Principle Travel Online buying your timeshare for their Travel-club…

careful

Principle Travel Online is a supposed Discount Travel Club who is buying Timeshare inventory for their members. They appear on the “scene” after a Timeshare owner has been approached by the company Chesterton Consultants for a resale of their timeshare. But after paying Chesterton Consultants a fee to complete the sale (an illegal upfront deposit), the sale falls through and a new buyer has to be sought.

And there you go, that will be Principle Travel Online!

This is not a new pitch at all, and we have seen this before happening in the past years with other dubious sales companies. But lately several companies have again started with this “modus operandi” and people need to be warned.

Again we are looking at a combination of several companies who seem to be passing the clients details on after getting money out of them, and certainly not complying with the services offered. Passing on the details, or they are simply the same people, sitting in a same call room but pretending to be “another company”.

Principle Travel Online has their pitch ready on how successful they are and how many people they are sending on holidays through their “oh so successful” holiday club. All the Timeshare owner needs to do is pay £1500 for a supposed Transfer Document that needs to be supplied by the resort and stamped at the Notary.

But who would not pay £1500 for a form if this will result in a Timeshare sale which will give the timeshare owner a substantial sum for his membership plus the refund of the money paid to Chesterton Consultants?

Contact details for Principle Travel Online are a phone number 0203 740 9450 and an email address principletravelonline@gmail.com which surprisingly is not linked to a proper domain. Something one would expect from a highly successful holiday company…

As the whole story starts dubious from the beginning, cold calls, illegal upfront fees and guaranteed sales falling through…we certainly have no doubt that the rest of the story will be any different.

If you paid an upfront fee to Chesterton Consultants or any other resale company that promised a guaranteed sale, and they are now telling you that Principle Travel Online is going to take the sale for you, DO NOT pay a penny more and please let us know about this.

You can email us at customercare@mindtimeshare.com or place a comment on the blog.

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
This entry was posted in Bogus Holiday Clubs, Bogus resale companies, Costa del Sol, Mediation services, Warnings and tagged , , , , , , , , , , , , , , . Bookmark the permalink.

2 Responses to Principle Travel Online buying your timeshare for their Travel-club…

  1. John says:

    I appreciate very much the scepticism of many people regarding these ” supposed cheap holiday clubs”. We, I must say signed up to Principle Travel around 4/5 years ago and to date have used them on two occasions. On both we have NO complaints. The first trip was a 2 week cruise and stay Nile Cruise that was 30% cheaper than the Tomson people on the same boat. We had a guide between just 4 people for the first week cruise. The second week was on Kings Island, the most beautiful Hotel with rooms to die for. Again, we had our own personal guide. Our second holiday was in Tunisia 2 years ago. The hotel WE selected was, on arrival, appalling ( must stress, our own choice), however, when we immediately on arrival contacted our UK Principle advisor, she assured us that she would help with our situation. We were contacted by her, some 2/3 hours later, and given a further 3 hotels to visit and view their facilities. We thankfully found a beautiful hotel and were moved into the new hotel at no extra cost, including the taxi transfer. Having viewed the room prior to deciding to stay we had a thoroughly enjoyable time, even on the second week, being given an upgrade to a larger quieter room. So in conclusion, yes be very wary of these schemes, but touch wood, so far we cannot fault the service provided by this company

  2. Kurt says:

    This company have been putting a lot of pressure on my Mother In Law who became suspicious and asked me to look at them. Having done some research on the web I became worried so told her that I would deal with it and I am not that impressed! Today I called a Mr David Croft on 0203 642 4850. The lady that answered the phone didn’t even answer with a “Company Name” it was just sort of “Hello you’re speaking to….” Hmmm… When I pushed her she said the name of the company was “Principle” so it looks as though Sun Travel International may now be passing business over or have changed names. Sun Travel International.. or STI (isn’t an STI a disease where someone has *******ed you?) “David” wasn’t there so is due to call me back. I will continue this thread when he calls….

    Well, Mr David Croft called me today and explained himself to me. During the call he stated that value of the timeshare at waaaaay above current market rates – literally 3 times what it’s worth but he needed more money to “release” some documents. When I questioned this he became very defensive asking me “what I knew about the industry?” and “what did I do for a living?” . When I answered that I was a Company Secretary for a Legal Services provider her became very aggressive and ended the call with (and I quote) “I’ll tell you what, go f**k yourself you w**ker – Now, I’m no expert but I don’t think that this is a legit company. Just my opinion.

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