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I paid off my smartphone: Why is my bill still high? [Video]

Columnist David Lazarus answers your consumer questions.

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Michael has owned his iPhone for more than two years. In other words, he figures he’s paid off the subsidy that AT&T ponied up when he agreed to a two-year contract. Yet Michael’s wireless bill hasn’t gone down.

Is that fair?

ASK LAZ: Smart answers to consumer questions

No, of course not. You’d think that once the total cost of the device has been covered, a user’s monthly bill would reflect that fact. But that’s typically not the case. Wireless companies, once they’ve got you on the hook, want to keep you on the hook.

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And that means no discounts.

So what can you do? Check out today’s Ask Laz video for the answer.

If you have a consumer question, email me at asklaz@latimes.com or contact me via Twitter using the hashtag #AskLaz.

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