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If you’re like most Canadians, you probably have at least heard of deceptive sales practices. This practice involves omitting or misleading important information when attempting to sell you a product or service. It can lead to wasted time, mental stress and financial hardship. A recent report from the Ipsos Media Group shows that up to…
How to Dispute Timeshare Loans Dispute timeshare loans can cause headaches for many. They may have been promised a great vacation experience, but end up paying more than they bargained for. They may also have buyer’s remorse, as they can no longer use the product they purchased. The financial burden that can result from selling…
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….
A Timeshare Contract is a legal document that requires the parties involved to perform certain duties. When one party fails to meet any of the contractual obligations, a breach of the contract occurs. A contract breach might occur due to: What Happens After a Timeshare Contract Breach? When a Timeshare Contract breach occurs, the innocent…
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…
If you are someone who is not happy with his timeshare contract, then you might consider canceling it. But the first thing you need to know is, how much this Timeshare exit is going to cost you. Unfortunately, there is no exact price estimate that can tell you how much you will have to pay…