Although many people might think that everything that can be said about ITRA (International Timeshare Refund Action) has already been said on this blog, we still found a new angle to their dubious services.
Timeshare consumers are cold called by ITRA (International Timeshare Refund Action) and invited over to Spain, to their offices in Calle Isla Gomera 5, 29640 Fuengirola. That we know already, and we also know they are presented with the possibility to joining Class Actions against their Timeshare Company and / or RCI the exchange company.
Obviously business isn’t that blooming anymore and with modern technology, people inquiring on the internet before saying yes to an invite and the amount of companies around promising the moon and taking money from innocent timeshare consumers, all together doesn’t make life easy for ITRA (International Timeshare Refund Action)
So not only does ITRA now present the possibility of the Class Action to the consumers, they also make them aware of an additional service they provide; the timeshare disposal.
Just think about the continue changes of role from ITRA over the past years. First they were ITRA as in International Timeshare Resale Association and their main member was ETOO, then they changed to ITRA as in International Timeshare Refund Action where the consumer could change of ownership to Club Class with trade in of timeshare membership and join a Class Action against the resorts or a Class Action against RCI…and now, the disposal service!
Of course, in order to convince the timeshare consumer about the need to dispose of their timeshare through ITRA they kindly make them aware of the fact their holiday club won’t accept a disposal directly from them, or would charge at least 10 years’ worth of fees to do this. They also use the perpetuity story ready where the timeshare owner is told his timeshare will pass on to the children after they are gone and the children will be paying their debts on the timeshare forever, and other horror stories of this kind.
For this service ITRA charges around the £5000 of which the consumer pays a deposit of around £1000 on the day and the balance afterwards.
The fact that ITRA uses stories to create a fear in consumers, the fact they even accept the disposal of the timeshare when not all owners on the deeds are present or have signed for this, and the fact they take a deposit on the day with no cooling off at all, makes us believe that ITRA must be getting quiet desperate to get some money through the doors.
Needless to say that in a short period of time we have received numerous complaints from consumers who fell into the disposal trap of ITRA and paid the deposit or even the balance and found themselves with the timeshare remaining on their name, the deeds gone as they were handed over to ITRA and ITRA? …well ITRA doesn’t pick up the phone once they have the money in.
Before you go to a meeting from ITRA (International Timeshare Refund Action), before you even consider taking up their services, please talk to your resort about the possibilities of solving your problem directly with them.
Or alternatively write us an email to firstname.lastname@example.org or place a comment on the blog.