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If you get stuck, Ramsey advises looking into any right-to-cancel laws that may apply and considering a timeshare exit company if you can’t sell the timeshare yourself. 4. Credit Cards
For example, radio personality Dave Ramsey, who has a particular disdain for timeshares, has referred to them as "legalized fraud" and "the worst industry on the planet." The devil is in the ...
In his teachings, Dave Ramsey has described the timeshare industry as "scummy." [36] In April 2023, a group of listeners of The Ramsey Show filed a $150 million lawsuit against Ramsey Solutions alleging Ramsey received $30 million to promote a timeshare exit company who engaged in deceptive practices.
Ramsey was born in Antioch, Tennessee, to successful real estate agents and developers. [2] He attended Antioch High School where he played ice hockey. [citation needed] At age 18, Ramsey took the real estate exam [2] and began selling property, working through college at the University of Tennessee, Knoxville, [2] where he earned a Bachelor of Science degree in finance and real estate.
These companies often charge you an upfront fee, only to disappear with the money while leaving the owner stuck with the timeshare. To avoid becoming a victim, follow these precautions: Read every ...
Timeshare owners also face a myriad of unscrupulous timeshare listing companies looking for large up-front fees with the promise that their timeshare will soon be out of their name. [1] Typically the listing company cannot sell their timeshare, nor do they have an incentive because they can collect another listing fee after the original listing ...
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