Can you trust a company when asking for a payment through MoneyGram or Western Union?

This is a general warning about making payments to any resale company!

Of course we will always insist that an upfront payment is illegal and against what is established in the Timeshare Directive but sometimes resale companies do charge a fee for example for publicity costs, or a small admin fee.

Please keep as a guideline that a genuine and legal company will NOT ask for any payment to be done through MoneyGram, Western Union or other payments to individual’s bank accounts.

Stay away from any company asking an upfront fee calling it retainer, security bond, liability, insurance, etc.

Stay away from those requesting Notary fees, translation costs or tax payments supposedly to the Spanish government but to an account under an individual’s name, which most of the time is an English name as well!

Payments by credit card are protected by the Consumer Credit Act 1974, but please be aware that requesting a refund is not like picking up the phone to your bank and getting the money transferred back to your account. Banks will ask for proof of mis-representation or breach of contract, and the companies who took the money will also be asked for their site of the story. So if anybody cold calls you and uses as part of the pitch that paying with credit card is not a problem as you are “protected” do not take this lightly and as a guarantee you are not taking any risk!!

Payments by debit cards can be claimed in a time period of 120 days of when the financial transaction took place. Debit Cards do not fall under the Consumer Credit Act 1974!

If you are about to make a payment, or the company you are dealing with is requesting a second or third payment for whatever reason, please check first!

Better be safe than sorry!

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:
This entry was posted in Tips & Advice, Warnings and tagged , , , . Bookmark the permalink.

1 Response to Can you trust a company when asking for a payment through MoneyGram or Western Union?

  1. Mike says:

    Can anyone tell me if selling data about members of Time share companies is illegal or not. These companies that cold call openly tell you if asked that they have bought the data from the ones that have gone into liquidation. If possible could anyone point me in the right direction on the WEB. What law covers this action if at all needed
    Many thanks

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