Monday, 3 October 2011

Timeshare Scams: Huge number of complaints registered

According to the Better Business Bureau, travels scams cost U.S. consumers over $10 billion each year.

And specifically, the organisation reports that from 2009 to the present, there have been over 16,000 complaints against timeshares.

When pressured over the phone to purchase a timeshare at a “one-time-only” deal, these timeshares are often over sold and consumers will never actually use the timeshare they purchased.

According to the U.S. Federal Trade Commission, telemarketing scams involving timeshare are consistently filed by consumers. “Cold calling works, and there are a lot of suckers out there when it’s just a numbers game,” travel expert Lee Abbamonte told Foxnews.com.

cold call “People want timeshares. They want a vacation home, so to speak, to brag about and will jump at time for what seems like a good deal even from a phone scam.” These timeshare can be illegally or illegitimately sold by just about anyone. “Don’t be pressured into buying when they tell you the offer is only good for next week. If it’s a good deal today, it will be a good deal tomorrow,” said vice president of Public Policy for the National Consumers League John Breyault. 

Read more: www.foxnews.com/travel

Owners Action have been appointed as European marketing agents by International Timeshare Refund Action (ITRA) to generate and promote consumer awareness regarding a proposed Group Litigation against RCI Europe and others. To find out if you qualify to join our class action, contact us today.

www.ownersaction.com

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