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Being Aware of the Next Big timeshare Scam

11/6/2012

6 Comments

 

How to Stay Informed

Timeshare Scams
Timeshare Scam
Timeshare scams are nothing new, and many would argue that they are what drive the entire industry. Many consumers accuse timeshare companies of running a scam on consumers in order to get them to even sign the timeshare contract at the presentation. This actually makes sense, because timeshare presentations are the number one source of fraud levied against timeshare resorts when owners want to get out of their contracts. It seems as though many consumers are told outright lies at a timeshare presentation in order to have new contracts signed. Salesmen uses bullying tactics and claim their timeshares are a wonderful investment, leading many to claim these are a scam in and of themselves.

Whether or not a timeshare presentation can be labeled a scam may be debatable, but timeshare resale scams are indisputable. This is a relatively new timeshare scam that has risen out of owners’ desperation and needing a way out of their timeshare contracts. Timeshare owners find it incredibly difficult to sell a timeshare because the market is flooded with unwanted properties. Furthermore, there is a great scarcity of buyers because many in the consuming public consider timeshares to be an outright scam.

Resale companies then come along and claim they can sell an unwanted timeshare with ease. The desperate timeshare owner forks over a large lump sum, and the company proceeds to do absolutely nothing. Once the money has been transferred, nothing needs to be done because there are very few contracts signed in these instances. The timeshare resale scam is nothing new, but it is the most recent and harmful timeshare scam today.

Being aware of these timeshare scams is a great way to avoid them and be prepared when you are presented with one. Once one is caught up in the timeshare scam, it can be very difficult to get out. Reading timeshare news and blog posts such as this one are a great way to prevent being swindled by the next big timeshare scam. Please contact us or leave a blog comment if you believe you are the victim of a timeshare scam.

6 Comments

Do Not Be Swindled by a Timeshare Scam!

10/31/2012

8 Comments

 

Arm yourself with Knowledge

The entire timeshare industry can be considered one huge scam. While this may seem like a very biased and overly exaggerated opinion, this statement has a very real element of truth to it. Timeshare resorts rope consumers into signing timeshare contracts through the alluring timeshare presentation. Once the timeshare contract is signed, there is no going back, and cancelling a timeshare can be a lengthy and hard-fought battle with the resort. While the hidden payments seem sleazy, and financial coercion is a horrible thing to endure, the timeshare contract is a legal document. So how exactly are timeshare companies conducting a scam on consumers?

The key to the huge timeshare scam is how the presentations are conducted. First of all, these presentations are scam in and of themselves, because they lure consumers in by offering a wonderful prize for attending a simple presentation. This seems innocent enough,but these meetings can be absolutely horrific. Often running much longer than promised, these timeshare presentations are filled with high-pressure sales tactics, misleading statements, and downright lies. Signing a legal document that can haunt you for years under false information can only be described as a scam. This timeshare scam perpetuates the entire industry, because if consumers truly knew how financially destructive the contracts actually are, very few would be signed. The entire thing can be classified as a timeshare scam, and one would be advised to avoid it altogether.

Getting out of the Timeshare Scam

Timeshare Scams
Timeshare Scam
The global timeshare scam is not an easy thing to escape from, but it can be done, and you have justice on your side. Because the contract was likely signed under false pretenses, the timeshare scam should be able to be undone. If this scam can be proven through explicit promises and fraudulent information received at the timeshare presentation, there is a way. With a strong will and a little help from a qualified company, you can defeat the timeshare scam.

While we are not one of these companies, we know a few that have great reputations and a long history of success in fighting timeshare scams. If you need some help in choosing the right company, please leave a comment or file a complaint about your own timeshare scam experience. It is time to fight back!

8 Comments

Are there RCI Timeshare Scams?

10/24/2012

10 Comments

 

Is RCI really a Timeshare Scam, or just a Misunderstood Company?

RCI Timeshare Services
RCI Timeshare Scams
RCI timeshare scams are very well known throughout the internet review boards, and we have received several complaints against their company as well. Resort Condominiums International is a very well-known and massive timeshare exchange company that is often accused of scams. With nearly 4 million members with affiliates all across the world, it is logical that there would be some unsatisfied customers. However, RCI timeshare scams are some of the most talked about online, so this deserves some serious research.

So, the question becomes: is RCI really running timeshare scams on consumers? If you believe internet consensus, yes. RCI has been the subject of consumer outrage and timeshare scam accusations for many years. Consumers complain that RCI offers outlandish promises, makes fraudulent claims, and tells lies in order to scam customers into using their timeshare exchange service. Many customers believe that they are signing into something wonderful that will produce great results, a service that actually produces some value out of their timeshare. However, once the contract is signed, RCI becomes just another one of many timeshare scams.

One recent review had this to say about RCI timeshare scams:

“They will say yes to all your questions and after you sign and begin to try to use your points, you will realize that it is next to impossible, that the answers to all your questions are lies, and you will have spent thousands of dollars on something that you will never use. Unless you are extremely persistent, and even then you will never be able to use your points to go to Europe in the summer. PERIOD.”

Apparently, the bulk to RCI timeshare scams relate to an inability to actually utilize their service, all the while paying through the teeth for it. Taking money and offering little in return is common for timeshare companies. It seems RCI is engaged in timeshare scams, just like the rest of the industry.
10 Comments

The Greatest Timeshare Scam of All

10/22/2012

3 Comments

 

Timeshare Scams in Plain Sight

Timeshare Presentations
Timeshare Scams
In the Timeshare Consumer Bureau blog, we outline many of the top timeshare scams of the day for our fellow consumers. We do this because these scams are rampant throughout the industry, and consumers’ rights must be protected. The best way to be protected against these timeshare scams is by being aware of what is going on beneath your very nose.

If you have dealt with the timeshare industry, it is highly likely that you already know how bad the industry’s scams can be. There are timeshare resale scams, timeshare exchange scams, and timeshare scams written directly into the timeshare contract. How can you not argue that ever-increasing hidden fees are fraudulent and running a major scam on the consumer?

We argue that the greatest timeshare scam of all is right in front of our eyes, yet so few seem to see it. This timeshare scam is one that affects nearly all timeshare owners in some form or another. This timeshare scam is simple, and is the main reason why the industry is allowed to function and perpetuate itself. I am speaking about the scam of the timeshare contract, and the conditions under which it is signed.

The Timeshare Scam of the Ages

The only way timeshare contracts are signed is due to some form of scam, which usually takes place at the timeshare presentation. Owners are legally forced to make huge payments to timeshare companies long after they have decided that they have been caught in a financial trap. If consumers knew how bad and dangerous timeshare contracts are, they would never sign them.

However, these are signed every day, and this happens because consumers are scammed at the timeshare presentation. Attendees are told lies, misleading claims, and deceitful sales pitches in a high-pressure environment. This scam allows for thousands of new contracts to be signed every year. The biggest timeshare scam of all is the signing of the timeshare contract, the basis of everything in the industry.
3 Comments

Timeshare Help not Always what it Seems

10/18/2012

1 Comment

 

Timeshare Resale Scams Preying on Timeshare Owners

Picture
Timeshare Scams
Timeshare fraud has been a cornerstone of the industry since its beginnings, but scamming those looking for timeshare help is a much more recent phenomenon. A highly profitable phenomenon that has gained so much traction, timeshare help has become an entire industry in itself. The business of offering timeshare help began as a noble idea. With many owners struggling, it made sense to launch a business that helps owners sell or get out of their timeshare contract. However, as more owners needed help, this industry exploded and became more and more diluted from the original groups that truly wanted to help timeshare owners. Very quickly, the industry began producing businesses that fully understood how desperate these timeshare owners were, and looked to take advantage of the situation. Now, we have an entire industry that preys upon those who are already reeling from sleazy timeshare resorts.

These fraudulent charlatans have infects a once proud industry that genuinely helped struggling timeshare owners. These companies make fantastic claims about how easily they could either sell their timeshares or help cancel the timeshare contract completely. Unfortunately, timeshare help scams either take the money and run, or do very little to remedy the situation. Owners can find themselves even worse off than before, and as the months turn into years, they realize that this organization was not offering any real timeshare help at all. Every desperate owner should be aware of this scam, and must do their homework if they want to find real timeshare help. Becoming a victim of a timeshare help scam is a lot easier than many owners think.

A Great Indicator for Timeshare Resale Scams

Timeshare resale scams have become the largest portion of this industry, and a great way to tell if a resaler may be trying to defraud you is by the way they approach the market. The salesman at the timeshare presentation likely made claims that you would be able to easily sell if the time came, but the reality is very different. The market for timeshares is extremely depressed, and even with a legitimate timeshare resale company, this process can take a very long time. Be very wary of any company that claims they will be able to easily sell your timeshare. This is a huge red flag for a timeshare resale scam. A resale company that will truly help you sell a timeshare will be more forthright about the realities of the market. Far too many timeshare owners have already been scammed when they were simply looking for timeshare help against a gargantuan industry, one with no signs of slowing down. Timeshare Consumer Bureau will always do everything we can to keep you informed and up to speed on the latest trends in the timeshare scamming business.
1 Comment

Timeshare Fraud Everywhere You Look

9/17/2012

1 Comment

 

Prevalence Of Timeshare Scams and Fraud Unprecedented In Business 

Timeshare fraud has become so widespread, the consuming public is largely aware and accepting of its existence. We fully understand that we are not telling you something you don’t already know. Our reviews, blog, and news articles are to provide you with valuable advice and insights into the specifics of timeshare fraud. Even more importantly, this advice is meant to be used to avoid the pitfalls of timeshare fraud at all costs.

We mentioned the rampant prevalence of timeshare fraud in this industry, so much so that the public knows that there is a problem. What’s worse is that this timeshare fraud is so bad, it is not only synonymous with the industry, but accepted as an existing evil. The world should not stand for timeshare fraud simply because it is so widespread that people feel powerless to change it. This is how new timeshare contracts are signed, new customers are created everyday, and the great fraudulent scam of our time is perpetuated. 

You are Not Powerless Against Timeshare Fraud 

Timeshare Fraud
Timeshare Fraud
This feeling of helplessness due to the scope of the industry and the infection of it by timeshare fraud is not uncommon. However, it is a myth, and we are here to tell you that there are many things you can do to fight back against timeshare fraud. You can leave a review with us on a specific resort, warning others to stay away from them, subsequently hurting their business. You can file a timeshare complaint with us, and our team can offer you advice on how to move forward against the perpetrators of timeshare fraud. There are many companies that will legitimately help you get out of a timeshare contract, especially in cases of fraud. We have a list of these companies and can provide excellent referrals. Please do not feel defeated by timeshare fraud. Stand back up for your rights! 

1 Comment

Timeshare Scam Advice #1

9/12/2012

2 Comments

 

Don’t Set Foot Inside Of a Timeshare Presentation 

You are probably saying to yourself, “I know timeshares are a scam, why should I be afraid to attend a simple presentation?” The logic seems sound enough. If you are mentally equipped beforehand, why couldn’t you avoid a timeshare scam? You are likely an intelligent person with a good amount of personal fortitude that should be able to resist a salesman's advances when it’s clearly a timeshare scam they are selling you.

However, this is exactly what so many current timeshare owners thought when they walked into the ultimate timeshare scam: the presentation. We have provided tips in the past on how to avoid this timeshare scam if you decide to actually intend to attend one of these presentations. We certainly hope this has not lulled anyone into a false sense of security and, in turn, signed a timeshare contract. We wouldn’t be able to live with ourselves! In reality, the only way to be truly safe from this gargantuan scam perpetrated by the timeshare industry is by not participating at all. The allure of a free weekend or marvelous prize may seem extremely tempting, especially when there are “no strings attached.” Flat out, this is a timeshare scam, and it has trapped many intelligent consumers before you. 

Timeshare Presentations are Extremely Dangerous 

Timeshare Presentations
Timeshare Scams
The abilities of timeshare salesmen cannot be overestimated. Their ability to sell a timeshare scam is sensational, and also downright despicable. If you ever read reviews of timeshare presentations, you know how harsh and brutal they can be. Attendees are crammed into a sweltering room, badgered to no end, and told lies for hours, and many are successful in selling their timeshare scams. These are experiences that no one wants to face, but the experience of being trapped in the scam of the timeshare contract is even worse. 

2 Comments

The Most Common Timeshare Scams

9/10/2012

1 Comment

 

Resale Scams On the Rise 

Timeshare Scam
Timeshare Scams
Anyone close to the timeshare industry knows that it is wrought with fraud and rampant with timeshare scams. Most new contracts are signed because consumers are bullied and pressured, even if consumers know they may very well be lured into a timeshare scam. There are many different timeshare scams with different methods and effects on the consumer.

By far the biggest timeshare scam is simply the fraud that occurs at timeshare presentations. Salesmen tell outright lies in order to persuade innocent attendees to sign away their financial freedom and future. Consumers are told that they can sell their timeshare with ease, that timeshares are a great investment, that the contract is a very low-risk document. All of these are lies, and perpetuate the majority of recent timeshare scams. This is the essence of the entire timeshare industry, in effect making the entire business a timeshare scam. This is a sleazy practice and causes many families financial devastation.

A more recent and very popular timeshare scam involves timeshare resale companies. There is a huge market for resale companies, as many timeshare owners eventually realize they want to get out of their timeshare contract. This timeshare scam works by promising to help struggling timeshare owners in selling their timeshares in a very depressed market. Owners are looking for a last resort, and tend to trust the resale company as their only hope. The timeshare scammer then takes the money upfront and then leaves the already hurting timeshare owner high and dry.

These timeshare resale scams defraud owners when they are already hurting financially, the very people they swore to help. Timeshare scams are not uncommon, but they seem to be getting worse by the day. If you are looking to sell your timeshare, please do research on the resale company and never offer money upfront. We suggest avoiding resale companies altogether because of the high number of timeshare scams. A service company that will help you legally cancel your timeshare contract is often the better course of action. In any case, always be aware of timeshare scams, because they plague every aspect of the industry. 

1 Comment

Florida Governor Signs the Timeshare Resale Accountability Act

8/24/2012

1 Comment

 

A Breakthrough In Bringing Timeshare Scams To Justice 

Timeshare News
Florida Timeshare Scams are In Trouble
Florida which has been wrought with timeshare scams and fraud for many years, has finally taken a bold stance against these injustices. While this occurred in June, many timeshare owners are not aware of the law’s recent passing, and should be notified that this is wonderful, unprecedented progress against an industry that has scammed timeshare owners for years.

Florida Governor Rick Scott held a prominent ceremony to celebrate a stance against timeshare resale scams, and many ecstatic timeshare owners were in attendance. The American Resort Development Association (ARDA) has applauded the move against all those who seek profit by taking advantage of timeshare owners who have been scammed once, and should never be again.

The timeshare resale business is a bloated industry that has ironically become an entity that preys on the very consumers that they were formed to protect. Many timeshare owners want to sell or get out of their timeshare, and this industry was formed to help them overcome the titanic timeshare businesses and resorts that have placed them in a financial prison. However, deceitful scams have emerged that take advantage of this desperation and make bold claims and grand promises to this effect. This, in turn, allows them to make massive profits from already suffering timeshare owners while offering no actual help in return. It is a dastardly timeshare scam that has become much too prevalent.

The Timeshare Resale Accountability Act forces these companies to be much more transparent, drastically reducing the ability of these timeshare scams to surface. A few of these stipulations include the right for timeshare owners to get out of resale contracts, forces resalers to disclose all terms and conditions explicitly, and enforces harsh punishments upon any resale company that has engaged in underhanded tactics. This greatly boosts the ability of timeshare owners to recognize they are being scammed while discouraging any potential scammers from attempting to make a profit from the misery of those lured into timeshare contracts. June 25th, 2012 was a great day for Florida, and a devastating one for timeshare scams. 

1 Comment

Recognizing Timeshare Scams

7/23/2012

1 Comment

 

Avoiding the Pitfalls of Timeshare Ownership 

Picture
Timeshare Scams
For timeshare owners who have already signed a timeshare contract, this is well known advice and a great warning to all consumers. Before getting involved with a timeshare company, consumers must use the greatest precaution. The timeshare industry has a very long history of fraud, misrepresentation, and are known as some of the biggest scams of modern history.

Timeshare scams begin with an innocent consumers being lured into a presentation with the promise of a wonderful gift. The timeshare presentation is often much longer than advertised, and attendees are bullied, pressured, and lied to just so timeshare salesmen can force a signature of a contract. The timeshare scam is in full effect, and there is very little a timeshare owner can do. It should be noted, however, that within the first few weeks of signing a timeshare contract, a new owner can null the agreement and be free of the scam immediately.

The final stage of timeshare scams comes in the form of hidden fees, drastic increases in payments, and maintenance costs. The entire goal of timeshare scams is this stage, when timeshare companies force owners to pay their fees because they have a legally binding contract. Timeshare scams can be financially traumatic for families, and must be avoided at all cost.

There may be some situations where timeshares are not scams, and can actually work for investors. However, this is nearly never the case. The entire timeshare industry was designed as a scam, and, unfortunately, a fairly legal one. However, there are ways to fight back against timeshare scams, and the first step is asking for help. Timeshare Consumer Bureau is here to strike back against timeshare scams, so submit a review or complaint today! 

1 Comment
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