Reese thought he was making a great, long-term investment for himself and his family when he purchased a timeshare. This turned out to be quite the contrary, as he quickly found himself in an unfathomable amount of financial debt. The following is a written account from Reese on how he was constantly deceived by his timeshare company and will hopefully caution you from making a similar mistake. Names of people and places have been changed and/or redacted for privacy reasons.
What Reese thought was an amazing deal at the time, was actually a part of the timeshare salespeople’s deceptive and manipulative tactics all along.
“I was offered a sizable discount at my resort and a $200 prepaid gift card if I were to attend a short timeshare presentation during my stay. I ended up being there for over two hours. By the time it finished, I was convinced that it was a good deal. I was told it would be cheaper than hotels and I’d be able to travel anywhere in the world, all along with being an investment for my kids.”
Like so many others, Reese fell for the bait. Although he may not have known at the time, what he signed up for was a financial burden unlike any other.
“This started out being a good idea, I thought, because it seemed affordable. But then I kept getting constant phone calls urging me to upgrade my timeshare to avoid missing out on my benefits. I made the mistake of upgrading twice before realizing I was just being smooth-talked out of more money. The credit card they pushed onto me during the presentation was maxed out and I owed close to $14,000, and that doesn't include the monthly mortgage and maintenance payments. It became a financial struggle and was no longer appealing to my family.”
By the time Reese realized what a mistake owning a timeshare was, he was not only in debt with the resort company but also with the bank institution of the credit card that was pushed onto him during the sales presentation. Stuck in this financial struggle, he knew it was time to make a change.
“I was not able to take advantage of the timeshare as much as I would've liked. Many of my preferred destinations were never available, and whenever I’d try to call, they would just try to sell me another timeshare. I was being charged monthly for it whether I was vacationing or not, and I knew I could find better alternatives that were much less expensive.”
After researching the timeshare cancellation industry, Reese finally reached out to us at Wesley Financial Group, LLC (“WFG”) to put an end to his timeshare for good. We were able to assist in relieving over $40,000 in timeshare mortgage debt and he is now happily living timeshare-free.*
If you know someone who could use our services, please pass along our phone number located below. We would be more than happy to see if they qualify.
*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 canceled within the time specified in the WFG Enrollment Agreement).
Wesley Financial Group, LLC, 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.