Not all 10-10 calling plans are equal
 
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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:

The Institute of Consumer Financial Education (ICFE) was founded in 1982 by the late Loren Dunton (creator of the Certified Financial Planner (CFP) designation).  The ICFE is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely. 
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, which is updated annually. The ICFE 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 was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org).  CASDRAP disbanded in 2010, shortly after the web site project was completed.  In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.

The ICFE is also an on-line help for consumers who spend too much.  ICFE's spending help was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from the ICFE's Money Instruction Book, our course in personal finance.

Visit the ICFE's other web sites at: www.financial-education-icfe.org and studentdebthelp.org.  Both sites helps consumers and students 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 how to teach children about money. Other ICFE services include: Ask Mr. G,  a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.

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: www.financial-education-icfe.org 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 eNews, and an online resource center of financial education learning tools, including videos, books, software and personal finance courses.

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