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[2018] So I want out. And don’t care about my credit.

BeckySmith

newbie
Joined
Apr 15, 2018
Messages
20
Reaction score
9
Points
13
Resorts Owned
Westgate Lakes V
So, have you stopped making payments? Have you cancelled this CC? Closed this account? I don't see how you can "sell" it since you are still making payments and do not own it out right. Cut your losses. And cut your ties. If it shows up on a credit check, explain it the way you did here - openly and honestly.
It sounds like you had good intentions. Not everything in life works out.
Yes I have stopped payments. And believe me I did have good intentions until I got home fully looked into it , made phone calls and realized it felt more like a scam than anything else.
 

saskskippy

TUG Member
Joined
Jun 24, 2017
Messages
13
Reaction score
1
Points
113
I would write them a letter stating you are rescinding based on fraud, and cite all the false things that they did and said that induced you into the contract, including the loan. Then stop paying, and don't communicate any further. No they won't take it back, and yes there are plenty of exculpatory clauses in the contract, but this will at least document the basis for your refusal to pay, and could provide ammo if they ever sue you, or you want to sue them for damamging your credit in the future.
We did this but we had a third party with us at the presentation when they checked this out we were refunded all of our money!
I would write them a letter stating you are rescinding based on fraud, and cite all the false things that they did and said that induced you into the contract, including the loan. Then stop paying, and don't communicate any further. No they won't take it back, and yes there are plenty of exculpatory clauses in the contract, but this will at least document the basis for your refusal to pay, and could provide ammo if they ever sue you, or you want to sue them for damamging your credit in the future.
 
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