Bogus Bonus Timeshare Week Calls: How To Spot A Scam
The offer of a bonus timeshare week sounds like good news all round, but a recent swathe of bogus bonus timeshare week calls may mean that the too-good-to-be-true offer is exactly that.
If you receive an unsolicited phone call offering you one or more extra weeks of holiday in your timeshare, beware. The call may make the offer seem both tempting and genuine, and the caller may claim to be from your timeshare resort or company itself, or to be representing the company. They may also know some details about your timeshare, enough that you believe that it is a real offer. If you query the reason behind the offer, you may be told that it is a reward for your long term ownership or membership.
Free Bonus Timeshare Weeks – At A Price
Such a bonus timeshare week is almost unheard of in the timeshare industry… unless there is a hidden motive. With these sort of scams will lure you to a destination in order to hard-sell you another product.
The cold caller will probably tell you that the offer is limited to particular resorts, but that they have unlimited availability at those resorts. Sounds good, but the reason is that the entire ‘offer’ is designed to lead you into a gruelling timeshare sales presentation.
As usual, this presentation is supposed to be ninety minutes, but – as we know all too well – they can go on for several hours. There is a clever psychological reason for this. After several hours, you’ll be so inundated with information, and so worn out and bored, you’ll be more susceptible to their manipulative tactics. Even if you are confident in your ability to resist, they have a persuasive method that tends to sign up even the most sceptical of people.
As part of the bonus timeshare week call or presentation, you may be asked to hand over some money. This is illegal. No payment should be taken within the first fourteen days, so hold onto your money. Once you have given them card details, it can be a challenge to get that money back, so if you are offered a bonus timeshare week, do not agree to anything before double checking directly with your resort or timeshare company yourself.
What Will They Try To Sell Me?
You already have a timeshare, so why would they try and sell you one again? Well, the idea is to sell you other ‘offers’ related to holiday products, such as:
- The offer to take over your existing timeshare
- A cashback scheme
- A ‘reclaim’ certificate
- An ‘investment’ scheme
- A ‘holiday club’ membership
- A ‘discounted travel’ membership club
Some of these offers may seem particularly attractive to you, depending on your circumstances. For example, many people wish to be rid of their timeshare once it has become a financial burden. In cases like this, however, it is usually the case that this ‘takeover’ does not actually take place, and consumers are left with just a document that isn’t worth the paper it is printed on, and remain bound to their timeshare contract.
‘Investment’ schemes in timeshare are also far from the case, with consumers losing money almost unanimously, whilst any ‘memberships’ you’re offered could turn out to be nothing more than thin air.
If you think you have been the victim of a bonus timeshare week cold calling scam, then it is important that you get legal representation straightaway. Often, these fraudsters are quick to disappear into the mist shortly after taking your money, so time is of the essence if you wish to gain justice and recoup your losses. Get in touch with a member of our team of legal experts, who will listen carefully, help you understand your rights, and what your next step should be.