How does a 'contract takeover' work with a negative balance?

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  • Updated 3 years ago
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In December I decided to get a new phone. I really wasn't sure what I wanted, but the employee at Koodo mobile ensured me I'd enjoy an iPhone. The phone itself is okay. But, I hate the lack of storage and small size. They have the phone I wanted since December finally on $0/$45 month (same as what im paying now for my 4s 8gb). I have $200 to pay off on my tab. I have someone who wants the phone - doesn't mind paying the remaining tab balance (which will be $180 or $190 something next bill due).

I was wondering, can I transfer the whole phone? -$200 and all. Or do I HAVE to pay the phone off before transferring the balance? Will Koodo hassle me if I decide to ditch this plan, and get another phone before my plan is up? I'm not entirely sure I even want to stick with Koodo said and done anyways because of the lack of service in my region.
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Posted 3 years ago

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Mathieu, Mobile Master

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Hi Chey,

Easiest thing to do would be to pay off your tab, sell him the phone and get him to go activate himself with Koodo and then you can go and get a new phone with a bew tab.

Another option is to do a transfer or ownership. You and the buyer will have to get together and call Koodo using *611 from your mobile phone. They will be able to transfer the account and all to his name and then you can go and activated a brand new account with your new phone

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