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A comment on FCC wants all phones unlocked in sixty days, AT&T and T-Mobile aren't so keen. Parent comment

Re:FCC wants all phones unlocked in sixty days, AT&T and T-M... by dingnuts on Saturday September 21, 2024 @09:53PM (#41614061)
sorry if this is a stupid question, but if you don't pay for the phone don't they repossess it or something?
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Re:FCC wants all phones unlocked in sixty days, AT&T and T-M... by batch12 on Saturday September 21, 2024 @10:44PM (#41614268)
No. They charge you and if you dont pay, they report your debt to credit agencies.
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Re:FCC wants all phones unlocked in sixty days, AT&T and T-M... by michaelmrose on Saturday September 21, 2024 @11:47PM (#41614486)
So your average phone costs $700-$800 retail new. Cost of repossession would be going to court, court costs, lawyer bills etc. I would end up costing $5000+ for a piece of used goods that is worth $300 if they are lucky.
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