Research is the key to avoiding fraud
Last month we published an article highlighting the sort of investigations you need to carry out before buying a timeshare, today we will look at the sort of research you need to carry out to avoid becoming the victim of fraud relating to timeshare sales, exits and claims. Over the past few weeks both the […]
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Canary Islands – Tourists go home!
There is no denying that the Canary Islands comprising Tenerife, the largest island, followed by Fuerteventura, Gran Canaria, Lanzarote, La Palma, La Gomera and El Hierro, with the smallest being La Graciosa, collectively they represent the timeshare capital of Europe. The majority of timeshare resorts are on Tenerife, Lanzarote and Gran Canaria and it’s these […]
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Timeshare USA – FBI New York warns on timeshare resale scams
Although TCA focus primarily on timeshare scams concerning owners of timeshare in the UK, the USA has its fair share of problems. Timeshare fraud is on the rise and in the States resale fraud is the number one. TCA have produced many reports regarding the lack of a secondary market relating to timeshare sales. In […]
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Les Naturelles, Leukerbad, Switzerland closes for timeshare owners
News has reached us from some rather disgruntled timeshare owners who have all stated that their ownership will be cancelled with effect from the end of this year. This presents another sad indictment of the state of the timeshare industry in Europe. According to the communication from the resort, there is no buyback offer, however […]
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Contract Advocates – A new scam company?
A friend of TCA who lives in Gran Canaria alerted us to a Facebook posting on an employment group in Gran Canaria, nothing unusual about that except the content of the advert. Very few companies in Spain employ English speaking tele marketing staff, and when the advert specifically had the word “timeshare” in the text, […]
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Timeshare.com – Blowing smoke
Every day of the week the TCA investigation team scour the internet for newsworthy comments surrounding the timeshare industry to keep you, our readers, up to date as to what’s hot and what’s not in the world of timeshare. Although we have seen, and glossed over, the website with a domain of www.timeshare.com the first […]
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Timeshare USA – Fixed price future holidays?
One of the myriad of sales untruths peddled at timeshare presentation meetings is the fact that by buying a timeshare you are effectively future proofing your holidays at today’s price. To a certain extent this is true, however, all is not as simple as the sales team would have you believe. About 10 million U.S. […]
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Timeshare – Why has it gone so wrong?
A simple question with probably dozens of answers but taking a focus on just one area, the area that seems to raise most complaints from TCA enquires, availability. In the good old days of the fixed week product timeshare owners knew exactly what they were getting. A guaranteed holiday at a guaranteed time in a […]
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Financial Ombudsmen Service – Treasury Committee asks questions on fractional loans
The Parliament Treasury Committee met on the morning of the 27th February to discuss various issues surrounding the Financial Ombudsman Service. Included in the nearly 2 hour meeting, Abby Thomas who is Chief Executive and Chief Ombudsman at the FOS came under the spotlight. The meeting covered various areas of questioning but of significant interest […]
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Global Great Hotels – What’s going on?
Has anyone any idea as to what is going on with Global Great Hotels, because at TCA we really haven’t got a clue, or at least, not much of one. Looking at the back history and comment on the internet it appears that GGH had glowing praise, but towards the middle to the end of […]
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