If you have been victimized by either a timeshare resale firm or a timeshare resort, add your complaint below.
Timeshare Scams and Fraud
Coerced into converting timeshare mortgage into a trust and was lied to about exit plan. - Holiday inn club vacations
Company Name: Holiday inn club vacations
Finally, after several years, I was able to use the timeshare I was coerced into purchasing during an extremely long presentation back in 2016. They offer to reimburse my booking fee if I sat through a one-hour presentation. 1 hour turned into over five and a half hours. They lied to me, and to another person I was with in order to coerce me into paying to change my mortgage over to a trust. I was told by the sales person repeatedly that there is an easy exit strategy if it is a trust and that I did not have to pay off the entire mortgage in order to sit and get rid of the timeshare. I was told repeatedly that I only needed two wait 3 months, then contact them and let them know I could not afford the monthly payments. after three months, I contacted the company and was told I would have to pay off the astronomical mortgage associated with the trust before I would be allowed to stop making payments on the trust. I was told I would have to pay off more than double what my original mortgage was in order to get out of a timeshare I cannot use and was coerced into purchasing to begin with. Sad thing is I have the entire conversation on tape and I have friend of mine who happened to be with me during the entire sales pitch who will also testify to the over-the-top persistently aggressive sales tactics and bald-faced lies in order to force me to purchase more expensive timeshare when I was already desperate to get rid of the one I couldn't afford to begin with. hey I'm absolutely desperate to get rid of this timeshare as it is preventing me from being able to pay off any of my debt and is the soul thing that prevents me from being able to move out from my family's home and be on my own again... I lost my house recently.