Having just went through this exact thing at another resort I'll try and help the best I can. Firstly, you're correct in thinking 68k points will get you very little, not even a 1 bedroom full week in the value season. The good new is that the rescission process is fairly simple. Read your contract and make sure how long you have, most say that it must be postmarked by 7 or 10 days (I'm not sure at Bonnet Creek). After that just simply send them via certified mail (to make sure they sign for it) your rescission letter (the address is in your contract). I found one on the forums here and just filled in my information. Just make sure that the person or persons that signed the contract sign it. Here's what mine looked like.
June 10, 2017
Attention Customer Service,
The purpose of this letter is regarding the required cancellation of my timeshare contract. My name is xxxxxx and I purchased a timeshare with Wyndham Vacation Resorts, Inc. on June 5, 2017. Per the contract regarding this timeshare, I am contacting you within the rescission period in order to cancel this timeshare contract.
I wish to cancel this agreement immediately, Contract Number: xxxxx-xxxxxxx, dated June 5th, 2017. Please provide me with a written response showing you have received this letter within the rescission period. Additionally, please inform me if any additional information is needed.
Timeshare: Wyndham Vacation Resorts, Inc.
Owner:
Contract Number:
Member Number:
Date of Purchase: June 5th, 2017
Thank you for your time.
Sincerely,
It's honestly as simple as that. In just a couple of days I received notice that my letter had been signed for, and within about a week and a half all payments were either returned to my bank account / loan wiped out. So don't stress, you can still correct this. You've come to the right place, as I've found over the last month. I hope this helps.
Edit: Here's the address we sent our rescission letter to.
Wyndham Vacation Resorts Inc.
Account Servicing Operations - Rescission Department
P.O. Box 94443
Las Vegas, Nevada 89193