Wyndham Timeshare Complaints


Wyndham Timeshare ComplaintsFor the elderly, the idea of owning a timeshare sounds like a great way to vacation in retirement. Timeshare salesmen inform them that this is the best way to enjoy luxury accommodations for cheaper than you could afford on your own. It is not until later down the road that timeshare owners realize the unwanted financial obligation that they have actually signed up for.

The timeshare industry is known for their high pressure sales tactics used to persuade people into purchasing timeshares on the spot. In some circumstance these tactics are used to target the elderly. Before 1993, timeshare salesmen found great success and profits in targeting the elderly with different types of complex schemes. It wasn’t until 1994 that a new law titled the “Senior Citizens Against Marketing Scams (SCAMS)” act was enacted. The law was put in place to deter criminals from targeting people 55 and older with timeshare and marketing scams. With this law in place federal courts can impose an additional term of imprisonment of up to ten years if the scam is targeting the elderly.

In this video an elderly retired woman that owned a Wyndham vacation home, was constantly harassed into buying more timeshare points. The points that she purchased and her monthly maintenance fees later exceeded her monthly income. She was then forced start a home business in order to help cover the expenses. Sadly, stories like this are very common around the timeshare industry, and is the precise reason why the “S.C.A.M.” Act was put in place.

 

22217276_mTimeshare owners wanting to cancel Wyndham Resorts timeshare contracts, need to contact Redemption and Release, LLC for a free consultation with one of our timeshare cancellation experts. Here at Redemption and release we understand how frustrating owning a timeshare can be, and we are here to help. Its never too late to experience timeshare freedom!

Wyndham Timeshare Complaints

Video Transcription:

Latricia Thomas

Welcome back! High-pressure sales tactics have always dogged the timeshare industry and one local senior says she thinks they target the elderly on purpose. Calvin has more on the tug-o-war between Wyndam Vacation Resort and one woman’s money.

Calvin

Mildred Folds of Bridgeport Alabama says she is on the brink of bankruptcy in her golden years all because of Wyndham, one of the largest timeshare companies in the world. Now this bribed 76 year old senior is fighting back. Mrs. Folds always loved the visits to her timeshare property at the Wyndam Resort at Fairfield Glade near Crossville Tennessee except for one thing.

Mildred Folds

Fairfield Glade, there’s absolutely nothing to do there unless you want to fish.

Calvin

She began staying at the Wyndham Smoky Mountain Resort near Sevierville, Tennessee and that’s when her ordeal began. She says salespeople were always after her to buy more timeshare points to be able to stay.

Mildred Folds

“That you’ve got to buy more, you have to buy more to be able to do what you need to do and want to do.”

Calvin

She tried to resist but she says the salespeople kept pushing to get her signature on contracts for more points.

Mildred Folds

“30 or 40 times everything that you got to initial or sign, you don’t have time to read it.”

Calvin

Before she knew it, Mrs. Folds had had more than 3 million timeshare points and a world of debt. Her monthly income is $2,300 from Social Security and a pension but she owes $3,800 a month to Wyndham. She is so embarrassed that she has not told her family about what happened to her.

Mildred folds

“I feel ashamed that I let Wyndham literally talked me into these things.”

Do You Have a Wyndham Timeshare Complaint?

Calvin

Mrs. Folds is suing Wyndham; charging theft by conversion, fraud and violations of Tennessee’s consumer protection act. Her attorney Judson Phillips says, “She’s not alone.”

Judson Phillips

So how many people that are out there that are like Mildred? I wish I could give you an answer, actually I can give you an answer, far too many.

Calvin

Phillips says he has not heard one word from Wyndham’s lawyer, but we did. Attorney Gene Podeska told us, “This is ongoing litigation and I am not permitted nor interested in making a comment to you at this time.” Lori Ford with Wyndam Vacation Resorts thanked us for reaching out to them but was unable to comment on pending litigation. Mrs. Folds has her canned goods ready for sale; she also has her knitted items good to go too. She sells these items to support herself all because of her obligation to Wyndam Vacation Resorts.

Mildred Folds

“You don’t sleep well at night, I promise you. You walk the floor wondering how am I going to juggle to get everything paid.”

Calvin

Adding insult to injury Mrs. Folds could not stay at a Wyndam timeshare even she wanted to. She says all those 3 million points are going to maintenance fees, maintenance fees for a timeshare she cannot use. The purchase of timeshares and the sale of timeshares both generate a lot of complaints at the Better Business Bureau. That agency says, “Evaluate your own needs when needing to buy or sell points for timeshare and do not let salespeople dictate what your needs are. If they try high-pressure, get up and walk out.”

Wyndham Timeshare Complaints Transcription



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