I am under a Cingular family plan with my wife, and we're approximately half-way through a two-year contract. Our account is currently in good standing, but it is becoming much more expensive than I can justify, especially with my usage (or lack thereof).
I'm considering cancelling the service by choice. If we pay a cancellation fee, will it adversely affect our credit scores?
2006-11-28 15:56:17 · 10 answers · asked by the_bald_one_mpls 2 in Consumer Electronics ➔ Cell Phones & Plans
It doesn't. If you under contract, they charge you a cancellation amount, and it doesn't affect your credit. There's no law that allows a company to penalize your credit for cancellation, but, make sure that all dues are paid.
Usually after cancellation, they come up with hidden charges -- Resolve or pay them to avoid credit hassles.
2006-11-28 16:05:44 · answer #1 · answered by Kaizer Soze 2 · 0⤊ 0⤋
No way. If you pay your account balance in it's entirety and your termination fees (if there are any), then the credit score that Cingular has on file will stay the same.
2006-11-28 17:28:41 · answer #2 · answered by Arf 4 · 0⤊ 0⤋
It should not affect your credit score as long as you are paying your bills and the cancellation fee, since you are just terminating a contract early and paying the disclosed fees.
2006-11-28 16:06:34 · answer #3 · answered by Tim M 2 · 0⤊ 0⤋
i don't believe so, because you will be abiding by the company's rules by paying the fee. I would only be woried if you just chose to stop paying. As long as you go through th proper channels it should be fine. I understand your worry though- i almost had my credit ruined by a library book that i had returned and the library sent out to a different library by mistake! The credit system is a way for the gov. to keep us enslved to our debtors- too bad most of us need it, huh?
2006-11-28 16:01:51 · answer #4 · answered by C.C. 2 · 0⤊ 0⤋
in case you do not pay the bill and in simple terms enable it move it's going to make your credit status drop. also the cost will collect because the months move with the help of so even if that's actually 172.00 good...it ought to nicely be $three hundred in countless months, not absolutely that yet they are going to call your position telephone (in the experience that they have got it) until eventually you pay. you receives notices in mail. the absolutely thanks to flee paying this bill without talking to a shopper representative is filing financial ruin..then all expenditures will be dropped. also in case you talked to a shopper representative on the phone attempt getting into individual to the corporation and next time get the persons call so that you'll be able to record them for being rude.
2016-11-27 20:22:33 · answer #5 · answered by ciprian 4 · 0⤊ 0⤋
no. if it hasn't been two years, then you have to pay $150 to cancel the plan.
2006-11-28 16:06:28 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Not unless you owe the cell phone company money.
2006-11-28 16:04:18 · answer #7 · answered by Joan of Fremont 3 · 0⤊ 0⤋
no it is only a cancellation. mayby if you had a contract but i think you had to pay for the contract
2006-11-28 16:00:30 · answer #8 · answered by isaelmoguel 2 · 0⤊ 0⤋
i told you baldman that it wouldnt effect credit. but no you wouldnt listen to me you had to write a silly question like this. but neways i love you.
2006-11-28 16:59:14 · answer #9 · answered by emmabugg 5 · 0⤊ 0⤋
No it won't as long you pay everything you owe.
2006-11-28 16:07:35 · answer #10 · answered by Anonymous · 0⤊ 0⤋