Enforcement agencies across the United States report receiving many complaints about timeshare rental and resale. It seems that many people are initially fascinated by the idea of owning a timeshare in a resort, only to realize later that they have been scammed.
There are some good timeshare companies out there, but you must be sure that you are actually doing business with one of them.
Here are some guidelines to recognize timeshare scams and stay away from them.
The thumb rule is to never-ever give out important personal information, such as credit card or bank account number, to a
stranger. Some of these frauds may contact you by phone, but do not offer them your personal data. You do not make any contract by phone!
If you visit the website of one of these timeshare companies, do not fill out any form with more than your first name and your email (if even that!). Google the name of the company, person of contact, phone number, address etc. This simple operation may reveal important information. For example, you may discover that the address and the phone number actually lead to different websites, or the company`s name take you to complaint boards.
You can also check if the company is a registered entity, as required by law. For more on your rights, contact https://www.timeshareterminationteam.com/.
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