Consumers who are trying to get out of a timeshare contract should avoid timeshare cancellation companies. These companies often rip off consumers out of thousands of dollars. They are also risky for the consumer because they can ruin their credit, damage their loans, and even cause foreclosure. But the most dangerous thing about cancellation companies is that they don’t offer a legitimate way out of timeshare contracts. In fact, the only way to legally exit a timeshare contract is to contact the developer directly.
Unsolicited phone calls
Although you may have heard of unsolicited phone calls from timeshare cancellation companies, you should avoid them. These phone calls are usually bogus. They claim to be affiliated with the timeshare company or resell company, and promise to take care of the process for a small fee. These calls are a scam, and you should never pay up front for anything.
You’ve probably come across advertisements for timeshare cancellation companies on major media. These advertisements promise to cancel timeshare contracts and offer full refunds if the services are not up to par. Many timeshare owners assume that this money-back guarantee will protect their ownership. Unfortunately, it can be a recipe for disaster.
Promise of a full refund
Timeshare cancellation companies promise a full refund if they are successful in helping you get out of a timeshare. This is not necessarily the case, however, because the rules are constantly changing. It’s a good idea to get the details of your timeshare contract before signing anything. A good example of this is Wesley Financial Group, LLC, which has been around for 10 years and has canceled more than 16,000 timeshares.
ARDA code of ethics
If you’re considering a timeshare cancellation service, look for one that adheres to the ARDA Code of Ethics. The ARDA is a governing body in the timeshare industry that works to protect consumers by providing transparency and ethical practices for the industry. ARDA-ROC member companies are obligated to only contact owners after a request is made. They also have programs and services to help protect consumers’ assets.
EZ Exit Now
The EZ Exit Now timeshare cancellation company claims that they can help you get out of your contract quickly. This is a very popular claim, and there are many people who have had success with this company. They say that they can give you peace of mind and freedom. They’ve been in business since 2013, and their corporate office is in Houston, Texas.
There is a chance that you own a timeshare with Diamond Resorts, but it is vital that you get out of the contract as soon as possible. The process is complicated, but if you catch it in time, you can save thousands of dollars. are timeshare cancellation companies scams.