It has always been the boon of most mobile phone owners to deal with early termination fees. And just in case you haven’t heard, Verizon Wireless is charging a $350 early termination fee which is reportedly needed or they will not be able to pay their network. And of course the FCC is not biting this claim but Verizon is sticking to their excuse.

There is a glitch somewhere but you can bet that Verizon is just looking to protect its business interest. The offered deals (phones offered practically free!) are too good to be true at first but once you sign on the dotted line of their crazy contracts, expect them to get back at you. Early termination fees are only one of the hidden highlights you have to be wary of.

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