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RCI Settlement - Whatever happened?

N

Nolathyme

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When I Google RCI settlement, most of the references are what may happen in the settlement.

So..... has this settled completely?

Anything significant?

I read that people got $20.:cheer:

Can RCI still rent out owners deposited weeks?
 
tschwa2

tschwa2

TUG Review Crew: Veteran
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A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
Link

This is a link to a summary from Jennie who attended the court hearings.
Rentals are alive and well unfortunately. In addition I believe the concessions noted are only enforceable for a certain number of years. Hopefully someone will correct me if I misunderstood and after that time period RCI would be free to rent all deposits immediately without making anything available to exchangers. In addition no independent group was assigned to make sure RCI is doing what they were ordered to do. RCI is allowed to police their own activities.
 
WinniWoman

WinniWoman

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Innseason Pollard Brook
swj said:
When I Google RCI settlement, most of the references are what may happen in the settlement.

So..... has this settled completely?

Anything significant?

I read that people got $20.:cheer:

Can RCI still rent out owners deposited weeks?
Click to expand...

I got a $20 credit, which I am never going to use since I am not renewing my membership.
 
Timeshare Von

Timeshare Von

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After 40+ years of T/S ownership, I am no longer "an owner"
mpumilia said:
I got a $20 credit, which I am never going to use since I am not renewing my membership.
Click to expand...

I'm not proud . . . I used mine when we booked our exchange into Ireland for this coming April.
 
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