The Difference Between Honest & Dishonest Timeshare Exit Companies
If you have purchased a timeshare that you no longer want, you may be in the unfortunate position of wondering how to get rid of your timeshare.
Just know that you are not alone. Whether it’s the lies you were told when you signed your contract or the misrepresentation during the sales presentation, there are many people looking for a way out. So much so that a new industry has emerged from this need to get rid of timeshare.
A quick search for “cancel my timeshare” will pull up a slew of options on the internet; all promising to get you out of your timeshare contract. Over the past 10 years, hundreds of companies have popped up based on this one simple premise.
Unfortunately, a majority of these companies are scams or are not equipped with the right tools to make their guarantee a reality. Many will hire lawyers, attempt to sell it or rent it on your behalf, and occasionally they’ll even do something potentially illegal like transfer it to a shell company and bankrupt the company. But none of these options yield results. Owners always end up saddled with their original timeshare burden.
That’s why all timeshare exit companies are not created equal. In fact, a lot of them are called “Fly by Night” companies. These are companies that are brand new and are only interested in getting their hands on your money. Often, they even employ the same high pressure sales tactics as the timeshare salesmen. Many timeshare exit companies are scams: They use high pressure, get no results, and they can leave owners feeling full of guilt and shame for being taken advantage of again.
How do you know who you can trust?
Understandably, you may be hesitant to work with any exit company after what you’ve been through.
When choosing a timeshare exit company to work with, we recommend combing through their reviews from as many different sources as possible. Good places to start are Google Reviews, BestCompany and Trustpilot.
In our experience, it’s important that these companies have as many reviews as possible. The more reviews they have, the more you can be sure that you are dealing with a legitimate and trustworthy company who can get you out of your timeshare contract.
We also believe it’s important that the company you work with has a strong financial backbone. You don’t want to risk paying one of these short term companies who is open today and gone tomorrow. These sham companies will take on as many clients as possible, promise the world, and then disappear and close their doors when they can’t deliver even if they promised a money back guarantee.
Beware of Shady Timeshare Exit Companies
Once you’ve done your due diligence and narrowed your options, it’s important that you also work with exit companies that have a successful process that’s proven to get results. One thing you don’t want to do is go with a company that’s just going to outsource a lawyer.
Going with a company that actually works for you AGAINST the timeshare company provides the best results and the best guarantee for cancellation.
It’s also important that you only work with companies who have a 100% money back guarantee. If they don’t, then they may be trying to take advantage of you.
If a company isn’t willing to give you your money back when they can’t or don’t deliver what they promise, how are they any different than the timeshare companies? That’s why it’s important to do your research and choose companies who operate on a strong foundation of morals and ethics and will always do the right thing when trying to get you out of your timeshare contract.
Victims of timeshare exit fraud often report receiving scam phone calls from sales reps telling them they have a timeshare buyer on the other line and need an immediate answer. Then they ask for a credit card deposit to secure the sale, or as a transfer fee, or any other payment. Once you pay, you never hear from them again. BEWARE any company that cold calls you or harvests your information as a “lead.” They are just trying to make as much money off you as possible and chances are they can’t deliver.
One final note: if any timeshare exit company reaches out to you unsolicited they are likely buying your information from third parties. This is a HUGE red flag. We recommend only working with companies you’ve done your research on, not companies who call you and pressure you into business just like the timeshare salesmen.
Honest Timeshare Companies
After reading about all of the timeshare cancellation scams we listed above, you may think there is no way to find an honest timeshare cancellation service. Although the task is daunting, our team of experts have taken on the burden to prove there are in fact legal and honest timeshare cancellation services out there.
A big factor is making sure the company has an in-house team with a proven track record. In order to acquire the skills needed to cancel a timeshare, you need to have precise knowledge of the timeshare industry.
One of the pioneers of the timeshare cancellation industry, Chuck McDowell, was a timeshare salesman before realizing the way he was selling timeshare was dishonest. Wanting to help people and undo his wrongs, Chuck started Wesley Financial Group, LLC in 2011.
Wesley Financial Group specializes in complete timeshare contract termination and timeshare debt elimination to individuals and families that have experienced fraud, misrepresentation, and/or lies during their timeshare sales presentations. They do not outsource to lawyers, or attempt to rent or sell timeshares. They work to completely terminate the timeshare contract.
To date, Wesley Financial Group has helped over 13,000 families cancel their timeshare, and continues to help hundreds of families each week. With a 98% success rate and a 100% money back guarantee if they don’t cancel your timeshare contract, Wesley Financial Group has proven to be an honest timeshare cancellation company.
If you are ready to take the next step and cancel your timeshare, feel free to give us a call. We will make sure you qualify for our timeshare cancellation services before ever taking you on as a client. We have a 98% success rate and a 100% money back guarantee. We want you to feel secure and comfortable when working with us to cancel your timeshare.
To see if you qualify, call (800) 425-4081.