We all have cellphones. We all depend on them. But many of us are tied into super long contracts that — for one reason or another — we want to get out of. The people at Celltradeusa.com have come up with the brilliant concept of creating a online trading ground for cellular service contracts. Say I have a Verizon contract with 13 months remaining on it but want to switch to Cingular, and you are a Cingular customer who wants to change to Verizon because you need the free ‘in network’ minutes because you just made the ill-advised decision to commence a long-distance relationship with a girl across the country who uses Verizon. Well, you can log onto Celltradeusa.com and work out a deal to swap contracts with me. The site basically creates a commodities market for cellphone plans. Celltradeusa swapping is cheap ($20 to get out of a contract; free to pick up a contract), and the process is supposedly quick (20-30 minutes). Say goodbye to those $300 cancellation fees.

Via Productdose