Beware the ‘Financial Hardship Trick’
Timeshares know that once you buy into their vacation scheme,
you’re easy pickings for an ‘upsell’. And the best way to accomplish an upsell
is to simply wait a few months before calling the customer with a very
intriguing offer (It’s all done quickly over the phone with no need for an
in-person presentation, which makes it sound even more legit).
They will tell you that one of their customers is
experiencing a financial hardship, and they’re taking back the timeshare today.
And guess what? You (lucky you!) can have it right now at the “hardship”
price before the timeshare salespeople get their hands on it for one of their
in-person presentations!
This technique accomplishes two objectives: it generates
easy revenue for the timeshare company AND they plant a seed in your head that timeshares
can be given back.
However, what the timeshare company is not telling you is
that this timeshare is no different than any other. And, in the unlikely event
that it actually is a “take back”, chances are high that it was reluctantly
taken back after a year-long fight with a cancellation firm like Resolution.
Either way, it’s worthless and they know it.
-Stephen Lasser
