Verizon To Only Offer 3-Year Payment Contracts
Newsy
Starting Feb. 9, customers will only have two options: pay for their smartphone in full or over 36 months.
Verizon is switching to just two options for customers when it comes to buying a new smartphone.
The phone can be purchased outright, or the cost can be spread out using a payment plan over a 36-month period. There is no other option or shorter contract terms available anymore.
Previously, Verizon offered 24-month or 30-month payment options. Users still have the option to pay off the remaining balance of their device at any time.
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