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2020 New Types Of Scams To Look Out For

January 14, 2020 – by James Cox

2019 will be known as the year or the robo calls. Throughout the country, people were hit with call after call. The caller would either hang up upon you answering or it would be a recording offering you something that you immediately knew wasn’t to be trusted. Even the real people who were trying to scam you weren’t convincing and it soon became obvious if you did not recognize a number, do not answer it.

So what does 2020 have in store for us as far as scams go?

Timeshares might be throwing their hat into that ring as they have a new and aggressive strategy to get people to sign up. What is it? Low credit scores.

People with low credit scores are hanging a harder time traveling because they need to put a lot of the expenses of traveling on their credit cards which have very high interest rates. Since timeshares offer their own form of financing and do not care about your scores, they can promise luxurious vacations at an affordable rate.

Think for a moment about that. You are a dad with two kids and you have a big vacation coming up and you can’t use your credit cards but you do not want to drain your savings either. A timeshare company contacts you and offers you a big trip for free. You can stay in Orlando for the weekend and not have to pay for a hotel. All you have to do is sit through some seminars and everything is covered.

You think that will be easy and all you have to do is say no. The problem, this is going to be one of the best vacations of your life. Why is that a problem? Because you will want it to happen again and again. That’s how these companies get people to sign. You know this isn’t going to the w good deal for you when you arrive, but everything is better when it’s free.

There’s a reason these companies are making millions of dollars. They know how to get a yes out of a no. It’s not that this is a new scam, it’s who these timeshare companies are targeting that’s new. Rather than focusing on people who can afford places they are focusing on those who are struggling. Why? Because they can still get money out of you and for them, that’s all that matters.

Be ready for this and other tricks from resorts in 2020 because you can bet that they are coming. 

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Relieve Yourself of the Unwanted Timeshare Burden

Your information is 100% secure and encrypted. We will never sell or share your information with anyone.

Frequently Asked Questions ?

How does PMG get me out of my timeshare contract?

PMG is not a resale, transfer, or donation company. We are consumer advocates—we help to negotiate the release of your timeshare contract obligation. We do not buy, sell, or rent your timeshare. Simply put, we help you to get out of your timeshare contract forever.

How long does the process usually take?

Usually less than 12 months, but it all depends on your situation. If your timeshare is free and clear with no mortgage, then the process may only take 3-9 months.

Speak to your advisor about the time, and what delays the resorts have put into place to prevent timeshare owners from departing their ownership. If you have a mortgage or past due maintenance fee, the process takes more time.

How much is my timeshare worth?

This is probably going to hurt, but whether you paid $5,000 or $50,000 for your timeshare, the IRS values all timeshares as worthless investments. In addition, that timeshare would have negative value due to the annual maintenance fee bill which compounds year after year. That is until PMG helps you cancel your timeshare.

Can I use your service if I still have a balance owed on my mortgage?

Yes. Whether you bought your timeshare 20 days ago or 20 years ago, PMG has a solution for you and is here to help.

Will my name be off the timeshare?

Yes! Permanently! GUARANTEED!

In addition to getting me out of my timeshare, can you recover the money I’ve already spent on mortgage payments and maintenance fees?

While we are able to recover money in rare cases, beware of any timeshare cancellation company that entices you with the promise of fund recovery. The truth is, timeshares are loath to give back the money they’ve already taken.

Are your consumer advocates really “consumer advocates”, or is that just a fancy word for salesperson?

Because most of our clients have had their trust betrayed by timeshare salespeople, we understand how some consumers can become a bit jaded. When you call us for a consultation, that’s exactly what you get, a consultation. At PMG, our job is not to sell you; our job is to help you get out of your timeshare. Which is why we have numerous 5-star reviews and an “A” (excellent) rating from the BCA.

Why should I choose PMG to get me out of my timeshare?

We pride ourselves on providing our customers with the best customer service in the industry. When you contact our company, you speak to a live person, not an automated system or voicemail. We go above and beyond for our customers by helping you to protect your credit and even repair your credit if needed. We offer a 100% money back guarantee, and we can provide documented proof of our success in helping customers just like you.

What happens after I sign up with you? Will I be apprised of your progress?

At PMG, we pride ourselves on our hands-on, boutique-style customer service, so every new client is assigned a case manager whose job is to keep you in the loop throughout the entire cancellation process. Your case manager is always just a phone call away.

How much is your fee?

Not all timeshare experiences are created equal. Some are more complicated than others, and every situation is different. That’s why our trained timeshare elimination consultants will ask you a series of questions designed to determine exactly what needs to be done to terminate your timeshare, how long it will take, and how they can best advocate for you. We will always seek the most cost-effective route for you.

What if I still have more questions?

Canceling a timeshare contract is not a cookie cutter process. With each situation being unique, once you complete the form below an experienced consumer advocate will call you today to discuss your options.