If you’re a timeshare owner who’s looking to cancel your contract, it’s important to be aware of timeshare scams. Unfortunately, there are many unscrupulous individuals and companies out there who prey on timeshare owners who are looking to get out of their contracts. Keep reading to learn the tell-tale signs it’s time to put the pen down and search for a more trustworthy and reputable timeshare exit company like RFA Corporation.

Scams, Red Flags, and More

1. Do your research
   Before engaging with any company or individual who claims to be able to help you cancel your timeshare contract, do your research. Look for reviews and ratings from reputable sources and check with the Better Business Bureau (BBB) to see if any complaints have been filed against them. RFA Corporation has a 5-star rating on the BBB with a collection of customer reviews that will set your mind at ease.
2. Be wary of cold calls and unsolicited offers
   If you receive a call or email out of the blue from someone who claims to be able to help you cancel your timeshare contract, be cautious. Scammers often use high-pressure sales tactics and may make promises that sound too good to be true. RFA Corp will always announce our presence with a trusted line of communication only after you’ve established that line with us. No cold calls or spam mail to worry about.
3. Don’t be swayed by promises of a quick fix
   Canceling a timeshare contract can be a complex and time-consuming process, especially if you’ve been dealing with a disreputable timeshare company. Be wary of any company that promises to have your contract canceled in a matter of days or weeks. With RFA Corporation, we’re very upfront and honest about the process from the get-go. On average, the cancellation process can take anywhere from 8-12 months, but it all depends on your situation. Some cases can be as short as 4-6 months while others could take up to 18.
4. Avoid companies that claim to have a “secret” or “guaranteed” method for canceling timeshare contracts
   There is no magic formula or secret method for canceling a timeshare contract. Legitimate timeshare cancellation companies will work with you to develop a customized strategy based on the specifics of your contract and your individual circumstances. Our team of professionals are experts on the intricacies of the financial and legal aspects of timeshare cancellation. We take the most direct path with the greatest chance of success. There might not be the “magic” fix, but your odds of coming out on the other side free and clear are much higher.
5. Be cautious of companies that offer to sell your timeshare for you
   Some timeshare cancellation scams involve companies that claim to be able to sell your timeshare for you. However, these companies often require you to pay upfront fees or sign over your timeshare deed before they even attempt to sell your property. Many of RFA Corp’s own clients have found out the hard way that their property doesn’t have a sell value anyway. Unfortunately, many timeshare resale companies are also scams, so it’s important to do your research and be wary of any company that promises to sell your timeshare quickly and for a high price.
6. Don’t give out personal information to unsolicited callers
   Scammers may try to obtain personal information from you over the phone, such as your Social Security number or credit card information. Never give out this information to someone who contacts you out of the blue, even if they claim to be from a legitimate company.

Successfully Safe

By following these tips, you can help protect yourself from timeshare scams and find a legitimate company to help you cancel your timeshare contract. Remember, it’s important to take your time and do your research before engaging with any company that claims to be able to help you cancel your timeshare.

RFA Corporation is a trustworthy and well-known choice for those wanting freedom from their timeshare obligations safely and legally. With our high BBB rating, positive client testimonials, and professional and diligent client communication, there’s really no reason not to partner with RFA when you want a contract cancellation. Schedule your free consultation with us today!