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New 12 month contract
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Old 06-03-2015, 08:44   #1
pesty
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New 12 month contract

Hi. I'm just about to take out a new 12 month contract. The only thing that is worrying me is that if I was to loose my job in that period, would I be able to decrease my package until I found a new job. I'm on the very top package at the moment so could be difficult to keep the payments up if I did loose my job. I wouldn't leave VM would probably just want to down size for a bit if the need arises. If I can't I'd rather not sign a new contract just incase.
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Old 06-03-2015, 11:02   #2
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Re: New 12 month contract

It is possible to reduce your package during a minimum term, however this can in itself restart the minimum term.
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Old 06-03-2015, 11:26   #3
pesty
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Re: New 12 month contract

Hi thanks for the reply. Yes I just come off the phone to someone on VM who said the same thing. That's good to know. I don't mind having to restart a new contract again if I had to decrease my service as I would never leave VM anyway. I've been with them since they started and had nothing but a fantastic service all round.
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