We all love vacations and tropical destinations, but before you commit to a timeshare or hire a timeshare exit company, the BBB has a warning.
"I'm still on the hook for the money, but I have no more of the benefits of the timeshare," Juaquin Becerril said.
He paid nearly $5,000 to a timeshare exit company which they said did absolutely no work and then abruptly closed shop.shows that the Becerrils' complaint is one of 30,000 about the industry in the last 3 years, costing consumers more than $32 million. "If someone is high pressuring you, that is the tipoff to the rip-off. You should never feel you are high pressured into buying anything," Bernas said."Consumers need to do the research, not only on the company but the timeshares itself," he advised.
The American Resort Development Association, which represents the timeshare industry, said an independent 2022 report shows 90% of timeshare owners are happy with overall ownership experience. The group added that it helped to launch a responsible exit program to provide resources for consumers to get out of timeshares in a safe legitimate way."Shame on you. Taking advantage of people looking to maybe who have buyer's remorse, but shame on me.
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