261 inquiries | Timeshare and Resort Promotion Services
(800) 923-1958
http://www.mgmuniversaltimesha...
Company Rating
F
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N/A
Membership Information
This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
Complainants allege deceptive sales practices and inability to cancel or obtain credits or refunds. Clients complain the company takes their credit card number telling them it will to be used to pay required advance fees associated with the sale transaction of their timeshare. Complainants report without receiving a copy of their contract the cards are immediately charged between $1000 and $2000 and they are unable to cancel and obtain refunds.~~In a few cases customers disputed the charges with their credit card issuer to recover their money. The company failed to respond to all complaints presented by our office.
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Company Info
This company's nature of business is a timeshare sales program.
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Licensing
As of our last verification on October 8 2009 this company was not licensed by the California Department of Real Estate as a Timeshare Reseller. For the most up-to-date information regarding license status consumers may contact the DRE by calling (916) 227-0886 or by visiting their website at www.dre.ca.gov.
BCA has no information regarding government actions at this time.
This company purports to provide assistance to timeshare owners by helping them sell their timeshare property. The company asks for a credit card number to pay for closing costs in advance. Once the credit card number is given the company refuses to accept cancellations and places unauthorized charges on the credit cards. ~~We urge caution. This company is a timeshare advertising company. They do not act as brokers or real estate agents or facilitate sales. Only licensed real estate brokers or sales agents working for a licensed real estate broker are authorized to sell or resell timeshares in the State of California. ~~The BBB warns that our experience with this industry was shown that companies who publish timeshare advertising in magazines or internet directories have used deceptive sales practices to lead customers to believe that they were listing their timeshare with a company who could sell it or that they could sell the timeshare units themselves. After agreeing to services and paying up-front fees customers found that all they were receiving was an ad in a publication. Don't rely on verbal representations made by salespersons. If you have any questions about the contract or agreement or if it does not clearly state what service is to be provided it is advisable to have an attorney check it out before signing.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
BCA has no information regarding advertising review at this time.
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