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Credit Card Disputes to Recover Money From Timeshare Fraud

Credit Card Disputes to Recover Money From Timeshare Fraud
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The first idea one would have to recover a down payment from a timeshare developer is to dispute the credit card charges. Learn the advantages and disadvantages of making this move.

Helpful or just another delay.

Recent victims of timeshare fraud turn to their credit card company for help to cancel their timeshare purchase. Unfortunately, this is normally of little help for the client, and can even cause more delay and frustration to the clients who are already financially distraught about their deceiving situation.

The likelihood of being able to cancel a timeshare scam contract via the credit card company is very low. The typical process is that the client will file a dispute with the credit card company, claiming that the timeshare company misrepresented the details of the timeshare contract.


The process

1. The credit card company will post a temporary credit back to the client´s account while the dispute is being processed.

2. The resort will be informed by the credit card company that the charge is being disputed on the basis of timeshare fraud.

3. The resort is required to show written proof of the client´s acceptance of the terms of the contract. In most timeshare scam cases, this works in the resort’s favor as all the misrepresentations made are usually verbal promises. The written contracts are carefully reviewed on a regular basis by the resort’s legal team to ensure that it covers their interests, and not the clients.

4. Once the resort sends a copy of the written contract to the credit card company, in most cases, the credit card company is required to repost the charge back onto the client’s credit card.

CC Disputes on 5 day rescissions

Other clients who have rescinded their timeshare contracts within the 5 day cancellation period allowed by Mexican law, and filed a credit card dispute at the same time, have found that the dispute process can delay the refund process. Normally, if a refund is approved by the resort, they will process it back to the credit card where the charge was initiated originally. If the charge is already in the dispute, the resort will require the dispute to be finalized before any refund is made, in case the temporary credit back to the card by the credit card company becomes permanent. This can delay the refund of the money and cause confusion for the timeshare scam victim.

In some cases it can be advantageous to file a credit card dispute. For example, if your payment is due, and you have hired our services to cancel your timeshare contract, this can be a way to delay the credit card payments that you were already required to make, without incurring interest charges or negative reports to your credit score.

As you can see from the information above, cancelling a timeshare contract that was sold under fraudulent premises is complicated and requires expertise and knowledge of the industry. Contact us today for a free analysis of your timeshare scam situation.

Our knowledgeable associates will review your information and let you know whether or not filing a credit card dispute is the right path to take in the initial stages of cancelling your timeshare contract. We can help you to ensure that your contract is cancelled properly, and advise you of the fastest and easiest way to recover your money.

 Information to share

If you liked this article, please help us to share this information to more people in order to avoid more timeshare scams victims, how?

  • Share this link http://www.timesharescam.com/blog/156-how-much-is-my-timeshare-worth/ on your favorite blogs and forums


 Leave your comment below and share your opinion with us. To know more about timeshare scams go to: Timeshare Donation Scams


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  • SusanOctober 20, 2017, 10:11 am

    We won! We requested cancellation by the credit card company. 2 months after we purchased the timeshare. They gave us a temporary credit - and requested documents from the timeshare. They provided a letter and documents. The company gave us an opportunity to respond. We responded and claimed fraud based on the fact that we did not receive the amenities in the unit they had shown us. I was able to prove based on the pictures. Also, the company was deceptive in their letter to the credit card company. I was able to prove their deception based on correspondence they had sent me. The credit card made the adjustment permanent and we received full refund of our downpayment.

  • Alondra Marzo 14, 2016, 10:41 am

    Hola, pase de igual forma muy mal trato por parte de el resort en donde tuve estos problemas ( pueblo bonito , cancun, mexico) involucrar tus tarjetas de credito con un tiempo compartido es la peor idea que pudimos aver tenido , todo por la desesperacion por querer librarnos de el.

  • NattOctober 5, 2015, 9:37 am

    Hello , In my case was a ry diffcicult task to accomplish , like many people i was hooked up by a resort, and i go further buying a timeshare, my problem was to not read the full contract and now my credit card ispaying the consequences, just avoid all timeshare promises people.

  • Sid F.August 17, 2015, 2:05 am

    Timeshare complaints everywhere, my sister was scammed last year, by a mexican resort, mayan palace, those guys convinced my sister with tricky tactis to acquire some weeks, they promised many cool stuff, all was a insane lie, my sister lost a bunch of money with timeshare scam , such a shame .

  • Alex TalamantesDecember 24, 2014, 8:15 pm

    I dont believe on the credit card process, its a very risky thing, i had very bad experience on the "timeshares" try to avoid it please

  • TheoOctober 8, 2014, 11:09 am

    Be careful with companies that offer to resell your timeshare, especially ones that are charging money upfront. We certainly learned our lesson with that…goodbye 599 bucks. All of this mess has been full of b.s. We should have cancelled it when we had the chance. Is there anyway you guys can help us?

  • rikkis_playpenSeptember 30, 2014, 11:56 am

    Three simple rules to avoid timeshare resale scams: 1) Never pay ANY type of upfront fee.. 2) If they call you first- it's a scam! Legitimate brokers DO NOT telemarket! 3) Always find out the transfer process for your timeshare before you do anything! Your resort manager or owner services dept can tell you the procedure and give you an estimate of cost. Most of the telemarketing scams ask you to pay fake fees, closing costs, and taxes!

  • AmandaSeptember 8, 2014, 7:13 am

    It’s probably too late now, but my husband and I purchased a timeshare at the Hacienda Encantada in 2004. We’ve never been to the resort because its been under construction. The more and more I think about it the more I don’t want anything to do with it. They took my husband and I to the place of construction for breakfast and gave us both several drinks and the more we talked with the salesperson the better the idea sounded. We were both only 19 at the time and I feel we were taken advantage of. Is there anything we can do about it now?!?

  • RalphAugust 7, 2014, 2:23 pm

    Great post since it offered a unique perspective that we did not think of initially. We took the time to add up the real cost and it will take many years to get our roi back. Is there anything you can do to help us?

  • Marlies SchwarzJune 24, 2014, 2:28 pm

    do never ever buy a timeshare package with sol melia or rci! it is not serious!

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