How to avoid Timeshare Exit Scams
Timeshare Exit Scams: What to look for
BBB Accreditation
We recommend only working with BBB Accredited Timeshare Exit companies
Transparent Business Practices
Look for transparent business practices. If the company you are looking into feels like they have a sales process similar to a timeshare company, then it probably isn't the best option.
No Hefty Upfront Fees
We always recommend avoiding any company that wants thousands of dollars upfront. That's usually sign of bad things to come.
Standardized Pricing
We recommend only hiring companies that have open and honest pricing practices.
Physical Office
Do an internet search to check out their physical address. Take it one step further and search that address to make sure it isn't a Registered Agent or Virtual Office.
Money Back Guarantee
Make sure your contract has a Money Back Guarantee so that you're protected.
What to avoid
Exorbitant Upfront Fees
At all costs avoid any company that wants thousands of dollars upfront.
Non-standardized Pricing
Avoid companies that cannot quote a pricing standard or have a fair pricing system.
Companies who claim to have a lawyer that will represent you
No company can work as an intermediary between you and a licensed attorney. If you want to hire an attorney, then simply hire an attorney. Do not pay a 'middle man' to get you representation.
No BBB Accreditation
No Physical Office
It's easy to make a website and look the part. It's a lot harder to actually provide the timeshare cancellation service. Any company who claims to be in the timeshare cancellation industry would need physical offices to do so.
Unsolicited Telemarketing Calls
Any reputable company will not 'cold call' you.
Dinner Parties or 'Owner Update Meetings'
The shadiest of all companies travel around and host dinner parties trying to get your money and run. Don't fall victim to this scheme.
Travel Clubs
Some of the timeshare exit companies offer a travel club service. From our research 99.99% of these travel clubs are scams. Avoid them at all costs.
Faceless Company
If you cannot tell who the owners are and who works for the company, it's usually a bad sign.
Too Good to Be True
Some unscrupulous companies will tell timeshare owners anything to get the business. They will make promises that cannot be kept and then run off with your money. They might say they can cancel your timeshare in weeks or several months. They might guarantee you will be refunded. Don't become a victim because you are being told only what you want to hear.
Best Practices
Do your research
Look into several companies and research the reviews, their offices, and make sure you can tell who owns the company.
Take your time
There's no rush to hire a timeshare exit company. Don't rush the decision. Take your time to find the right company for your family.
Get several options
There's no harm in shopping around and getting several options to find the right fit.