Jeffrey & Lauretta had been dreaming of their retirement for years–vacations, more time to spend with family, and chasing some personal passions. At first, they didn’t give much thought to the idea of a timeshare or how that might affect their travel plans in retirement. After being offered “exclusive” credit card points to listen to a 5-hour presentation about timeshares for sale, though, the couple gave in to the exceeding pressures from pushy salespeople.
“We were offered 100,000 rewards points to listen to a sales pitch. After five-plus hours they brought in a manager who offered a sample package…for one year so we took it.”
The first year went smoothly enough, but the struggles came when trying to terminate or alter the timeshare options. They were pressured into several upgrades over the next few years, with no given options to cancel the timeshare. The timeshare salespeople sweetened the deal for them by providing gifts, cruise deals, more credit card points, and other types of gift cards, which ultimately paled in comparison to the outrageous fees the couple was paying for a timeshare they could not use when they wanted.
“We were also told…we could have a ‘go-to’ person from now on and that we could use our points to shop, go to movies, dinner, and to pay our [monthly] maintenance fees. Of course, all portrayed as points to pay but not true! We did get the gifts, but the rest was lies.”
As the upgrades and shallow promises continued, Jeffrey and Lauretta made difficult financial decisions to prevent facing imminent disaster for their retirement plans; however, they eventually had to take a loan from their 401k plan to even cover the monthly costs of “owning” this timeshare. As time passed and their health declined, the couple faced several surgical operations and needed medical attention, all while still being forced to pay the monthly fees related to their timeshare.
“I am so worried about his health and our bills that I have been having chest pain and I had high blood pressure for the first time in my life the last time I went to the doctor,” said Lauretta.
Eventually, Jeffrey and Lauretta knew they had to figure out alternative options and seek help to dig themselves out of this difficult situation. The couple called Wesley Financial Group, LLC (“WFG”) to help relieve them of the stress of this timeshare, and WFG ultimately terminated their timeshare so that the couple can now focus on their retirement and health.*
Do you or someone you know feel stuck in a never-ending timeshare? If so, please call us at the number below and we will be happy to see if you qualify for our timeshare termination services.
*Wesley Financial Group, LLC (“WFG”) develops individualized programs for each client, terminates over 98% of their client’s timeshare relationships, and in certain circumstances, obtains a refund of some or all of the timeshare purchase price. Actual results depend on each client’s distinct case and no specific outcome is guaranteed (although WFG does offer a 100% money-back guarantee if the timeshare is not canceled within the time specified in the WFG Enrollment Agreement).