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Timeshare Debt: Can my credit score be affected?

Timeshare Debt: Can my credit score be affected?
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All timeshare resorts need to have in order to send you to a debt collector and affect your credit rating is the info on your driver´s license. Learn how to protect your CC score from those manipulative debt recovery collectors.

There are companies that their job is to collect people´s data into a database. Debt collection companies use this to track people down and contact them requesting payments.

Do not underestimate the collection agency´s ability to find you. their resources are almost unlimited to track down a delinquent debtor. If your interest is to settle, It is best to contact the timeshare resort who sent you to collections on the first place and negotiate a settlement. Usually, the customer service from the timeshare resort will try and get you to pay the contract in full and keep the contract so they can keep billing you to pay a long lasting, ever increasing, maintenance fee. Timeshare resorts know that they have the upper hand when it comes to credit ratings and can affect you easily. Unfortunately, you are guilty until proven innocent and it can take a long time to reinstate your credit rating if affected.

If a collection agency gets a hold of your account, they will incluide special fees, interest and other expenses that are usually way more money than the original debt and can report you as past due. This report usually takes 30 days to appear on your credit report. It usually takes 7 years to wipe off a debt that was not paid on the Credit Report so make sure you cancel your timeshare contract in the appropiate manner.


The most common Collection agencies used by timeshare resorts are:

Mayan Palace:
Summit Opportunities, LLC, Houston, TX Compañia de Renta o Re-venta: Resort Rentals, Continental Connections, Global Marketing Systems, Alliance Integrated Marketing Systems (AIMS), My Vacation Brokers, Imperial Property Management, Destinations International, Embassy Vacation Pro. 

Pueblo Bonito, Royal Holiday, Nh Krystal, Hacienda del Mar:
Concord Servicing Corporation, Phoenix & Scottsdale, AZ, Blackwell Recovery Scottsdale, AZ

El cid:
Resort Communications, Inc (RECO), San Diego CA; Textron Financial Corporation 

Royal Elite:
Monterrey Financial 

Raintree :
Aspen National Collections, Brooksville, FL & Grand Junction, CO

If you feel you have been misrepresented into buying a fraudulent timeshare contract, contact us at Mexican Timeshare Solutions (MTS) for your free consultation on how you can get rid of your timeshare.

MTS does not charge any upfront fees. MTS is a results-based organization that works hard to protect and fight for consumer rights. MTS does not have any relationship with timeshare developers and excellent success rate in cancelling timeshare contracts and recovering timeshare owners’ money. Our experts work on a 100% contingency basis, meaning, if our Associates cannot cancel your timeshare contract successfully, you do not pay us a penny.

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

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  • Vianey OsunaApril 8, 2019, 12:14 am

    Hemos intentado de mil formas cancelar nuestra membresía porque no podemos seguir pagando esto, no queremos que nuestro credito se vea afectado por este error de la membresia, necesitamos ayuda urgente.

  • nayFebruary 23, 2015, 5:00 pm

    Unos amigos mios canadienses, tuvieron la mala fortuna de encontrarse con los tiempos compartidos, ellos son unas personas ya de la tercera edad, y por lo tanto les encantaba ir a la playas de mazatlan , soy muy cercana a ellos por lo cual conosco toda la historia, para no hacerla muy larga invirtieron en un tiempo compartido en mayan palace , lo cual pensaron que seria una buena idea, despues me decian que nunca tenian disponibilidad cuando querian usarlo , y aun asi les estaban cobrando cuando ni siquiera lo usaban, tuvieron un problema a la hora de querer sacar su credito para una vivienda nueva , hasta la fecha siguen arreglando eso, de vd que es una pena.

  • acangarSeptember 27, 2014, 11:49 am

    I was upgraded from Grand Mayan to Grand Luxxe prior to its opening back in 2009, so I was supposedly offered a "pre construction" deal. The sales rep told me that the reason they were offering this great deal was that they wanted my weeks back from Grand Mayan to offer it to Golfers in East Coast. On top of so many other lies including a dedicated Butler, limo pick up and drop off from airport he also guaranteed me that for every week they rented from my old Grand Mayan weeks, I would get $1000 credit to be used to pay for my future maintenance fees, plane tickets, credit for resort spending and many others. He guaranteed that I would have that credit in less than 6 months .... IT WAS NOTHING BUT LIES. that never happened. They also sold me on getting 6 weeks so I could rent at least 4 weeks a year and have a nice hefty income. Int heir own words, "WE WILL GUARANTEE BY APRIL OF EACH YEAR ALL YOUR WEEKS WILL BE RENTED". Again, to-date not even ONE WEEK has been rented. Truly I was scammed!!!!! Anyone else have experienced this?

  • YaneliAugust 25, 2014, 7:18 am

    Sometimes timeshares result to be scams, for that reason is important to kow how they really work.
    Maybe, for families who are used to travel a lot are good, but for families who only travel ocasionally are not good.
    If you want to buy a timeshare is important to inquire about them, because they aren't always what they appear.

  • KenAugust 7, 2014, 3:00 pm

    DO NOT under any circumstances agree to a sales presentation at the Grand Mayan regardless of what they offer you. Even if you are able to make it through all the tiers of sales people they will send you through it will be 5+ hours later before you finish and get your gifts.

    The almost short version of the story is we were hit up in the Airport by someone who claimed to be with our transportation to the resort (they were not) and they offer some attraction tickets that we were interested in to attend a tour of the resort. We already own a timeshare and knew it was a sales presentation but were dumb enough to think we could get breakfast and our gift in a couple hours.

    The presentation is very well done and they sell you on the point that it is an investment where you can rent out your weeks through an affiliate they set you up with for much more than your usage fees. In our case we bought 2 weeks in a 1BR suite that costs us as members $570 each year in maintenance for one week and 2 additional weeks at $570, each paid when you book it. We were told that these units rent all the time for $1000.00 per week and that was a low number and we could expect to get much more. We were also told that they are the top timeshare and the plan we bought would continue to increase in value, so if we ever sold it we would also make a profit. We were then told that demand was so high for these units that they would credit our sales price the $4000.00 if they could keep 2 units for the next 2 years to meet the demand for units.

    All lies of course, once we returned home and started looking into renting the week we still had we found a lot of available units for much less than $500 per week even on the 2BRs. We also researched the resale prices to find our same plan could be bought for less than $1500.00. The easy way is go check ebay for Grand Mayan timeshares and see the buy it now prices, then see that very few ever sell at all.

    Even if you fall in love with the place you can buy online from an owner any week you want to go for a fraction of the price of the annual fees. Stay away at all costs, timeshare sales are bad but this place takes it to a whole new level. It ruined our vacation and possibly our future vacations as we now are paying much more and stuck in timeshare with little value.

  • Fred JohnsonJuly 14, 2014, 12:58 pm

    Timeshares are a disaster with their ever-increasing maintenance fees and their special assessments when they decide to put in a new? pool or happen to install new lighting fixtures or need to redo the landscape.

  • burrito211June 20, 2014, 3:56 pm

    Im looking for any advice on how to get a timeshare of my credit is there any advice out there my timeshare is defaulted back in january 2010

  • lastrodeo1June 11, 2014, 1:13 pm

    There are good time shares out there. However, most of them have a waiting list of qualified buyers to purchase when the owners decide to sell.....If its being heavily promoted, pushed or tarted up to look good, assume its trash and don't waste your time. If you want a good time share, you will still have to pay for it but go through legitimate channels.....

  • lastrodeo1June 11, 2014, 1:13 pm

    There are good time shares out there. However, most of them have a waiting list of qualified buyers to purchase when the owners decide to sell.....If its being heavily promoted, pushed or tarted up to look good, assume its trash and don't waste your time. If you want a good time share, you will still have to pay for it but go through legitimate channels.....

  • KarenJune 9, 2014, 12:59 pm

    It’s been 2 months since we gave a down payment so if I call PROFECO they will help me??? I want to get this done but the company wants 30% for cancelation and some compAny ask us to pay $2,600 to help us !!!!

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