Buyer Beware! 3 Timeshare Traps to Watch Out For For decades, the timeshare industry has made pie-in-the-sky promises to consumers, hooking them into lifetime contracts that leave far too many customers feeling ripped off.
Category: Timeshare Information
A Guide to Earning Passive Income by Renting Your Timeshare
Timeshares are great for people who want to spend their vacations at a nice place without spending too much. Even though timeshares have their own risks and cons, they are still pretty popular. In fact, a record number of timeshare owners say they are looking for a legitimate way to…
Do Timeshares Impact Your Credit Score?
A timeshare can certainly affect a person’s credit score. When you buy a timeshare, you’re owning a portion of the vacation property. The firm you buy the timeshare or finance the timeshare from informs all the credit bureaus about your payment details.
Fractional Ownership Vs. Timeshare: What’s the Difference?
Many people assume fractional ownership comes under the umbrella term of timeshares. However, this isn’t the case. Both are different property or asset ownership models. While they both allow “shared ownership,” and there are certain similar characteristics, there are differences well.
Alternatives to Consider Before Getting a Timeshare
Many people believe that buying a timeshare can help them plan and execute their dream vacations. After all, what could be better than knowing you have a place ready for your annual vacations? It sounds perfect, doesn’t it? Timeshares agreements aren’t as simple and generous as they’re made out to be….
4 California Residents Charged with Defrauding Elderly Timeshare Owners
Source: Central District of California SANTA ANA, California – Federal authorities today arrested four defendants charged in a 29-count grand jury indictment alleging they scammed dozens of timeshare owners out of more than $5 million by using boiler room tactics and lying that they could provide them financial relief. The…