As a Verizon customer, you’ll receive a monthly bill detailing your service charge, including any applicable taxes and fees. You must pay this invoice for uninterrupted monthly phone and internet services. But are you curious about the late fees and the consequences of missing a payment? If so, let’s find out in detail what exactly happens if you don’t pay your Verizon bill on time.
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What Happens If I Don’t Pay My Verizon Bill?
The following section will detail what consequences you will have to face if you could not pay your Verizon bill. Also, read this article until the end to find the methods to pay it off successfully.
What Happens If I Don’t Pay My Verizon Bill?
Listed below are the consequences if you don’t pay your Verizon bill:
- You will be charged a late fee if you don’t pay your bill by the due date. The late fee may tend to increase as the time increases after the due date.
- Your Verizon service can get suspended temporarily if you miss the deadline and don’t make the payment for a while after that.
- If you don’t pay your bill for an extended period of time, your Verizon account will get suspended permanently and Verizon may send your account to a collection agency. This can negatively impact your credit score and make it harder to get approved for loans or credit in the future.
How Much is Verizon Late Fee?
The late fee charged by Verizon can vary depending on the type of service and location:
- The late fee for a Verizon wireless account is up to 5% of the unpaid balance or $5 if the payment is 60 days late or more (whichever is greater).
- For Fios accounts, the late fee is typically up to 1.5% of the unpaid balance or $5 if the payment is 30 days late or more (whichever is greater).
Note: The charges as mentioned can be subject to change in the future by Verizon as per the change in their policy.
How Do I Pay Off a Closed Verizon Account?
To know how to pay off a closed Verizon account, follow the below-mentioned methods:
Method 1: From Verizon Online Account
1. Visit the Verizon Sign In page on your browser.
2. Enter your User ID/Verizon mobile number and click on the Continue option.
3. Enter your Password and mark the Remember my User ID checkbox.
4. Then, click on the Sign in option.
5. Enter the answer for the mentioned security question and click on Continue to verify your account.
6. Now, navigate to the Payments section of your account.
7. Locate and select the due payment.
8. Pay the remaining amount using the stored payment method on your Verizon account.
Method 2: Using Verizon’s Digital Assistant Tool
1. Visit Verizon One Time Payment page on your browser.
2. Select the Account type.
3. Enter the account information in the respective fields.
4. Now, make a payment using your desired payment method.
5. Review your payment and Submit it.
Method 3: Via Phone Call
You can call Verizon customer service at 1-800-922-0204 during working hours and make your payment using your card.
Note: The working hours of Verizon customer service for payments are on Monday to Saturday: 8 AM to 7 PM and Sunday: 8 AM to 5 PM.
Method 4: Through Mail Service
You can send a cheque or the money order in the mail to Verizon’s payment address, listed on your billing statement.
Method 5: From Verizon Store
You can visit your nearest Verizon store and provide all the information of the closed Verizon account and make the necessary payment using either card, cheque, or cash.
What Happens If I Leave Verizon Early?
If you are under contract and leave Verizon early, you may be subject to an early termination fee. This fee is meant to compensate Verizon for the cost of the device subsidy they provided when you first signed up for the service.
The amount of the termination fee will depend on several factors, such as:
- The type of service plan you have
- How much time is left on your contract
- Whether you received any device discounts or promotions when you signed up for the service
If you are not under any contract and choose to leave Verizon early, you do not have to pay any cancelation fee. However, you will still be responsible for paying the billed amount for the current month based on your usage.
Can I Use an International SIM Card on My Verizon Phone?
Yes. You can use an international SIM card on your Verizon phone if it supports 4G LTE technology and is unlocked by Verizon. However, compatibility may vary due to regional differences in network frequencies and technologies. It’s advisable to confirm compatibility and learn about any associated fees or charges by contacting both Verizon and the international carrier you intend to use.
Should I Remove My SIM Card Before Returning to Verizon?
Yes, you should remove your SIM card before returning a device to Verizon. Your SIM card contains personal information such as contacts, text messages, and other sensitive data. By removing it from your Verizon phone, you can ensure that your personal information is not accidentally shared with anyone else who may handle your device at Verizon. Additionally, if you plan on using your SIM card with a new device, you will need to remove it from your old device anyway. Once you have removed your SIM card, you can safely return your device to Verizon.
Does It Cost Money to Cancel Verizon Phone?
Yes, canceling your Verizon phone before the end of your contract term will incur a cost. Early termination fees may apply if you are under a contract and cancel prematurely. The amount of these fees can vary, reaching several hundred dollars in some cases. If you are not under a contract, you can freely cancel your service without facing any early termination fees. However, you may still be responsible for a prorated amount for the month of cancellation and any outstanding balance on your device payment plan.
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With this guide, you may have learned what happens if I don’t pay my Verizon bill and the methods to pay it off. If you still have some queries, ask them in the comments box below. Keep exploring our website for more tech guides, and we’ll see you in the next one!