Timeshare Foreclosure Consequences
Timeshare Impact on Credit Score
3 min read
If you are debating whether or not to invest in a timeshare, there’s something to consider that may not have come up in your research. For years, you have worked hard to build your credit score. You’ve paid bills on time, you’ve been careful not to get yourself in debt and when you have, you’ve been on top of it. You respect the importance of your credit score, and you’ve done a great job in keeping your numbers up. That needs to be taken into consideration whenever you are thinking about buying a timeshare.
Whether or not you think that timeshares are a good investment, you have to remember that they will impact your score, especially if you do not wish to continue with it. The battle to get out of a deal like this is long and challenging and requires an experienced, professional team to take on this challenge. During that time, the timeshare company you originally worked with will start going after things to intimidate you, including your credit.
Their goal is to try and make you feel that the fights not worth it, that it’s not worth damaging your numbers and dealing with the stress. What you have to understand is that you have the right to fight your way out of this deal and then build your score back up. Thousands of people just like you were in your exact situation. They knew that there were too many challenges to overcome on their own. With professional guidance and assistance, they not only were able to get out of their deal, but they also were able to get their score back up within a year and return to financial stability.
During your free consultation, we will show you exactly what to expect when it comes to getting out of a timeshare. How long is it going to take, what are the costs, will you be free and clear and how much will it impact your credit score? Knowing these things upfront ensures that you have realistic expectations and can mentally prepare yourself for all the tactics these companies will use to try and get you to remain with your deal and not try to get out. That’s a mistake and it’s one too many people have been making.
The time is right for you to take charge and get out of your timeshare. Let us worry about the battle, rebuilding your score and everything else. All you have to do is pick up the phone.
How to choose the right company to get me out of my timeshare
We know how stressful timeshare contracts can be. What once sounded like a dream resort package turned into a nightmare. When you don’t know where to turn, look to PMG to relieve you of your timeshare burden. We pride ourselves on open, honest, and frequent communication with our clients.
Their high-pressure tactics
Our knowledge and experience gets you OUT. We offer a high-touch, boutique level of service, keeping you informed with frequent updates throughout the process—which is why we have numerous 5-star reviews and are rated “A” (Excellent) by the Business Consumer Alliance (BCA).Learn More
Still not sure what’s the next step? Our dedicated team can review your agreement and guide you through the process. The Primo difference is all about service. Our timeshare elimination consultants have one mission: To serve our clients and bring the peace of mind that comes from relieving their timeshare obligation.Get Started
The timeshare industry has spent a tremendous amount of time and money to delay, confuse and deter you from canceling your timeshare contract. Your team of timeshare elimination experts act as your consumer advocate and will work tirelessly to free you from your timeshare contract, mortgage, and maintenance fee bill.Give it a try