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Report: #1175456

Complaint Review: Vacation Services International - Portsmouth Ohio

  • Submitted:
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  • Reported By: Ilene — Eagle Idaho
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  • Vacation Services International 602 Chillicothe Street, suite 237 Portsmouth, Ohio USA

Vacation Services International, R&R venture, TERP-Timieshare Enhancement and Relief Project,EPS-Excess property solutions,IVC-This the closing agent that handled mt transaction. SCAMMED me out of $9,980. Portsmouth Ohio

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In October, 2013 I received a phone call asking me to come to a meeting to update me on additional things available through my Worldmark timeshare credits. I think they also mentioned RCI. They offered a free meal at a local seafood place.

They meet one on one. The agent explained how they take some of your Worldmark credits and rent them out for a higher price per credit but would pay me 7.5 cents per credit. I would receive my money back in 6-9 months and this would be every year.

They told me if I used a Citi or chase card they do not charge interest for 12-18 months so I would be able to pay it back and not be charged interest.

They said I would be a member of VSI- making it sound like VSI would be the one renting out my timeshare ownership.

I wrote a check for $498. which was a lifetime enrollment fee for ESP(Excess property solutions) The balance of $9,482 was put on a visa card I owned but was instructed to transferr it to a chase card within a month so it would not generate any interest due.

I waited the six months and started calling. I was told read the fine print- "Rental Pool payouts are figured and paid semiannually after the completion of the six month pool. The payout for each individual client is processed during the next 6 month period after the entry time and after points are transferred to EPS."

I kept calling all these different companies. VSI enrolled me into there club and gave me a membership number early on.

Last week Sept, 2014, R&R has given their phone number to another company that wants to give you a $100. gift card for a shopping spree all I had to do is pay shipping and handling. They gave me the number for information to reach the company I was trying to reach!!!Unbelievable!!!

VSI says they don't rent out points. They did acknowledge that they have knowledge of the R&R company as they gave me a phone numbe (in writing from Jessica, the inventory control director of Vacation services international.) The number in not a working number. This was in July of 2014.

Is the FBI working on this??

 

This report was posted on Ripoff Report on 09/09/2014 07:23 AM and is a permanent record located here: https://www.ripoffreport.com/reports/vacation-services-international/portsmouth-ohio-45662/vacation-services-international-rr-venture-terp-timieshare-enhancement-and-relief-proj-1175456. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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