How to spot a timeshare scam

Timeshare is affordable, but make sure you are not duped. Picture: Pixabay.

Timeshare is affordable, but make sure you are not duped. Picture: Pixabay.

Published Sep 20, 2018

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Timeshare has become an attractive way for affordable accommodation. However, there are many fraudulent activities that have hindered business. 

Alex Bosch, the spokesman of Vacation Ownership Association of Southern Africa (VOASA), said there will always be companies that use fraudulent and dubious marketing tactics to deceive consumers and timeshare owners for their own financial gain.  

“These companies often operate under the guise of being a legitimate timeshare resale company or travel club. As a result, the reputation of the industry suffers damage and VOASA members who operate legitimate businesses are impacted negatively,” he said. 

Bosch shared some tips on how to spot a travel scam: 

*You receive unsolicited calls or emails from a company regarding the sale of your timeshare or the elimination of maintenance fees.

*If an offer sounds too good to be true (it probably is).

*Any call or correspondence offering to transfer your paid-off ownership to another party. 

*If you receive a call from someone claiming to be a representative of VOASA remember that they do not offer any sales or resale services.

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