Anyone know what the penalty is to cancel a Three contract?

Legacy_user

I have a 24 month contract with Three and am considering cancelling it.

Anyone know of the penalty I'll pay? Can't find the info anywhere online.

thatsean

The value of your remaining term

matilda.cs

thatsean wrote: »

The value of your remaining term

Afraid he's right... They'll try and get everything. (if you pay £30 a month and you have 10 months left, they'll bill you £300 and will probably try and ask for the phone back!

latecomer

Not sure they can ask for the phone but the remaining amount of the contract is pretty guaranteed

sdduk

Also remember if you do cancel and don't pay up it could affect your credit file because 3 may put it on for non-payment.

NittyGritty

as far as i know you pay the remaining months minus the vat, ( you Dont give the phone back, if they ask they have no right too, as you are paying the contract off,

completelyterrified

It's remaining term * monthly cost - 10% if you're a customer who's upgraded or on a recurring contract. If you're in your first contract with them, it's remaining term * monthly cost - 3%.

matilda.cs

I was being jovial when I said they'd probably try and ask for the phone back!

If they try and charge the full cost of the contract... Why cancel it? You may as well see it out!

Buzby

No 'minus the VAT' - but no penalty either. You pay what you agreed under contract, and they may agree to negotiate for not supplying the bundle which can give you around 10% discount (which will also reduce the VAT), but it is all at the discretion of the network.

System

thanks everyone, guess I'll be seeing the contract through then ...