• Report: #965985

Complaint Review: Wyndham Vacation Resorts

  • Submitted: Wed, November 07, 2012
  • Updated: Tue, May 13, 2014

  • Reported By: Denise — washington District of Columbia United States of America
Wyndham Vacation Resorts
8427 SouthPark Circle, Suite 500 Orlando, Florida United States of America

Wyndham Vacation Resorts Fairflield Resorts I desperately want to get rid of! Orlando, Florida

*Consumer Comment: Wyndham Timeshare Issues

*Consumer Comment: Wyndham Timeshare Scam

*Consumer Comment: Don't pay any more

*Consumer Suggestion: Have you tried to donate?

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I purchased a timeshare a couple years ago and at first I really loved having it, but as time went on I wanted to get out of the contract. The company does not offer any type of assistance to resale the property or help with lowering pmts. Truth be told I really can not afford this timeshare any longer and I am struggling with paying the monthly payments. While I have used the points and have been extremely satisfied with it I just cant afford it. Every time I go on vacation they want me to go to these update meetings and want to run my credit. They waste my time and pressure me into applying for this or that.

I've tried to seek help with www.buyatimeshare.com and I'm not sure if they are a rip off or not. The guy told me that normally they charge anywhere from $1000.00 and up for advertising but he would only charge me $199.00. I found that to be very odd why would someone drastically lower a price for advertising. Needless to say I need help and I'm having a hard time trying to find help with this problem!!

This report was posted on Ripoff Report on 11/07/2012 01:26 PM and is a permanent record located here: http://www.ripoffreport.com/r/Wyndham-Vacation-Resorts/Orlando-Florida-32819/Wyndham-Vacation-Resorts-Fairflield-Resorts-I-desperately-want-to-get-rid-of-Orlando-Fl-965985. 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

Wyndham Timeshare Issues

AUTHOR: conquest - ()

I am the owner of 1 million Wyndham Timeshare points.  They are selling the option of "guaranteeing" a repurchase of all your ownership at 20% of what you originally paid for them. This option is being offerd at the "owner update meetings". It is a strange investment that is worth Zero or 20%  shortly after it is purchased.    Also, they sell to people that cannot afford the commitment. I just met a lady who had invested $290,000 in 2 million annual points. The annual fee to keep current on that is about $10,000 per year. She is a retired school teacher and is mid 80s. Her children do not have the financial means to keep travel or aford to keep up the ownership as she ages further. She recently spent additional $ to get the "guarantee" of 20% back when she sells the ownership. This option is called "Parhways".

 

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#2 Consumer Comment

Wyndham Timeshare Scam

AUTHOR: SBrittany - ()

Wyndham timeshare presentations are hardcore and very long-lasting, people are usually pressured and bullied into buying a timeshare. The company has been sued in federal court several times by many wyndham timeshare owners for committing wrongs in their vacation credits, such as breach of contract, violation of California’s Timeshare Act and breach of fiduciary duty, among others. Another common complaint is that maintenance and assessment fees increase very constantly; to the point lots of timeshare owners are no longer able to keep paying them. Many of them decide to stop paying, which is a huge mistake, being that their debt is taken to a collection agency and it ends up affecting their credit score very badly.

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#3 Consumer Comment

Don't pay any more

AUTHOR: CSlate - ()

 #1 - Stop Paying.  It will likely ding your credit, but there's not much else they can do. It might get shown as a repossession on a credit report.  Still, that is better than perpetual maintenance fees. 

#2 - Prepare a Cease & Desist letter to stop collection calls.  This will stop any hired collection agencies from calling you.  Make sure that you include notification that you will record any calls that you receive, and follow up on that.

#3 - Prepare a letter to the TS co. refusing to pay them anything more.  Insert it in their return envelope the next time a statement comes in the mail.

Also, donating to charity is not typically fruitful.  The TS company wants to collect the maintenance fees, which get pretty high.  Charities don't want that burden, either.  Changing the name on the TS deed is not the same as quit claiming a house.

Don't fall for the reseller's tactics.  Most of them are scams as well.  Think about it:  When selling a house, the commission is around 7% in most places.  That includes listing, visits, and accompanying you to the closing.  Timeshares have little more than the listing.  They subject prospects to the same high pressure sales system that the TS company did, and success rate is low.  Their fees are much higher than 7% when considering that TS resells for cents on the dollar.  It would be naive to think that a TS owner will get out of it what is already spent.

Check out "Wyndham Owner shares his experience" on YouTube.

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#4 Consumer Suggestion

Have you tried to donate?

AUTHOR: Millsfam11 - (United States of America)

Have you considered donating your Timeshare to Charity??
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