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Early Cancellation Fee on Phone Contract?

 
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proopser



Joined: 20 Oct 2009
Location: Gunsan

PostPosted: Thu Jun 10, 2010 4:47 am    Post subject: Early Cancellation Fee on Phone Contract? Reply with quote

I am going to be leaving Korea about 6 months after starting my one year phone contract with LG. Are there going to be cancellation fees? Anyone know how much?
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Caffeinated



Joined: 11 Feb 2010

PostPosted: Thu Jun 10, 2010 5:01 am    Post subject: Reply with quote

Less than 5000won per month, IIRC. I bought my phone outright tho.
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proopser



Joined: 20 Oct 2009
Location: Gunsan

PostPosted: Thu Jun 10, 2010 6:03 am    Post subject: Reply with quote

I'm not on a pay as you go, I'm on an actual year contract agreement (stupid me, I know) But I was hoping there werent outrageous $200 early termination fees like in the US.
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Caffeinated



Joined: 11 Feb 2010

PostPosted: Thu Jun 10, 2010 6:17 am    Post subject: Reply with quote

Mine's a one-year contract as well. But 5,000won x 6months = 30,000won (about $25 USD) is a lot cheaper than $200.
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proopser



Joined: 20 Oct 2009
Location: Gunsan

PostPosted: Thu Jun 10, 2010 8:37 pm    Post subject: Reply with quote

Nice, thanks for your help!
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AsiaESLbound



Joined: 07 Jan 2010
Location: Truck Stop Missouri

PostPosted: Thu Jun 10, 2010 9:09 pm    Post subject: Reply with quote

Caffeinated wrote:
Less than 5000won per month, IIRC. I bought my phone outright tho.
Yep, I asked how much I'd have to pay to cancel my 1 year contract 1 month early and was told 5,000 won. I had been thinking they meant something like 500,000 won which I sure hoped not, because back home, they do charge hefty contract cancellation fees regardless how much time left. Korean phone deal seem fair enough. It's all based on how much you use it; not how much the company intends to fleece you for.
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