Can someone use my phone on their T-Mobile service?

Hey, I have an LG Spectrum 2 and a friend of mine has a broken T-Mobile phone and wants to use it. Apparently, the Spectrums are already unlocked and he is going to put his SIM card in my phone. I don't need the phone, so I don't mind him using it, but he's saying he is going to "unlock" it and use it under his T-Mobile plan. Will this terminate my contract with Verizon?

It should be unlocked since it is a 4G LTE phone. However it might not be carrier unlocked for the USA. It might have the GSM frequencies for a global ready device, but that's doesn't mean it will work on another US carrier.
You will need to activate a different phone on your line before your friend could even try to activate it on T-Mobile.

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