• Report: #477336

Complaint Review: El Cid Resorts

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  • Submitted: Fri, August 07, 2009
  • Updated: Sun, August 09, 2009

  • Reported By:Centennial Colorado
El Cid Resorts
Mazatlan, Sinaloa Mexico

El Cid Resorts Fernando Told me that they would buy my current timeshare and deduct the sale price from their sale to me. Charged me for time share that I did not sign for. Mazatlan Sinaloa

*Consumer Comment: El cid Resort Timeshare scam

*Consumer Suggestion: Be very suspicious of Phoenix Vacation Property Management and EL CID

*Consumer Suggestion: Be very suspicious of Phoenix Vacation Property Management and EL CID

*Consumer Suggestion: Be very suspicious of Phoenix Vacation Property Management and EL CID

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I bought a time share from them with the understanding that they were going to buy the current time share I owned. All contracts would be mailed to me in three weeks.

I received nothing, so I contacted the Phoenix Vacation Property Managment, the name of the company wich was to resale my other timeshare, and inquired about the check that was to have been sent to me.

The lady at this company, Alex Stewart, said that I was to send $573.85 for registering the resale agreement. She admitted that my timeshare had not been bought by El Cid but that her company was to sell it. I sent her the money using my credit card. I did it.

The transaction with ElCid took place on 6/29/09.
On 7/31/09, I received a bill from El Cid Vacation Club in SanDiago Ca. for $48,000, which was th balance of the loan I was to have taken out. This was to be paid monthly at $747.83. I do not recall signing any thing like that, and have no copies of such a sale. They said I signed it. Again, I sent that money to them by my credit card because they said if I didn't, they were going to charge me late fees.

I have not been able to get ahold of anyone at El Cid timeshare sales.

Bridget
Centennial, Colorado
U.S.A.

This report was posted on Ripoff Report on 08/07/2009 07:58 AM and is a permanent record located here: http://www.ripoffreport.com/r/El-Cid-Resorts/Mazatlan-Sinaloa-82110/El-Cid-Resorts-Fernando-Told-me-that-they-would-buy-my-current-timeshare-and-deduct-the-s-477336. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

El cid Resort Timeshare scam

AUTHOR: SophieM - ()

I bought at El Cid resort timeshare that ran for 20 years. After about 10 years the maintenance fee was so high it was costing me money to keep this timeshare. I wrote multiple emails to the company asking that my contract be terminated. I stopped using the timeshare and before I knew it a collection company was calling and put a lien on my home for more than $1000. Beware of El Cid timeshares. They'll abuse you with their maintenance fees and then send you to a collection agency if you try to get out of the contract. I'll never stay with them again.

 

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#2 Consumer Suggestion

Be very suspicious of Phoenix Vacation Property Management and EL CID

AUTHOR: Scam Victim - (U.S.A.)

We also were lured into purchasing a timeshare at El Cid with the promise of $5,000 each year for the next 3 years simply by giving up our week. I even have a document with Phoenix Vac. Prop. Mgmt. (PVPM) at the top and signed by an El Cid authorized representative and another person's signature, yet Alex Stewart of PVPM informed me in an email that her company will NOT GUARANTEE ANYTHING IN WRITING!!!

When you visit the website for PVPM, El Cid pops up. I strongly suspect they are merely another way for El Cid to rip people off. They tell you lies that they will rent out your weeks for so much money, and/or sell your other timeshares for you. Read my report on 8/6/09 and you will see what those criminals at El Cid are capable of.

I believe that your experience with both El Cid and PVPM needs to be reported to the Federal Trade Commission's Bureau of Consumer Protection. The evidence against them appears to be growing.

We too have not received copies of documents we signed for the purchase of our timeshare, but I learned from our bank that someone at El Cid has altered documents, fabricated new ones and possibly committed forgery to further entrap us into this fraudulent contract.

So don't take anyone's word for it that you signed anything until you actually take a look at what they CLAIM you signed.

I wish you the best against these PIRATES OF THE PACIFIC!
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#3 Consumer Suggestion

Be very suspicious of Phoenix Vacation Property Management and EL CID

AUTHOR: Scam Victim - (U.S.A.)

We also were lured into purchasing a timeshare at El Cid with the promise of $5,000 each year for the next 3 years simply by giving up our week. I even have a document with Phoenix Vac. Prop. Mgmt. (PVPM) at the top and signed by an El Cid authorized representative and another person's signature, yet Alex Stewart of PVPM informed me in an email that her company will NOT GUARANTEE ANYTHING IN WRITING!!!

When you visit the website for PVPM, El Cid pops up. I strongly suspect they are merely another way for El Cid to rip people off. They tell you lies that they will rent out your weeks for so much money, and/or sell your other timeshares for you. Read my report on 8/6/09 and you will see what those criminals at El Cid are capable of.

I believe that your experience with both El Cid and PVPM needs to be reported to the Federal Trade Commission's Bureau of Consumer Protection. The evidence against them appears to be growing.

We too have not received copies of documents we signed for the purchase of our timeshare, but I learned from our bank that someone at El Cid has altered documents, fabricated new ones and possibly committed forgery to further entrap us into this fraudulent contract.

So don't take anyone's word for it that you signed anything until you actually take a look at what they CLAIM you signed.

I wish you the best against these PIRATES OF THE PACIFIC!
Respond to this report!
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#4 Consumer Suggestion

Be very suspicious of Phoenix Vacation Property Management and EL CID

AUTHOR: Scam Victim - (U.S.A.)

We also were lured into purchasing a timeshare at El Cid with the promise of $5,000 each year for the next 3 years simply by giving up our week. I even have a document with Phoenix Vac. Prop. Mgmt. (PVPM) at the top and signed by an El Cid authorized representative and another person's signature, yet Alex Stewart of PVPM informed me in an email that her company will NOT GUARANTEE ANYTHING IN WRITING!!!

When you visit the website for PVPM, El Cid pops up. I strongly suspect they are merely another way for El Cid to rip people off. They tell you lies that they will rent out your weeks for so much money, and/or sell your other timeshares for you. Read my report on 8/6/09 and you will see what those criminals at El Cid are capable of.

I believe that your experience with both El Cid and PVPM needs to be reported to the Federal Trade Commission's Bureau of Consumer Protection. The evidence against them appears to be growing.

We too have not received copies of documents we signed for the purchase of our timeshare, but I learned from our bank that someone at El Cid has altered documents, fabricated new ones and possibly committed forgery to further entrap us into this fraudulent contract.

So don't take anyone's word for it that you signed anything until you actually take a look at what they CLAIM you signed.

I wish you the best against these PIRATES OF THE PACIFIC!
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