A way of ending contract without paying penalty??

[MRB+1]

Hi there. We need to cut back on our spending and thought our sky glass agreement ran out in Nov this year, but just found out it's actually December next year! Is there a way of ending the contact now without paying the remaining costs? 

[SKY1992bf]

@MRB+1  Unfortunately if you have a credit agreement for the hardware that needs to be paid off in full 

you can cancel the tv subscription element penalty free if you are on a monthly rolling contract by giving 31 days notice but if you are in a minimum term for that you can't normally unless sky allows it and is subject to early termination charges which will equate to the monthly cost x the remaining number of months remaining 

[TimmyBGood]

@MRB+1 

As @SKY1992bf indicates, the monthly payment for Glass typically has two elements: a content subscription on an 18 month minimum term and a purchase repayment over two or four years.  The latter is formally an unsecured personal loan, and defaulting on such things has serious consequences.