Timeshare Resale Deferred Payment Scam
Posted On Tuesday, 25 Jan 2011
When you are called by a timeshare resale company, the salesperson always starts out their pitch with the full price of the companies advertising package. In this example we will use the price of $900 and show you how the deferred payment scam really works and why people fall victim to this tactic that is highly used not only in the timeshare resale industry, but I would say other telemarketing industries (debt relief, mortgage help, etc). Please note the following is just an example to show you how some timeshare resale companies try to lure you into their trap to get your money.
Sales Person Ms. Smith I am glad you understand fully how well our service can work for you in selling/renting your timeshare property. Would you like for me to put the $900 advertising fee on your credit card today or would you like to use a check by phone?
Ms. Smith I cannot afford to pay you $900, that is to much money. I will have to talk this over with my husband first.
Sales Person Not a problem Ms. Smith, let me tell you what I can do for you today to make this easier on your wallet. We ... Read More
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Selling My Timeshare is about educating the public about how timeshare resales work and what timeshare resale scams to avoid. If you have been scammed by a timeshare resale company, please let us know or search for them and leave your story.