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Report: #1137192

Complaint Review: Welks Resorts in esconcico.ca - Select State/Province

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  • Reported By: William — louisville Kentucky
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  • Welks Resorts in esconcico.ca Select State/Province USA

Welks Resorts in esconcico.ca high pressure sales tactic. extreme interest. Cannot afford esconcico ca

*Consumer Comment: Timeshare Companies are a SCAM

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 I went to a time share presentation just to get the free gifts my sife and I were told we would receive. We ate a lot or free candy bars and soft drinks. Two hours later we had signed up for a two bed-room loft.  35,000 dollars, ten years, 16 percent interest. I did not meet their elligibility requirements of having a minimun 50,000 dollars yearly income. They did not check anything. Well now my mistake has caught up with me. I have call welk resort representatives and offered to give my ownersihip back and we could be even. Sell this thing to some body else that can actually afford it. All they will tell me is you signed the dotted line. Now you must pay. Well I will not be making any more payments. From  this day forward..I must cancel my credit card because welks won't stop the monthly charges.

This report was posted on Ripoff Report on 04/08/2014 09:07 AM and is a permanent record located here: https://www.ripoffreport.com/reports/welks-resorts-in-esconcicoca/select-stateprovince/welks-resorts-in-esconcicoca-high-pressure-sales-tactic-extreme-interest-cannot-afford-1137192. 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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#1 Consumer Comment

Timeshare Companies are a SCAM

AUTHOR: TeresaSantos - ()

POSTED: Wednesday, April 09, 2014

Most timeshare companies are taking advantage of people, often those who are more vulnerable and less able to resist hard sales tactics. I have heard of many cases where maintenance costs rise well above inflation. It would appear the timeshare companies lock people into contracts and then drive up their profits though increased maintenance charges. It would be good to see legislation whereby timeshare companies can only charge "reasonable" maintenance costs and not use this annual fee to fleece people's bank accounts. PS - I do not own a timeshare, never have and never will unless legislation is introduced to protect buyers.

 

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