Have you ever felt trapped somewhere and thought you could not escape? That’s how Hank and Catherine H. felt about the timeshare sales presentation they attended.
What was supposed to be a short and smooth meeting, quickly turned out to be a lengthy and intense sales pitch. The couple was caught off guard and pushed until they were mentally drained. Resulting in them signing over the paperwork as it seemed like it was their only option if they wanted to leave.
We recently caught up with Hank and Catherine to share their side of the story as not only timeshare owners but as timeshare victims also. Find out what they have to say about their experiences below and we hope their recollection of these events will inform others of the disingenuous approaches used within the timeshare sales industry.
The Couple Was Enticed Into The Presentation With Gifts From Salespeople
“We were offered a free vacation and a visa gift card to attend this so-called meeting. It was supposed to be a short presentation on vacations but it ended up lasting over 4 hours. We were exhausted and ready to leave so we just signed the paperwork. A few promises they made were that the maintenance fees would never increase and that this was a real property that we could visit annually.”
It seems the timeshare salespeople made promises that obviously could not be kept. These maintenance fees rise by roughly 4% every single year despite what any salespeople may say. And it is safe to assume that was not the only lie told during this presentation.
Deceptive & Disturbing Sales Tactics
“We asked about the interest rate being so high for the purchase because our credit scores were both really good. They told us that we missed the reduction cutoff by 1 point on our credit report. We didn’t buy it but like I said, we were ready to get out of there. So I had to go get my checkbook for the closing fee but they wouldn’t let my wife walk out with me to get it. They said she would have to stay behind to ensure I would come back.”
As bizarre as this predicament may sound, it is not that shocking when it comes to the timeshare industry. We at Wesley Financial Group, LLC (“WFG”) have heard countless stories with similar scenarios to this one. With this being Hank and Catherine’s first impression of timeshares, it was not off to a great start.
“We were paying for something we never really owned and with the increasing maintenance fees, it was getting out of control. So much for them not going up. All the money that we put into that property, we could have put into our savings to help our family now and later in life. Instead, we had a mountain of debt.”
Within just a few years as timeshare owners, Hank and Catherine had accumulated quite a bit of debt. The couple had enough of being strung along by the resort representatives when they reached out for help multiple times, so they began to look for help elsewhere.
Wesley Financial Group, LLC Is A Leader In The Timeshare Exit Industry
This is when WFG came into the picture. After Hank and Catherine reached out, it was only a matter of time before their dreadful timeshare experience was finally put to an end. Hank and Catherine are now officially timeshare-free again! Not only that but the couple was also relieved of $22,500 in timeshare mortgage and maintenance fee debt.*
Do you know anyone who has been through a similar timeshare experience? If so, please do not hesitate to pass our phone number along to them. We’d love to see if they qualify for our timeshare termination services.
*Wesley Financial Group, LLC (“WFG”) develops individualized programs for each client, terminates over 97% 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 canceled within the time specified in the WFG Enrollment Agreement).
WFG, and/or its affiliates, successors, or assigns are not lawyers and/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 are not intended to be a substitute for professional advice, legal or otherwise. Names have been changed or omitted due to privacy concerns.