My take on all of this
Consolidating into the following categories, I think this covers it. Copied from earlier post by Roger830 and modified/added to.
POOLING. Canceled points not returning to the credit pool make current year points more than the amount owned.
STRIPPING. Points from stripped contracts left in the account don't equate to amount now owned.
ROLLING. Points rolled over from year to year by canceling into a different use year accumulate.
ACCOUNTING. Accounting discrepancies. Duplication of reservations when purchasing contracts and other system issues.
Whether we like any of these scenarios, think they are ethical, etc, or not is irrelevant. The effect, IMO:
POOLING – This is a Wyndham system issue. Isn’t this in effect Wyndham charging owners to extend the life of their points, then expiring them early (kind of a reverse ROLLING effect). Only person benefiting here is Wyndham. We pay to pool our points, only to have them expire 2 years earlier than they should.
STRIPPING. Allowed by Wyndham policies. We can borrow 2 years in advance and use the points. This has always happened. What I am seeing here is buyer beware. And for Wyndham to agree to take back stripped accounts is their own fault and they need to own that. We call it stripping if someone sells the account, but credit pooling and using the points is okay? Book wise isn’t it the same? As long as someone pays the maintenance, what’s the difference (again, buyer beware).
ROLLING. Rolling occurred for years. Wyndham was fully aware, it’s been discussed openly on tug . Sales used that it as a selling point to market a contract with a different use year to you for that purpose. Rolled points are paid for yet not yet used . Perhaps rolled points were somewhat offsetting stripping and/or pooling. Maybe we need to bring it back?
ACCOUNTING. Wyndham has struggled systematically as long as I’ve been associated with them. Our banks wouldn’t get away with making us liable if they were unable to balance our accounts. Wyndham has yet to be able to resolve very significant issues around point management/points accounting.
I am not justifying the suspension of accounts in any way shape or form. This sucks. However, auditing a moving target is a challenge. Perhaps suspending accounts gives Wyndham a little help in that area? That said, their track record is not good. If they can’t manage our points correctly, where’s the credibility of an audit?
With most things Wyndham, system issues are significant, changes are not well tested, process changes do not seem well thought out nor implemented across the board, and reactions are knee-jerk. The suspension of accounts appears to be a knee-jerk reaction to some very deep rooted, significant, long occurring issues at Wyndham.
Wyndham is the one changing the rules, we adapt. They shouldn’t be able to retroactively change the rules (keeping up moving forward is challenging enough). If I thought I thought I bought something for a $1, sold it for $2, you can’t go back and change my purchase price to $3.
They need a group of well-versed owner/users to help them out of this hole! They need to fix their systems. Policies and processes need to be implemented across the board and communicated to all departments.
In summary, my finger of shame points directly back Wyndham. They need to own up to their own inadequacies and stop trying to blame the owners. Buck up and take responsibility Wyndham.