The 84,000 points were paid for, no loan. There was 116,000 bonus points.
First - We have not converted our Shell points to CWA, we bought the 84,000 to have the option to convert and achieve the higher status. Also when we asked if we could convert without buying more points, we were told - NO. I now know that was a lie.
Importantly, There is a separate letter that states, that "upon completion of the system you will have the opportunity to enroll eligible points into the Club Wyndham program". A representative will contact you gaining our approval to enroll". "It is anticipated this will occur in early 2020".
Interestingly, that separate paper also states that once enrolled, "You will still have the ability each year, during a certain advanced reservation window, to use your shell vacation club timeshare for reservations to Shell Vacation resorts" and it goes on to state that we can use them for all of the Wyndham options. So it does look like it is a combination program.
That is what I see on the papers and it is my understanding of the conversion process. So, it is not an automatic conversion.
In that letter there is a $189 processing fee associated with the enrollment. Since we have 4 Shell contracts, that would be almost $800.
The final note states "As we update our systems to support this enrollment, we be sending information concerning the enrollment etc".
Second - Grammarhero's analysis of moving Shell points to Wyndham is what I suspect happens, but what about unsold inventory? Which further suggests that the process of gaining Shell inventory may take some time. It is also not what we were led to believe in the presentation. Half truths are more effective that straight out lies and may help the sales person to sleep better at night.
As I said before, we have been and stayed places that we would not have without the timeshare but with age approaching and children not wanting to assume this contractual burden, it is time to move on.
This website and your willingness to provide knowledge is a big help. I hope that I have contributed to that knowledge base. Thanks for all of your input. I will keep you abreast of what is happening solely for the purpose of helping others to understand the situation they are in. We look forward to getting out of this but we also have enjoyed the places we have stayed.
This is a developing process.