and return the device to Verizon. Keep in mind that you may be charged a restocking fee, so be sure to read the fine print before canceling your service.
You may be charged an earlier ending fee if you’re still under the agreement. However, if you’ve been a loyal customer for a long time, Verizon may be willing to waive this fee.
Procedure
If you assume the agreement but alter your mind within a month, you can move forward and compensate to get out of the Verizon device payment plan. To terminate, you need to get out of the contract.
Method 1: Cancel Within 30 days
You should return the gadget before dropping your gadget installment plan. To return a thing, you probably bought it from a Verizon-possessed retailer.
Method 2: Cancel your Verizon Mobile Number
One of the vital prerequisites to be qualified for a Verizon gadget installment plan is a functioning Verizon portable number. You can escape the Verizon gadget installment plan if you drop the number related to your Verizon account.
To drop your mobile number, you should:
Method 3: Complete Device Pay-off
If you want to escape the Verizon device payment plan, you can select to take care of the installment plan as in the course of action to stay away from the month-to-month charges.
Assuming you are monetarily ready to clear the bill without a moment’s delay, you can do as such. Monthly bills can be overpowering, assuming you neglect to make installments on time. To pay off,
Step 1: Go to the Verizon App
On your picked gadget, open the My Verizon application.
Step 2: Fill Out Your Account Details
Click on the Account tab. A secret word brief could show up. Assuming it does, input your secret phrase. Sign in and continue.
Step 3: Select the Pay-off Option
Once signed in, click ‘Pay off gadget’ for the fair portable number to be charged. Recall that you should clear any leftover equilibrium in full. After affirming the sum, look on the ‘Gadget Pay-off screen, audit and guarantee the data is right, then look to the base and tap Continue.
Step 4: Select Payment Method
After choosing the ‘take care of choice, a ‘you’re completely up to speed’ screen will appear. Select ‘installment type’ and tap ‘proceed.’ If you might want to change installment techniques, swipe left or right or tap ‘add or alter installment strategies’ where material.
Step 5: Approve your Payment
Once you select your installment strategy, you will see an ‘If it’s not too much trouble, approve your CVC brief on your screen. Approve the confirmation code and tap Continue. You will then see the ‘complete your result’ screen. Audit the data one final time and afterward, look down and tap ‘complete result.’
A screen with ‘well done, your gadget has been paid off’ will show up. Click ‘got it,’ and you are currently out of your Verizon gadget installment plan. If you are a low income senior or a retired personnel, then you can check out Verizon Wireless discounts for retirees, or Verizon internet for low income families instead.
FAQ About Verizon Device Payment Plan
Can you pay off Verizon device payments early?
Yes, you can pay off your Verizon device payment plan early. There is no detriment for doing so, and you will save on interest charges. Check with Verizon to see if there is a prepayment fee.
How do I find my Verizon device payment agreement?
To find your Verizon device payment agreement, log in to your My Verizon account and select the “My Bill” tab. From there, you will be able to view and print your agreement.
Does Verizon still do 24-month financing?
Yes, they offer a Verizon 30 month payment plan for select devices. Check with Verizon to see if the device you’re interested in is eligible for this type of financing.
Final Verdict
Sometimes, the inescapable occurs, and you have to figure out how to get out of the Verizon device payment plan. Fortunately, the above strategies shed more light and assist you in getting out before it’s too late.
Give their customer service team a call to learn more about how to get out of your Verizon device payment plan. They’ll be able to walk you through the process and answer any questions you may have.
