What will happen if I unlock my iPhone while it is on Verizon?
I'm still on my contract but what would happen?
Thing is unlocks concern GSM phones, not CDMA ones like what Verizon would offer.
Anyway, to answer, nothing would happen. The phone would be unlocked. That's it.
As the person mentioned upfront nothing ain't gonna happen, your phone will be unlocked. If you looking to unlock your Verizon iPhone, you should check it out here - reliable and fast source.
http://www.unlocksexpress.com/products/usa-verizon-iphone-factory-unlock
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