How To Cancel My Timeshare Without Ruining My Credit
How to Cancel a Timeshare, Timeshare Impact on Credit Score
3 min read
Timeshare will always put up a battle if you try to break the contract. It’s something they’re used to which is why they design their agreements to give them as much leverage as possible. Think about it this way, it’s easier for you to break a lease or a mortgage than it is to get out of a timeshare deal. Isn’t that surprising to learn when you consider the fact that the first two are usually requiring a more expensive commitment? The reason is simple, these companies know that most of their clients are going to eventually want out of the deal so they plan for it.
Despite the tricks resorts will play to keep people in their agreements, there are ways out with the help of experienced consumer advocates. However, 2020 has been a tougher year than others as far as getting out of timeshare contracts. Consumer advocates are struggling to help their clients even though thousands of people are hiring them for assistance. Why is that happening?
One reason for the increase in timeshare cancellation requests is due to the coronavirus pandemic which has put many resort owners in a tight financial situation as they struggle to pay for the property and can’t rent out their time to cover the costs with restrictions and disinterest in traveling during the pandemic. Another thing to consider is that because or the increase in cancellation requests as well as a loss in new client revenue, these resorts are having to hold onto as many clients as possible and will fight harder to keep them.
With a tougher front to take on, timeshare clients need to shift their focus from quick and easy options and rely more on the assistance of experienced teams who have a working knowledge of these resort tactics and how to beat them. In a way, the pandemic impact may knock out cancellation companies who aren’t up to par and give consumers a clearer view of which consumer advocates they can really rely on.
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