Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

FINANCE

  • Timeshare Compensation supporting owners to know their rights
  • New compensation calculator tool launched
  • 9 consecutive court cases lost by timeshare industry (Timeshare Consumer Association)

January is the perfect time for having a clear out. With the overindulgence of Christmas firmly behind us, it’s time to adopt a lean, healthy lifestyle and save some money. For those with an unwanted timeshare, 2017 brings with it an unprecedented opportunity for doing just that.

There’s a strong appetite for getting rid of timeshares. Some 10% of all timeshare sales are now resales, according to Interval International. As resales take an ever-larger share of the timeshare sales market, it’s clear that there are plenty of families out there who’ve had enough of their ownership and are looking for a way out.

However, resale isn’t the only option available to those looking to turn an unwanted timeshare into money, as a spokesperson from Timeshare Compensation explains,

mission“Timeshare compensation claims – and successful outcomes to those claims – are on the up. The supreme court has been instrumental in encouraging owners to come forward and claim compensation for their mis-sold timeshare, with nine supreme court rulings in a row going against major timeshare companies in the past few months, according to the Timeshare Consumer Association.”

Timeshare Compensation exists to support individuals to understand their options when it comes to claiming compensation. The company’s compensation calculator offers a quick and easy way for timeshare owners to calculate how much they might be owed. In addition, there is a team of dedicated advisors who can explain to owners what their options are.

Timeshare Compensation’s mission is to educate timeshare owners regarding their rights. Recent supreme court rulings have determined that compensation may be payable if a timeshare contract is found to be illegal. Contracts that last longer than 50 years, are for floating week products and involved taking money during the cooling off period are all now considered to be illegal. However, many owners remain unaware of this and are instead stuck with a timeshare that that no longer want.

“The landscape is shifting for timeshare owners,” comments Timeshare Compensation’s spokesperson. “Owners now have more options than ever before when it comes to turning an unwanted timeshare into money – the law is there to protect their rights and their wallets.”

Continue Reading

Recent Posts