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Warning Signs of a Timeshare Scam

In an article written by Randy Hutchinson, president and CEO of Better Business Bureau of the Mid-South, he provides insight and tips on how to protect yourself from potential fraud in a timeshare deal.  According to the article a 2020 study conducted by ARDA found that 9% of the 10 million owners of timeshares wanted to sell them within two years of signing a contract.  Citing lifestyles changes, and no longer being able to afford to pay the maintenance or resort fees ranging from hundreds to thousands of dollars, as a reason to want to get rid of their timeshare.

With few options on the table for the timeshare consumer, he warns of timeshare scams that are robbing Americans of millions of dollars and how you can identify a potential scam.

Rich Folk