Irene Parker, MBA
Quote from an ARDA lobbyist, the American Resort Development Association
ARDA responds that it’s untrue that timeshare loans come with high interest.
"There's nothing special about our loans. They are traditional loans. They are not subprime. They go to highly credit-worthy people,” Nusbaum responds.
February 21, 2024
When a timeshare member or owner wishes to extricate themselves from an unwanted timeshare, or resolve a timeshare dispute, contacting their resort should be the first step. However, when results fall flat, should you simply stop paying, retain an attorney, sign up with an exit company, or fight the battle yourself? This has been an unending question, so we reached out to attorneys and other sources to learn more.
January 3, 2024
A common complaint reported by timeshare members, industry-wide, is being told it is easy to rent out a timeshare to cover costs. Renting to offset costs is unfeasible for the average timeshare owner, so those who counted on renting can find themselves with little choice but to default. Bluegreen Vacations is one of ten Developers with members that have reached out to us to report how they were sold points to rent to cover costs, or to generate investment income. Other Developers include Westgate Resorts, Vacation Village, Club Exploria, Branson’s Nantucket, Tahiti Village (Soleil Management), Diamond Resorts, and Wyndham. Two additional resorts resolved rental disputes.
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