7 Tips on how you can avoid a timeshare related scams

tips

TIP 1: Don’t agree to anything over the phone or email until you have the company checked out.

*In most cases a simple Google search will take you to forums or websites with a lot of information. Do a search on company name, telephone number, postcode or website.*

TIP 2: Ask for all information in writing before you make any kind of payment.

*Ask for a copy of the agreement, cancellation policy, cooling off period etc.*

*If you have to pay upfront, ask them as well which company is doing the charge to your credit card and get this in writing to proof the connection between them.

TIP 3: Contact us to find information: customercare@mindtimeshare.com

*Let us do the research or give you the information from our database*

TIP 4: Beware of companies that ask for a fee up front. They are not allowed by the Timeshare Directive.

*Apart from going against the Timeshare Directive, remember whatever they call the fee: liability, security bond, retainer etc. It is an upfront fee and should not be requested!*

TIP 5: Deal with registered companies only. Ask them for this information.

*A genuine company will be registered; will have a physical address not a post box, landlines not mobiles etc.

TIP 6: Be wary of a company that guarantees a success.

*If they are successful, you will find that on the internet, NOT on their website but on other forums and webs, so do your research or go to TIP 3!

TIP 7: Do not, under any circumstances, let the sales representative push you into a quick agreement by telling you that if you delay (to take time for your research, etc.) you’ll lose the buyer they already have lined up for you.

*Unfortunately there are no buyers lined up ever, and neither people paying money upfront for timeshare or memberships for which no papers are send out yet and the owner hadn’t been called yet..*

About mindtimeshare

Mindtimeshare SLU is registered Company reg number: B35957182 Mindtimeshare provides assistance to timeshare owners who have been defrauded by holiday clubs and bogus resale companies. The Mindtimeshare project was launched in February 2011. After dealing with timeshare members over several years who had been defrauded by numerous bogus companies and for large amounts of money, I considered launching an Organisation to help timeshare owners that have been targeted by bogus companies. On this blog you can find information about the different active scam companies and their “modus operandi” and also place comments, ask questions and see comments from other consumers who have the same doubts or have been through the same experience. Mindtimeshare has resulted in a huge success and has received the back up from not only timeshare consumers but also from the professionals in the timeshare Industry. Mindtimeshare helps timeshare owners who have been scammed by bogus Discount Holiday Clubs; bogus cash back companies; fraudulent timeshare resale companies; bogus class action companies and false lawyers and notaries. We offer professional answers and advice to Timeshare users. If you want to send an email instead of posting a comment on the blog please do so by emailing: customercare@mindtimeshare.com
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3 Responses to 7 Tips on how you can avoid a timeshare related scams

  1. Reblogged this on Mindtimeshare and commented:

    An article we posted in 2011, but the tips and advice are still very actual!

  2. Bryan Hodgson says:

    help.I have been contacted by R>S>Mediation re recovery of money from timeshare scam and are requested to pay a court filing fee they claim that this is necessary under spanish law

  3. Jon says:

    i was contacted by Visa Connect about selling my timeshare, sadly i saw this web site too late.
    I gave them my card details, 30 minutes later i was contacted by my bank’s fraud dept, but as i gave visa connect my details i was unable to cancel as they had already processed it, i was given another number by the bank to ring, i have to wait 30 days after the transaction appears on my statement then call them back, i told them it was a scam but due to me being stupid i have lost my money, is there anything i can do, the Visa Connect agreement has just been delivered,

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