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Verizon Ups Termination Fee from $175 to $350

News of Verizon's plans to jack up its early termination fee first hit at the beginning of the month. An internal document obtained by Boy Genius Report detailed that the new ETF policy would apply to both one and two year contracts and would come into effect on November 15.

The $350 ETF will decrease by $10 for each month of service completed, which is nice until you do the math and figure out that for a customer ditching their contract in the twentieth month of a 24-month contract, it's still a $150 ETF.

Image via engadget