A Timeshare Rep Doubled Staci's Loan Without Her Knowledge

Written by: Chuck McDowell Updated: Apr 29, 2023 Published: Aug 10, 2020 2 minute read

Client: Staci

*Names of people have been changed and/or redacted for privacy reasons.

Staci was invited to attend a 90 minute timeshare sales presentation when she was visiting Smugglers Notch. She agreed to go to the meeting and ended up leaving with a contract for $30,000.00.

After the meeting, Staci was enjoying the rest of her vacation until she tore her ACL, MCL and meniscus. Knowing that this was going to be a long and expensive recovery, she wanted to cancel her timeshare contract that she had just purchased. Staci made several attempts to call with no return phone call from the timeshare. By the time they called her back, they told her that her 72 hours to cancel had passed and that she couldn’t get out of the contract. 

A few weeks later they invited Staci on a free weekend vacation. She was required to attend another 90 minute presentation during her stay, but this time it turned out to be a five hour presentation. The sales rep kept telling Staci that she could take her 20-year loan and put it into a 10-year loan. The sales rep told Staci this would lower her very high interest payment by half, and Staci believed her. 

What Staci didn’t know was that the sales rep also doubled her loan from $17,000 to $35,000! Staci only found out that her loan had been doubled when she reached out for help in cancelling her timeshare contract. 

Not only was her loan doubled without her knowledge, Staci was also unable to use the timeshare at all. Every month she was throwing away money to something that she couldn’t even use. 

We are in the process of getting Staci out of her timeshare contract. 

If you have been lied to or misled by a timeshare company, we may be able to help you. Reach out to us today to see if you qualify for our timeshare cancellation services. 

(800) 425-4081

*Wesley Financial Group, LLC (“WFG”) develops individualized programs for each client, terminates over 98% of their client’s timeshare relationships, and in certain circumstances, obtains a refund of some or all of the timeshare purchase price.  Actual results depend on each client’s distinct case and no specific outcome is guaranteed (although WFG does offer a 100% money back guarantee if the timeshare is not cancelled within the time specified in the Enrollment Agreement).


*Wesley Financial Group, LLC, and its affiliates, successors, or assigns are not lawyers or a law firm and do not engage in the practice of law or provide legal advice or legal representation. All information, software, services, and comments provided on this site are for informational and self-help purposes only and not intended to substitute for professional advice, legal or otherwise.

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