Why Is It So Hard To Cancel A Timeshare?

Why Is It So Hard To Cancel A Timeshare?

Timeshare owners are left asking this same question every day. Innocent people are scammed into the timeshare industry by their highly skilled salespeople all the time and are left helpless with a useless vacation property they can’t get rid of. So why exactly is it so hard to cancel a timeshare? To keep it short, the timeshare resorts need you and they cannot afford to lose any more property owners because they lose money when they have empty units. 

In recent years, there has been another solution to emerge and that is through a new business industry, timeshare cancellation companies. Services provided by these companies aim to terminate timeshares completely and put an end to those nonstop payment obligations owed to your resort. Navigating through this new industry can be worrisome though, and there are important factors to consider when working with them. Firstly, let’s look into why timeshare companies are so set on entrapping their owners and making cancellation so difficult.

 The Timeshare Industry Can’t Afford To Lose You

Timeshare resorts have been around for decades and are thought to be viable options for families who love vacationing. While it sounds like a good idea at first and their salespeople will do everything they can to make you think that, purchasing a timeshare is a drastic long-term commitment that does not deliver on the results that are promised. Their salespeople are trained to sell, sell, sell, and never take no for an answer. This is because these resort companies need their units filled to make any money. 

When you purchase a timeshare, not only are you agreeing to pay the mortgage for this property until it is paid off, but you are also agreeing to pay the maintenance fees on this unit forever. This is how they make their money at the disadvantage of their own clients. 

What If I Quit Paying My Timeshare Company?

Many timeshare owners are left completely unaware of these maintenance fees by the salespeople and by the time they find out, there isn’t really anything they can do. You’ve probably wondered what would happen if you just up and quit paying your timeshare fees. This is not a good idea, as they will not disappear or go away. Timeshare resort companies are known to quickly report their owners who are behind on payments to collection services. If you quit paying for your timeshare and continue to ignore them, this could lead to a foreclosure for your property, which could be extremely damaging to your financial standing. It is best not to go this route when seeking a timeshare cancellation and instead look for another way.

Why Is It So Hard To Cancel A Timeshare?

Too Many Scams 

If you are a timeshare owner then you may have experienced a random phone call from someone saying they can resell your timeshare right now. If you have been ignoring these pesky attempts, keep it up. These are simply scam artists looking to take advantage of people in perilous situations and they should NOT be taken seriously. If they ask for any form of immediate payment, do not give it to them. The resale market for timeshares is a hazardous territory with too many legal issues affecting its legitimacy. 

So, what can you do?

Timeshare Cancellation Companies Make It Easier 

The answer to making timeshare cancellation easier is to work with a legitimate timeshare exit company. Finding the right one for you does not have to be difficult, but you must put in the proper research needed to avoid any fraudulent acts. A timeshare cancellation company will allow you to avoid working directly with your resort and without hiring a law firm. You will be assigned a group of specialists who seek out to protect and restore your consumer rights as a timeshare owner. They will work to terminate your agreement and any debt accumulated from it. With the right cancellation company by your side, you can finally wave goodbye to that timeshare.

Wesley Financial Group, LLC

This brings us to the most reputable and sought-after timeshare cancellation company, Wesley Financial Group, LLC. This exit company was founded in 2011 by a pioneer of the industry, Chuck McDowell, who after experiencing the deceit firsthand as a timeshare sales representative, turned around and began battling the timeshare resort giants himself. Since then, his company has assisted thousands of individuals and families in reaching timeshare termination and relieving hundreds of millions in timeshare related debt. Wesley Financial Group, LLC always keeps its clients in mind and hopes to undo the wrongs they experienced from the timeshare industry. 

The Wesley Way

Wesley Financial Group, LLC has figured out a cancellation process that works extremely well for them as they hold a 98% success rate. What’s great about this company is that they offer a 100% money-back guarantee for all clients, and so that small 2% who were unable to reach cancellation were fully compensated in return. This just shows you that this is an exit company you can trust. Need more evidence? Let’s go look at their customer reviews. Google, Trustpilot, or BestCompany–you name the site and WFG has an exceptionally high rating across all of them. Accumulated all together, they carry a 4.8 average rating out of 5 with over 1,500 reviews. Quite impressive and who better to listen to than their former clients?

Wesley Financial Group, LLC also shares to the public all of the personal testimonial videos they are sent from their past customers. If you’re interested in learning more about Wesley Financial Group, LLC, this is a great place to start and you can watch the videos here.

Summary

So what did we find out today? That’s right, timeshares are so difficult to cancel because of the timeshare companies themselves! If it was up to the timeshare resorts, you and your family would be stuck with the property for eternity. Wesley Financial Group, LLC offers a legitimate and premium service to those in need and it is guaranteed to make your cancellation process tenfold easier.

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