Questions To Ask Your Timeshare Exit Consultant

You should never try to get out of your timeshare alone. Resort employees make the process complicated on purpose, so people lose hope. That’s why you could consider working with a trusted timeshare exit company. Professionals in the field will know what tactics and strategies to watch out for during the cancellation process. Read about these questions to ask your timeshare exit consultant, so you’re prepared for what lies ahead.

How Long Will It Take? What About Continued Payments?

Unfortunately, getting rid of your timeshare may take a while. You must ask the exit consultant how long the cancellation will take, so you’re prepared for how the process will affect your life.

Pro Tip: One of the reasons that it’s vital to ask about timelines is because you’ll likely have to keep paying for the property until the courts void the contract. The last thing you want is to be stuck with old payments because you weren’t making them as frequently as you should have been.

What Are the Service Costs?

Like all business professionals, timeshare exit consultants expect to be paid for their services. As a result, you should ask how much their assistive services cost and whether it’s a one-time payment or several. Once you know how much it’ll cost to get out of the agreement, you can begin saving to get the help you need.

Can You Expect Money Back?

Another question to ask your timeshare exit consultant is whether you can expect to get money back once the property is off your hands. The short answer is usually no. Timeshares aren’t a wise investment because they’re hardly worth anything on the resale market. Potential buyers will likely buy a new property, not a used one. Consequently, it’s common for owners to lose money on their timeshare.

What About Your Credit?

You might also ask a trusted exit professional how the process will affect your credit because the chances are good that it will. When a bank sees that you’ve fallen behind on payments, your credit score will drop. A low credit score will impact your ability to get a future loan, which may influence major decisions for the rest of your life.

Again, exiting your timeshare contract is a stressful process, and no one should try to do it by themselves. Instead, you should work with a company that’s familiar with timeshare cancel services. Preferred Cancellation Services operates with transparency. Every member of our team is dedicated to getting our clients back to their everyday lives.