Many timeshare cancellation companies advertise on the main media, promising to cancel your timeshare contract and give you a full refund if their services aren’t up to par. Many timeshare owners assume that this money-back guarantee will help them protect their ownership. Unfortunately, however, many of these companies don’t deliver.
To find a legitimate timeshare cancellation company, you should know what to look for. Legitimate companies will ask for power of attorney, negotiate directly with the timeshare, and keep you informed. Also, these companies will not sell, rent, or donate your timeshare.
Ways to Find Reliable Timeshare Cancellation Companies
If you are wondering about how to get out of a timeshare legally and how you can find some reliable timeshare cancellation companies, read this article and enlighten yourself.
Avoid Companies with a Poor BBB Rating
If a timeshare cancellation company has a poor BBB rating, you may want to avoid using them. The Better Business Bureau is a private organization, not the government, paying fees to be accredited. For example, Microsoft and Starbucks do not pay to be accredited by the BBB. Nonetheless, the BBB’s accreditation of a company does not mean it is a good company. So, before you hire a timeshare cancellation company, check the BBB rating and the company’s website check their reviews like Timeshare Freedom Group reviews.
Look for a money-back guarantee and an escrow payment option. A low-up-front fee escrow option is your best bet. However, not all timeshare cancellation companies have an online presence, so it’s important to do your due diligence. You can read reviews online to see how other customers feel about a company and try to avoid those with a poor BBB rating or no rating at all. Finally, look at the company’s history of success.
Avoid Companies with No Accreditation
Before choosing a timeshare cancellation company, you should do some background research and check the reviews like Timeshare Freedom Group reviews. The Better Business Bureau (BBB) is a valuable resource for consumers searching for a legitimate company. It has published profiles of accredited timeshare exit companies and non-accredited ones. It also uses the media to educate the public about timeshare cancellation scams. You should also be aware of unsolicited phone calls offering timeshare help.
Instead, call the timeshare company’s customer service number to verify. Another important step to take is to do a Google search for timeshare cancellation companies. It is easy to find these companies on the Internet. First, check if the Better Business Bureau accredits the company. Moreover, it would help if you were looking for a company that is a member of the Coalition or an ARDA. If they are a member of the Coalition or ARDA, they are bound by a code of ethics and offer safe exit solutions and programs for timeshare owners.
Avoid Companies with Misrepresentations
Beware of companies that make misleading claims when it comes to canceling timeshares. You can do it by checking their background and reviews like for a timeshare cancelation company – Timeshare Freedom Group reviews. While some companies are legitimate and specialize in this service, others are scams. Also, be careful of companies that advertise “100% success rate” and “secret proprietary methods” for canceling timeshares. These methods may not work and may leave you hundreds or even thousands of dollars worse off than before.
Consumer protection laws have made it easier for consumers to shop for their products and services. However, some companies have managed to circumvent these laws. For example, the U.S. Department of Commerce and Insurance released a report on timeshare fraud that revealed several scams and misrepresentations made by companies that offer to cancel their timeshares.
Avoid Companies with Intimidation
If the timeshare cancellation company you’re considering uses intimidation or sham tactics, it’s best to avoid them. These companies operate solely by scamming consumers out of their money. Their contracts are complex and unusually long. Plus, they usually require the buyer to sign them while on vacation. The good news is that most timeshare contracts have a rescission clause, which allows the buyer to back out of the deal within a few days.
Avoid timeshare cancellation companies that use intimidation or fear to convince you to sign an agreement that won’t allow you to back out of the contract. The problem with timeshare salespeople is that they’re often very persuasive, but they’ll still try to convince you to buy. They’ll also try to convince you to sign another contract that makes it impossible to sell your timeshare or cancel. Unfortunately, these contracts can be a minefield of red tape.
Wrapping Up
Before shopping for a timeshare cancellation company, it’s important to understand what to look for. It will help if you are looking for a legitimate company that can negotiate directly with your timeshare owner. Choosing a company that will keep you informed about the process is also important. Finally, it would help to avoid companies with bad BBB ratings, no accreditation, and misrepresentations.
By keeping all these things in mind, you will surely find the best timeshare company for you!
