Some pretty cool news from Daily Cell Phones:
There have been some changes to Verizon's Edge program. Basically, this is a program where Verizon customers can pay for their phone over time and have it added to their monthly bill. Can't afford to pay the full price for a fancy smartphone? OK, you can add to your monthly payment for the next 2 years. One of the catches was that customers had to turn in their phone when they upgraded. It was like renting a phone more than buying one. But the new changes in the upgrade process also bring about this:
"Under the old agreement, Verizon Edge customers also had to turn in their phone if they upgraded after paying 75% of it off; on the new Edge plan, customers can keep their old phone or they have the option to recycle it for an account credit or donate it"
So, this Verizon Edge change might have an effect on the used cell phone market, as consumers will be allowed to sell their phones privately now.
Hat tip: http://comparecellphoneplansinfo.blogspot.com/2015/06/verizon-edge-and-att-next-change.html
