Timeshare relief is becoming a popular solution for consumers looking to get out of their timeshare contracts. With the global pandemic and its impact on travel, many timeshare owners are finding they simply cannot afford to make their monthly fees.
If you are considering getting out of a timeshare, or want to find out more about the options available to you, there are several companies that specialize in this practice. They will help you work out the legalities and take on the heavy burden of the paperwork required to get you out of your timeshare contract.
These companies have years of experience and know the ins and outs of the industry, including binding contracts. They can take the pain out of this process so you can get the peace of mind that you need to move forward with your life.
Often, these companies offer timeshare relief financing to their customers, which allows them to pay for the work over time. This makes it easier to manage the costs of timeshare elimination and can be a much more affordable option for a timeshare owner than a lump sum.
One of the best ways to find a timeshare exit company is to look for referrals from others who have used them in the past, or to do your own research online and call customer service departments. Ask if the company offers financing and what kind of payment terms they offer.
Aside from timeshare debt cancellation, these companies also offer a number of services, such as helping to restock inventories that have been emptied by resorts. They can even resell your interest back to the developer, at which point the owner will receive a refund of any upfront fees paid.
Some timeshare exit companies have also been accused of making false sales presentations to entice people to buy timeshares. The Better Business Bureau has received dozens of complaints about this type of activity in the past two years, and BBB has issued consumer alerts about the practice in the Springfield area.
Another common problem is the lack of transparency in timeshare exit companies. These companies may not tell you how much you will have to pay for their services, or how long it will take to complete the project.
If you are paying for their services with a credit card, you should check with your credit card company to see what its policy is on dispute resolution for timeshare exit companies. This is important to make sure the timeshare exit company is doing everything they say they are doing, and that you will be able to get a refund of any money spent on them if you don’t end up happy with their service.
The BBB also advises that you never pay for timeshare exit work upfront, unless the company has a good track record. This will save you a lot of hassle in the long run and avoid a lot of potential headaches down the road.