Not all 10-10 calling plans are equal
 
Home Tell a Friend! Contact ICFE Link Exchange Search ICFE Subscribe ICFE About the ICFE
ICFE News Releases ICFE in the News Children and Money Financial Education Personal Financial Counseling with Paul Richard, RFC Credit Card Tips Credit File Correction Mending Spending Links and Resources Order Options

Business and Consumer Alert
Not all 10-10 calling plans are equal

Do the math before dialing a 10-10-xxxx long distance dial around

San Diego, CA. 10-10 long distance calling numbers are available to anyone who has a land line - a phone connected to a home or business nationwide. The purpose is to make lesser expensive long distance calls. It's also a way to make the cheaper calls and still keep an existing carrier such as AT&T, Sprint, Quest, MCI-WorldCom or Cox Communications.

10-10 long distance numbers are also known as dial around plans in the industry. Users of
10-10 numbers are dialing around their long distance carrier to make long distance calls at a substantially lower rate.

When someone calls a 10-10-xxxx telephone, their call is routed around the local carrier through what is known as the PIC (Pre subscribed Interchange Carrier) code. The local phone company uses the PIC Code to route a call through to the customer's long distance carrier of choice. A company's actual PIC is usually the last digits of their 10-10- number. PICs are also known as CIC - carrier identification code.

Consumers and business are warned not to call a 10-10xxxx number unless their rates are known. A 10-10-xxxx number may be advertised on TV, however, that does not mean you will be getting the lowest rate. Research of tolls and pricing policies is a must to avoid getting ripped off.

Take the 10-10-297 number, as an example. They are advertising on TV and in print medias around the country promoting “3 cents a minute” on long distance calls, with a minor mention both on TV and in print, of the fact that there is a 39 cent connection fee on ALL calls.

Here is a sample of the cost per call based on minutes used (before any local, state or federal tax) by using 10-10-297.

One Minute - 42 cents
Two Minutes - 45 cents
Three Minutes- 48 cents
Four Minutes - 51 cents
Five Minutes - 54 cents
Ten Minutes - 69 cents

A 10 minute call is 6.9 cents a minute while a 20 minute call cost 4.95 cents per
minute and a 30 minute call cost about 4 cents per minute using 10-10-297.

The danger for consumers on this particular number is the ad's major focus and emphasis is on the “3 cents a minute” and potential users, therefore, may wrongly conclude the call will be made at the “3 cent a minute” rate.

In the print ad, the “3 cents” letters are almost an inch high, whereas the letters in the line “and 39 cents to Connect” is only 1/8 inch size type. Similar tactics are used in the TV ads. The major imprint left on the viewer or reader is “3 cents a minute”. The ICFE also discovered these “3 cents a minute” rates apply to new users only.

There are several bona fide 10-10 calling plans easily located on the Internet. It's also a
good way to compare 10-10 calling plans, from the least expensive to the more costly. Check out: www.saveonphone.com. Or www.calling-plans.com. And www.tele-rates.com.

 

About the ICFE:

About the ICFE:

The Institute of Consumer Financial Education (ICFE), founded in 1982 by the late Loren Dunton (creator of the “certified financial planner” (CFP) designation) and it is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely. The ICFE trains and certifies Personal Finance Instructors for its own curriculum. It also trains and certifies Credit Report Reviewers and Identity Theft Prevention Specialists.

The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and resources. It publishes the Do-It-Yourself Credit File correction Guide, now in its 16th printing and has distributed over one million “Credit/Debit Card Warning Labels” and “Credit/Debit Card Sleeves” world wide.

The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.

The ICFE is also a partner in the national Jump$tart Coalition for Financial Literacy and the California Jump$tart chapter. The ICFE staff is also active with San Diego Saves, an offshoot of America Saves, and the California Student Debt Resource Awareness Project (CASDRAP) (studentdebthelp.org).

The ICFE’s on-line help for consumers who spend too much was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from “The Money Instruction Book,” a course in personal finance, positioned to become among the premier programs in the new bankruptcy and debtor education initiatives.

The ICFE Web site at: http://www.icfe.info helps consumers with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and videos and how to teach children about money. Other ICFE services include a free eNewsletter, and an online resource center of financial education learning tools, including videos, books, software and personal finance courses.
.

To Order Financial Education Books, Videos & Tapes:
Click Here for Order Options (Online, Fax, Phone, Mail)
California residents add 7.75% sales tax
Visa, MasterCard or American Express Accepted
THE ICFE DOES NOT ACCEPT DISCOVER CARDS, CLICK HERE TO FIND OUT WHY…
call 619-239-1401 fax 619-923-3284 OR or send check or money order to:
Institute of Consumer Financial Education
P.O. Box WWW-34070
San Diego, CA 92163-4070
Printable Order Form
Note: The Institute of Consumer Financial Education does not make names available to third parties
Home ] ICFE News Releases ] ICFE in the News ] Children and Money ] Financial Education ] Resource Center ] Credit Card Tips ][ Credit File Correction ] Mending Spending ] Links and Resources ] Shop Online ]  [ Online Store ]
Copyright © 1997 - 2008 by Paul Richard and the Institute of Consumer Financial Education, All Rights Reserved.
View our Privacy Policy Our Terms and Conditions
Contact Us or Email Us: info@icfe.info  Send E-Mail
Website Design Donated by Design Schools and Programs
 
Comments, Suggestions or Errors? E-mail the Webmaster

 

 

 

 

 

 

www.california-colleges-universities-schools-ca.org www.art-school-animation-design-college.org www.culinary-arts-schools.org www.fashion-design-school.org www.game-design-school.com www.game-design-school.org www.graphic-design-school.org www.interior-design-school.org www.web-design-school.org

Master's Degree in Education www.masters-in-education.com  Master's Degree Programs - Online Degrees www.masters-degree-programs.com  Master Degrees - Higher Education Campus Locations www.masters-degree-education.com Master's in Business Information Degrees www.mba-information.com  Online Education Programs  www.online-education-programs.net  University and College Degree Programs www.university-degrees-programs.com Free Education Website Directory www.education-websites.com  College Information - Free Directory Resources www.college-information.net Online College, School Degrees Masters, Bachelors, Associates, Doctorates  www.degrees-online-schools.com  Graduate School and Degrees - Free Information www.graduate-school-information.com  Higher Education Information and Benefits www.higher-education-information.com Culinary Arts and Hospitality Management Degrees Culinary School Information - Free Guide www.culinary-school-information.com Culinary School Programs and Careers www.culinary-schools-programs.com California Culinary Schools www.california-culinary-schools.com  Chef and Cooking Schools and Institutes www.chef-cooking-schools.com  San Diego Television Production www.san-diego-television-production.com San Diego Video Production www.san-diego-video-production.net Video Television Production www.video-television-production.com Flexography Manufacturing Software  www.flexography-flexo.com  Flexography Software www.flexography-software.com Bellydancing Instruction  www.bellydancing-instruction.com Bellydancing Videos  www.bellydancing-videos.com Graphic Design Schools and Colleges  www.graphic-design-schools-colleges.com Design Schools and Programs  www.design-schools-programs.com Fashion Design Degrees  www.fashion-design-degrees.com Technical Business Degrees    www.technical-business-degrees.com Technical Institutes and Technical Schools  www.technical-institutes-schools.com Computer Schools, Colleges, Technical Schools and Training  www.computer-schools-training.com eCommerce Website Programming Institutes  www.ecommerce-website-programming.com Business Website Design Schools  www.business-website-design.com Debt Consolidation, Management, Loans Help  www.debt-consolidation-loans-help.com  Home Equity Loans and Lines of Credit  www.home-equity-loans-credit.com  Home Owner Refinancing  www.home-owner-refinancing.com Free download of Smart Draw Flowchart Software  www.free-software-download.com Download SmartDraw Free  www.free-software-download.com/flowchart-software  Get Flowchart Software Free  www.flowchart-software.net