Slashdot Mirror
Dumping ISP May Cost Customers $150
Dumpling$9 writes with a link to an article that seems to speak volumes about the modern consumer relationship with service providers. IBT reports on the outrageous fees facing users who drop their internet service contracts before they are up. "Pricing broadband competition can be difficult. Broadband is rarely priced as a stand-alone service. Whether offered by a telephone company or a cable company, it is usually bundled with other services such as voice and video. The advantage to the customer is easier billing and usually a price break. But the down side is if they drop one of the services to pursue a better deal elsewhere, they lose the discount ... It remains to be seen whether penalties for Internet customers will cut down on churn. Consumers Union in its annual cell phone survey found that nearly half of all cell phone subscribers who were considering switching carriers were deterred from doing so because of early termination penalties."
Maybe you could ask Edwards, Kerry or Pelosi for some cash. But then they didn't get filthy rich giving away the monies they work so hard to take from others. Good Luck!
I regularly carry a balance on my credit card and avoid using it in the ATM but one time had to. I have a few thousand on the card at ~10% -- the ATM amount was about $100 at ~%24 -- the issue that BoA is pulling is that my payments are applied to the main balance first (the lower percentage rate) then the ATM amount if the main balance ever gets paid off (higher percentage rate) -- there should be a law where the higher percentage rate balance on an account gets paid off first!