How to avoid Timeshare Exit Scam
Timeshare Exit Scams: What to look for
We recommend only working with BBB Accredited Timeshare Exit companies
Look for transparent business practices. If the company you are looking into feels like they have a sales process similar to a timeshare company, then it probably isn't the best option.
We always recommend avoiding any company that wants thousands of dollars upfront. That's usually sign of bad things to come.
We recommend only hiring companies that have open and honest pricing practices.
Do an internet search to check out their physical address. Take it one step further and search that address to make sure it isn't a Registered Agent or Virtual Office.
Make sure your contract has a Money Back Guarantee so that you're protected.
What to avoid
Avoid companies that demand thousands of dollars upfront. It's a major red flag for potential scams.
Avoid companies that cannot quote a pricing standard or have a fair pricing system.
No company can work as an intermediary between you and a licensed attorney. If you want to hire an attorney, then simply hire an attorney. Do not pay a 'middle man' to get you representation.
If a company isn't BBB Accredited then it is likely they have a history of unfair business practices.
It's easy to make a website and look the part. It's a lot harder to actually provide the timeshare cancellation service. Any company who claims to be in the timeshare cancellation industry would need physical offices to do so.
Any reputable company will not 'cold call' you.
The shadiest of all companies travel around and host dinner parties trying to get your money and run. Don't fall victim to this scheme.
Some of the timeshare exit companies offer a travel club service. From our research 99.99% of these travel clubs are scams. Avoid them at all costs.
Some unscrupulous companies will tell timeshare owners anything to get the business. They will make promises that cannot be kept and then run off with your money. They might say they can cancel your timeshare in weeks or several months. They might guarantee you will be refunded. Don't become a victim because you are being told only what you want to hear.
If you cannot tell who the owners are and who works for the company, it's usually a bad sign.
Best Practices
Look into several companies and research the reviews, their offices, and make sure you can tell who owns the company.
There's no rush to hire a timeshare exit company. Don't rush the decision. Take your time to find the right company for your family.
There's no harm in shopping around and getting several options to find the right fit.
Avoid companies that demand thousands of dollars upfront. It's a major red flag for potential scams.
Avoid companies that cannot quote a pricing standard or have a fair pricing system.
No company can work as an intermediary between you and a licensed attorney. If you want to hire an attorney, then simply hire an attorney. Do not pay a 'middle man' to get you representation.
If a company isn't BBB Accredited then it is likely they have a history of unfair business practices.
It's easy to make a website and look the part. It's a lot harder to actually provide the timeshare cancellation service. Any company who claims to be in the timeshare cancellation industry would need physical offices to do so.
Any reputable company will not 'cold call' you.
The shadiest of all companies travel around and host dinner parties trying to get your money and run. Don't fall victim to this scheme.
Some of the timeshare exit companies offer a travel club service. From our research 99.99% of these travel clubs are scams. Avoid them at all costs.
Some unscrupulous companies will tell timeshare owners anything to get the business. They will make promises that cannot be kept and then run off with your money. They might say they can cancel your timeshare in weeks or several months. They might guarantee you will be refunded. Don't become a victim because you are being told only what you want to hear.
If you cannot tell who the owners are and who works for the company, it's usually a bad sign.