Dave Ramsey and Timeshare Exit Team

["Roger"]

InvetmentNews has an opinion piece chastizing Dave Ramsey (a religious radio host) for endorsing Timeshare Exit Team that is the center of a lawsuit by the AG of Washington state. I will post a link below, but the article is behind a modest firewall. One must register for free to see the article. (I have not registered but read the article on an alternative news site.)

Sadsly the article point out that an endorsement from Ramsey will gain many followers. Timeshare Exit Team charges between $3,000 and $9,000 and promises a money back guarantee. The AG claims that the company regularly has denied refunds. (No surprises here for experienced TUGGERS.)

Link

 

[Shankilicious]

I'm a big Ramsey follower and I sent him an email about this a while back after reading the terrible reviews and complaints against timeshare exit team.

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[RX8]

Related thread

Timeshare Exit Team going down

https://www.atg.wa.gov/news/news-releases/ag-ferguson-files-consumer-protection-lawsuit-against-bellevue-timeshare-exit Sent from my SM-A505G using Tapatalk

tugbbs.com

 

[buzglyd]

I will bet other than reading the copy, Ramsey has no idea what the Exit Team is. These spots are likely booked by Clear Channel and the Exit team pays the talent to read the spots live rather than play a pre-recorded spot. It makes it sound more legit and the advertiser knows that. If you think these hosts vet their advertisers, you are mistaken.

 

[1Kflyerguy]

I will bet other than reading the copy, Ramsey has no idea what the Exit Team is. These spots are likely booked by Clear Channel and the Exit team pays the talent to read the spots live rather than play a pre-recorded spot. It makes it sound more legit and the advertiser knows that. If you think these hosts vet their advertisers, you are mistaken.

I agree. I listened to a fair bit of talk radio, and they on air talent read many ads. Its rare, but sometimes i have even heard them read ads that contradict something they previously discussed on air.

 

[buzglyd]

I agree. I listened to a fair bit of talk radio, and they on air talent read many ads. Its rare, but sometimes i have even heard them read ads that contradict something they previously discussed on air.

I was "talent" in broadcasting for five years. You read what they put in front of you.

 

[dayooper]

I was "talent" in broadcasting for five years. You read what they put in front of you.

Now I’m curious. Not asking you to be specific, but in what general area were you a talent in? Music? Sports? News? Advice?

An actual talent here on TUG!

 

[buzglyd]

Now I’m curious. Not asking you to be specific, but in what general area were you a talent in? Music? Sports? News? Advice?

An actual talent here on TUG!

I was on air playing music in the beginning and then I transferred over to TV ( apparently I didn't have a face made for radio) and was a TV news reporter and anchor. It was a LONG time ago.

 

[dayooper]

I was on air playing music in the beginning and then I transferred over to TV ( apparently I didn't have a face made for radio) and was a TV news reporter and anchor. It was a LONG time ago.

Very cool. My radio claim to fame was I was in the studio with a friend as he was on the air. He said the wrong song and in a low voice, I made some sort of snide remark to him. He cussed at me while he was on the air. It was college radio at 2:00 AM (after a bar trip) and I don’t think anybody was paying attention or even listening. He was so mad, but didn’t kick me out of the studio. Nobody ever said a word about it and he continued being a radio talent for the remainder of his time at NMU.

 

[buzglyd]

Very cool. My radio claim to fame was I was in the studio with a friend as he was on the air. He said the wrong song and in a low voice, I made some sort of snide remark to him. He cussed at me while he was on the air. It was college radio at 2:00 AM (after a bar trip) and I don’t think anybody was paying attention or even listening. He was so mad, but didn’t kick me out of the studio. Nobody ever said a word about it and he continued being a radio talent for the remainder of his time at NMU.

I had that happen to me and thankfully it was late night. It wasn't college radio either. I had a bad shift where carts weren't qued properly and records kept skipping or were misplaced. I finally put on a record and the needle jumped backward and I sat there with dead air. I whispered out a F#$K and then looked up and noticed the red on air light was still on. Fun times!

 

["Roger"]

Sorry, I did not realize that there was a somewhat related thread on this.

As far as Ramsey just reading a script, in response to the InvestmentNews piece, Ramsey has doubled down and sent out this tweet ...

"Proud to endorse Time Share Exit as long as SCUM like Diamond Resorts continues to RIP OFF the consumer, break laws, and provide crummy products. NO ONE needs a horrible Time Share" (Emphasis added)

 

[buzglyd]

not a surprise that Ramsey came out in favor of the entity that is sending him thousands of dollars vs. the entity that sued the Exit Team. I'm not defending Diamond but I doubt that Ramsey has every reached out to TUG for a comment.

 

[PigsDad]

Money talks.

Kurt

 

[bogey21]

Early on I liked Dave Ramsey. No longer. He sold out to the money...

George

 

[TUGBrian]

stick with clark howard =)

 

[Shankilicious]

Sorry, I did not realize that there was a somewhat related thread on this.

As far as Ramsey just reading a script, in response to the InvestmentNews piece, Ramsey has doubled down and sent out this tweet ...

"Proud to endorse Time Share Exit as long as SCUM like Diamond Resorts continues to RIP OFF the consumer, break laws, and provide crummy products. NO ONE needs a horrible Time Share" (Emphasis added)

Well, Diamond is rather crap.

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[buzglyd]

I can't understand Ramsey's appeal after you've listened to the show once. Every call is pretty much the same. People call in and describe their massive debt and then he tells them to pay it off. How many times can you listen to that?

 

[TUGBrian]

just saw a similar article come across my feed on this

Wall Street Cheat Sheet | AlphaBetaStock.com

Professional market research for conservative investors and financial advisors. We cover stocks, ETFs, mutual funds, and REITS with ACTIONABLE takeaways. Find the ALPHA, BUT Look at the BETA!

alphabetastock.com

 

[Shankilicious]

I can't understand Ramsey's appeal after you've listened to the show once. Every call is pretty much the same. People call in and describe their massive debt and then he tells them to pay it off. How many times can you listen to that?

There is a lot of redundancy but there are details in several of the situations that relate more to certain people. And his program (financial peace University) is amazing and a huge help to literally thousands upon thousands of people. He's the reason my wife and I are 32 with no debt except a mortgage. Even with two 2016 vehicles, motorcycles, retail Welk ownership (not Dave approved lol) etc and why we can pay cash for thousands of dollars of home improvements and all our other toys. Budget budget budget.

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[turkel]

I have listened to Dave Ramsey. There is some good in his advice. If he helps people save money so they don’t go into retirement broke I am all for it.

Grown ups should be able to take the good and leave the rest. Buyer beware in all things.

Most financial advisors think timeshares are bad. We on Tug feel otherwise.

 

[dioxide45]

While I agree with his view on Diamond, Ramsey doubles down on his endoresement of Timeshare Exit Team. If you watch at 4:33, he also mentions Wyndham is close to bankruptcy. Is he talking about the timeshare company that was spunoff or the hotel company?

 

[Iggyearl]

Dave is talking about WYND, which is a pure timeshare company. They used to be a part of WH, the hotel company. Now, two separate companies. Since this video was produced, the stock of WYND has gone up substantially. Not sure about his bankruptcy analysis. I think he is out on a limb with that.

 

[chapjim]

There is a lot of redundancy but there are details in several of the situations that relate more to certain people. And his program (financial peace University) is amazing and a huge help to literally thousands upon thousands of people. He's the reason my wife and I are 32 with no debt except a mortgage. Even with two 2016 vehicles, motorcycles, retail Welk ownership (not Dave approved lol) etc and why we can pay cash for thousands of dollars of home improvements and all our other toys. Budget budget budget.

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Income, income, income. You didn't acquire all that stuff with a budget. You need cash to buy it or to pay off the finance company.

 

[Shankilicious]

Income, income, income.

Barely over $100k annual bud. Gross. But jobs with full benefits help a lot.

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[chapjim]

Barely over $100k annual bud. Gross. But jobs with full benefits help a lot.

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And, no kids, I presume?