• Report: #959039

Complaint Review: ElDorado Resorts Corporation - Las Vegas

  • Submitted: Tue, October 23, 2012
  • Updated: Tue, October 23, 2012

  • Reported By: Ruthag — Cudahy Wisconsin United States of America
ElDorado Resorts Corporation - Las Vegas
2150 W Jo Rae Ave, Las Vegas,, Nevada United States of America
  • Phone: 702) 212-9802
  • Web:
  • Category: Resorts

ElDorado Resorts Corporation - Las Vegas A very Desparate Company to sell their product but does not executive what was promise Las Vegas,, Nevada

*Consumer Comment: your an idiot

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My husband and I went to Las Vegas for his 30th Birthday.  When were entering the Hotel we were staying at, The Luxor we were approach by a man and a woman to see if we were interested on getting free stuff as long as we went to a 2 hours presentation.  We did and we got suck into buying the timeshare that was suppose to change our ways of vacationing. They promise five star hotels for a whole week, book at anytime and very reasonably.  They forgot to say the small print of their Financial Department Flactuate their own interest their own terms and that Its not book at just anytime when its almost never.  We bought the time at the Granview in June of 2011 for $11,000.  The entails 1 week every other year for a 1 bedroom.  We put in a deposit of $2,000 which brought our debt to $9,000 which we finance through ElDorado.  Our payments are $188.00 per month, which I have been paying for the last 1 year and 4 months.  

We have been trying to book a vacation for the last 16 months through RCI which is the resorts exchange company and they never have availability to where we want to go which is to The Whyndam Glacier Canyon - In Lake Delton, Wisconsin. In the last 16 months we have spent close to $5,000 for a timeshare that was suppose to change our vacationing style, however we have not been able to take a vacation. In $2000 went towards interest because ELDorado interest rates encrease whenever they feel like it even thought they told us that it would 17% and we still owe $8000 on the timeshare and have not been able to take a vacation. Their customer service is another big subject which to say the least, their very uneffeciant and Rude.  And on top of that dealing with RCI is another big monster.  We are very frustrated, have not been able to take a vacation and incurred a $12,000 debt in which we have pay $5000 in which only $3000 has gone towards the $12,000 because of the adjustable interest rates. 

This report was posted on Ripoff Report on 10/23/2012 05:34 PM and is a permanent record located here: http://www.ripoffreport.com/r/ElDorado-Resorts-Corporation-Las-Vegas/Las-Vegas-Nevada-89183/ElDorado-Resorts-Corporation-Las-Vegas-A-very-Desparate-Company-to-sell-their-product-959039. 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

your an idiot

AUTHOR: ishouldknow - ()

 I bought from Eldorado resorts years ago. I found them very honest.i knew what I was buying. I read the contacts clearly. They mentioned there interest rate if I chose to stay with there financing. I got my own financing and paid it off.i love the timeshare. Been alot of great places. And the timeshare has more than paid for itself. Nothing is perfect but its better than paying full price and owning nothing. The previous persons comment was an idiot. If you would read what your signing, you would have know about interest rates and other things. That's you're choice to not refinance. I know the company has over a million owners. Millions in the world own timeshare and are loving it. especially me.id highly recommend eldorado resorts, they have the best deals ever, and the best trades. When I was there they had a BBB sign

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