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Having to cancel a timeshare purchase can be very stressful. However, there are a few things that you can do to avoid the hassle. First, you need to be aware of your rights. In most cases, you are allowed to rescind your purchase within a certain period of time. Depending on the state, the rescission…
The quick answer is, that if owners are successful with their disputes, their credit will not be affected at all—even if they’ve stopped paying on the timeshare at the beginning of the dispute. If the company decides to cancel the contract and issue a refund, there will be no adverse effect on the credit rating….
Timeshares can be inconvenient. You might be considering letting your timeshare go into foreclosure if you’re making a monthly mortgage payment for a home you almost ever use, as well as exorbitant annual maintenance fees. Before you do so, think about how foreclosure can affect your credit score. A timeshare foreclosure, like home foreclosure, will…
Hilton Grand Vacations Inc. (Hilton) and its board of directors have been hit with a lawsuit for allegedly lying to shareholders and misleading them in the company’s acquisition of Diamond Resorts. The lawsuit was filed on May 7 in New York by lead Plaintiff Marina Clough, who alleges that the company and its board have…