- Timeshare Scams and Fraud
Trying to get out of Mexico timeshare
I bought a timeshare in Cancun several years ago. I tried to sell it for almost nothing but no one wants to buy it. It is all ready paid free and clear but I have to pay $750 every odd year. What happens if I decide not to pay the association dues? I’ve all ready told the resort I no longer want the timeshare but they said they will turn me over to a collections agency if I don't pay the dues. Is that true? Will not paying my dues hurt my future credit scores?
- Carlos RamirezFebruary 27, 2018, 4:44 pm
If you stop paying your maintenance fee, indeed your credit will be affected, you need to cancel the contract and the promissory note in order to avoid and problems in the future with your credit score.Answer SourcePersonal Knowledge