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<blockquote data-quote="casper97ta" data-source="post: 3621943" data-attributes="member: 569292"><p>I wasnt going to go into the details completely about the billing process. Before my current position I worked in telecommunications for 6 years. I have worked for ATT, cellular one, alltel, verizon, and cingular. The reason for the cancellation fee if you break your contract is to make up for the price of the phone, but if you stay in contract for the 2 years they will make the money anyway for the cost of the phone. The reason they run your credit is because the cell companies are extending an open line of credit, basically to a customer. Meaning, A person can run up a $4000 bill and the cell companies have no collateral or way to get the money back if the customer doesnt pay. Thats why the credit check is needed.</p></blockquote><p></p>
[QUOTE="casper97ta, post: 3621943, member: 569292"] I wasnt going to go into the details completely about the billing process. Before my current position I worked in telecommunications for 6 years. I have worked for ATT, cellular one, alltel, verizon, and cingular. The reason for the cancellation fee if you break your contract is to make up for the price of the phone, but if you stay in contract for the 2 years they will make the money anyway for the cost of the phone. The reason they run your credit is because the cell companies are extending an open line of credit, basically to a customer. Meaning, A person can run up a $4000 bill and the cell companies have no collateral or way to get the money back if the customer doesnt pay. Thats why the credit check is needed. [/QUOTE]
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