Should we pay it off?..

StrugglingYouth

Assuming you've paid June 2014, leaves you 18 months left until November 2015.

£49*18=£882 if you pay it monthly as you are. (Again assuming it doesnt increase further)

or

£600/18=£33.33 on average + £12 for the new pay as you go = £45.33/month.

The difference is £3.67/month or £66.06 over the 18 months.

Do you have a phone you could use on a Sim only contract and will it provide the services you need on the £12/month option.

hollibobs_2

Thanks for the reply..

The 12 a month, this not set in stone as with giff gaff so can stop or decrease the amount as needed.

I was thinking that £49.86 a month reduced to £ 10-12 would be a lot better.

The phone is ours and also sim free

eyeopener2

You'd be better just asking to drop a tariff, plead poverty, a few tears on the phone.

Works wonders.

hollibobs_2

I will try that, thanks

hollibobs_2

Not a chance ee will def not lower the tariff :-(

gardner1

£49 a month for a phone contract !!! must be an iphone with a trillion free texts and a zillion free mins which you don't use and by the time your contract is up you will have paid about £1100

ViolaLass

hollibobs wrote: »

Thanks for the reply..

The 12 a month, this not set in stone as with giff gaff so can stop or decrease the amount as needed.

I was thinking that £49.86 a month reduced to £ 10-12 would be a lot better.

The phone is ours and also sim free

But it wouldn't be reduced, you would be paying the £12 on top of the amount to get out of the contract.

Lensman_2

The psychological benefit of paying stuff off that is hanging around your neck is not to be underestimated.

I don't expect much sympathy from fellow posters here because the pennies don't add up. But the win of paying it off and having an extra £37 each month gets my vote. It will boost your morale too.

However, I would look for something that you are paying interest on to pay off first if there is anything. Interest is dead money.

eyeopener2

hollibobs wrote: »

Not a chance ee will def not lower the tariff :-(

Will they not? Did you tell them you couldn't afford it and would have to stop paying if they didn't lower the cost?

Anyway, lensman makes a very valid point and £600 plus your new £12 a month for 18 months costs you what? About £820.

Paying the £49.86 for the next 18 months is £900 (ish).

So maybe it is worth it. But someone check my maths please....I've assumed 18months left on the contract.

***edit. I see this has already been posted....sorry.

asparagus1968

£49 - ouch!


if you continue monthly would you still need a landline?


I now pay my landline a year upfront to get it cheaper ( have it for broadband), and never use the landline, the mobile inclusive minutes covers all calls.


is it an expensive handset you could sell and pop SIM into a cheapie phone (usually someone in my circle has an old phone sitting in a drawer:))


however, I totally understand the pay it off scenario also,


good luck