July 28, 2014

Verizon lays out device payment plan details

verizon

Verizon Wireless officially began their payment plan option yesterday, giving customers the ability to purchase and activate service on a full retail priced device and pay for it in monthly installments. If you have been wondering what the specifics are, Verizon let us know today on their blog:

  • Full retail priced smartphone or tablet eligibility price must be a minimum of $349.99.
  • Pay for the full retail priced smartphone or tablet in 12 payments.
  • Finance charge of $24, which is just $2 per installment.
  • Device Payment Plan customers can take advantage of Share Everything pricing and data sharing.
  • First payment, including $2 finance charge, due at time of purchase. Your next payment will appear on your next Verizon Wireless bill.
  • Feel free to pay off the full balance of your new full retail priced smartphone or tablet anytime you want.
  • Maximum of two open Installment Plans per customer, subject to credit approval.
  • $1000 combined Installment Plan balance limit per customer.

Let us know, is this option for you?

 

 

 

 

 

Source: Verizon Wireless