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The user you are responding to has an account on a .ca domain. In Canada (as well as UK) it is more common for the rate to only be locked in for 5 years.
Is this some kind of prepaid nightmare? I'm across the pond, and what you're describing sounds vaguely familiar. But it was almost half a lifetime ago that I turned 18 and switched to unlimited postpaid.
The employer basically gets an interest-free loan for that extra week; whereas the employee might need to pay interest to a third party to make up for any shortfall on their end (e.g. credit cards, payday loans). Majority of people live paycheck-to-paycheck and can't cover an unexpected $1000 expense.
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