I'm glad to have found a site on timeshares that doesn't seem to be out to deceive people.
My wife and I went against our instincts back in 2006 and bought into a timeshare in a sales environment we were not ready to handle. It was our first family vacation coupled with the fact we were just getting on out feet financially and being a young family who was still oblivious that many people will make a buck off you at no end made us prime targets for a high pressure sales pitch.
I really do feel we were deceived by the timeshare company, during the presentation and tour we were under the impression we were getting one thing and got another. All our questions were directed to the belief that we were getting a particular unit and much more flexibility than we actually have and we only learned about all the true costs that we were told were inclusive once we tried to use the timeshare well past the grace period to opt out of a contract.
When it came time to the contract I know we made the mistake of taking their verbal affirmations and signed a contract that was very different from what they told us. I know we should have read it, lesson learned, but I don't believe it is OK to prey on people in this way.
So we've tried to make the best out of a bad situation and have gone on two more family vacations with the timeshare, but after being scammed again by timeshare-support / timeshare-answers / Integrity Marketing I've had enough of the industry.
I've removed pre-authorized charges from the timeshare company for my monthly payments and have fallen behind by one payment and am now being phoned every other day by the company to arrange payment.
I know it isn't good for my credit rating, but if I continue to pay my other debts will my credit rating be so ruined that I won't be able to secure a mortgage in the future?
Also can the company or a collection agency acting on their behalf take payments directly from my bank account or seize any assets (my house)?
Thanks in advance for your input on this and thank you to Brian Rogers and his TUG team for making this site where you can have legitimate sales, rentals, trades and most valued to me advice from people who understand the timeshare industry.
PS Our timeshare is in Florida we are located in Canada.
My wife and I went against our instincts back in 2006 and bought into a timeshare in a sales environment we were not ready to handle. It was our first family vacation coupled with the fact we were just getting on out feet financially and being a young family who was still oblivious that many people will make a buck off you at no end made us prime targets for a high pressure sales pitch.
I really do feel we were deceived by the timeshare company, during the presentation and tour we were under the impression we were getting one thing and got another. All our questions were directed to the belief that we were getting a particular unit and much more flexibility than we actually have and we only learned about all the true costs that we were told were inclusive once we tried to use the timeshare well past the grace period to opt out of a contract.
When it came time to the contract I know we made the mistake of taking their verbal affirmations and signed a contract that was very different from what they told us. I know we should have read it, lesson learned, but I don't believe it is OK to prey on people in this way.
So we've tried to make the best out of a bad situation and have gone on two more family vacations with the timeshare, but after being scammed again by timeshare-support / timeshare-answers / Integrity Marketing I've had enough of the industry.
I've removed pre-authorized charges from the timeshare company for my monthly payments and have fallen behind by one payment and am now being phoned every other day by the company to arrange payment.
I know it isn't good for my credit rating, but if I continue to pay my other debts will my credit rating be so ruined that I won't be able to secure a mortgage in the future?
Also can the company or a collection agency acting on their behalf take payments directly from my bank account or seize any assets (my house)?
Thanks in advance for your input on this and thank you to Brian Rogers and his TUG team for making this site where you can have legitimate sales, rentals, trades and most valued to me advice from people who understand the timeshare industry.
PS Our timeshare is in Florida we are located in Canada.
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