ED Magedson – Founder
Grand Crowne ResortsBranson, Missouri USA
Grand Crowne Resorts Ripoff, Crooks, Deceptive Branson Missouri
My wife and I purchased a 1 bedroom timeshare with one week per year usage from Grand Crowne in 2004 and then upgraded to a 3 bedroom ever even year in 2010.
During our vacation in May we attended our owner update and found out that these people have come up with a whole new scheme that pretty much makes our purchase opsolete. We now have to chose to pay another 10 to 15,000 dollars to change over to this other scheme or stay with what we have and watch our maintenance fees go through the roof.
I have checked into selling my timeshare to only find out that with what is going on with this Capital Investment Group, I would have to pay around $3000 just to get out of my ownership. We paid over $18,000 for this timeshare being told it is not an investment and not to plan on making money on it but we were told that when or if we got ready to sale it we would be able to get most of our money back. Now I am being told I will lose everthing I paid plus an additional $3000 just to get out of the deal without it effecting my credit if I stop paying the maintenance fees.
I thought we lived in a country were laws protected it's people but I am beginning to realize that the only people protected in this country is the crooks.
I want out of this timeshare deal without it costing an arm an a leg to get out of it and without it destroying a credit profile I have worked hard to earn. I have a credit score of 810 and I am willing to lose that instead of paying more money into a losing situation.
If there is anyone out there that knows what action or actions I can take to prevent doing this please let me know.
I am still seeing innocent people buying into this scheme every day and I pray that someone will help me stop this from continuing.
This report was posted on Ripoff Report on 07/15/2014 01:23 PM and is a permanent record located here: http://www.ripoffreport.com/r/Grand-Crowne-Resorts/Branson-Missouri/Grand-Crowne-Resorts-Ripoff-Crooks-Deceptive-Branson-Missouri-1162240. 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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