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Paying verizon ETF fees

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A couple of questions regarding this plan.

 

As I understand it, if I join t-mobile from Verizon, t-mobile will pay my ETF from Verizon up to $350. Also, I will be given up to $300 credit towards a new phone.

 

Is it $300 guaranteed or does it depend on my trade in?

 

If my ETF is say $150 will I get the difference ($200) added to my $300 credit towards a new phone?

 

What phones are available from t-mobile as part of this plan?

 

Can I bring my own phone?

 

If I cant bring my own phone when I first join, can I buy my own phone and swap it with the one I bought from T-mobile whenever I want?

 

Will I have to be put in a 2-yr contract with tmobile?

 

Is there a credit check to sign up for this plan?

 

IF I have bad credit can I be denied access to the program?

 

I appreciate all responses. I am very interested in this plan as I am stuck in a contract with Verizon until Aug 2015. I have two other contracts ending this summer as well.

 

Thanks


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