Deceptive advertising. False claims. Hefty upfront fees.
Timeshare exit companies continue to scam unsuspecting owners
using scare tactics and hollow promises. Many even claim to
have secret, proprietary methods that "guarantee" to get owners
out of contracts. But one company, in particular, is a repeat
offender — and they were recently held accountable again.
What's the story?
Holiday Inn Club
Vacations Incorporated recently secured a major win over
. The successful legal action exposed
Timeshare Exit Team's
harmful tactics with owners and
condemned the exit-industry's practice of baiting consumers
with misleading claims.
The American Resort Development
Association - Resort Owners' Coalition (ARDA-ROC) — which
represents over 1.5 million timeshare owners —
applauded the settlement victory
, stating "It defies logic
that Timeshare Exit Team claims to help owners when they
knowingly charge thousands of dollars in upfront fees and
actively block their customers from communicating with Holiday
Inn Club Vacations."Why does it matter?
"This outcome clearly demonstrates that Timeshare Exit Team
operates under a model of deception, preying on timeshare
owners by charging them a fee to exit their timeshare when
Holiday Inn Club Vacations offers this service without fees
through its Horizons program," said
, ARDA's VP of Regulatory Affairs and
General Counsel. How does this impact you?
When it comes to exiting
timeshare, the only racket you should encounter is on the
tennis court. And the only real solutions should come directly
from your timeshare developer.
Protect yourself. Remain vigilant
and be wary of too-good-to-be-true exit offers. And if you
think you've been unfairly taken advantage of or defrauded by
an exit company — view our information on
, and take
action to make contact with:
• Your state's
• The Attorney General in the state where the business is located
• Your local
or local law enforcement
• Your timeshare developer
Consumer Support Team: 1-855-939-1515