The prevailing business model from the major cell phone companies has been to lure you into a bear trap and fee you to death. But that’s changing quickly. And pesky overage fees are the next to bite the dust.

T Mobile CEO John Legere is no stranger to causing commotion, and he’s doing just that at the expensive of the other major US cell phone carriers. He announced on his blog last Wednesday that T Mobile is doing away with all of their overage fees. And he’s also asked Verizon, AT&T, and Sprint to join him. That request was mostly met with a curt, “no comment.”

Also, Republic Wireless is launching their new, far cheaper phone. They now add an inexpensive handset  to their already impressive plan offerings which start at just $5 a month! So don't just sit there and take what the overpriced big guys offer you. And if you're in a contract, there's a solution to that as well.  

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Co-founder and president of the newly formed Georgia Skyline Bank, Ryan C. Floyd, was a SVP at The Piedmont Bank. (Courtesy of Georgia Skyline Bank)

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