Timeshare scammers are opportunistic. They tend to strike when someone is at a low point in their lives. This usually occurs as a result of financial strife. However, there are other reasons why scammers are able to prey on those who have timeshares for sale. A poor economy, age, emergency funds, and other reasons all contribute to the problem. If you want to get rid of your timeshare, then you need to enter a how to cancel my timeshare search query. This will give you all of the information that you need to cancel it safely.
A poor economy always signifies the scamming season. When the economy is down, people tend to unload assets that no longer bring them wealth and prosperity. This is done to alleviate the financial strain of daily life. However, you should never be willing to sell your timeshare to just anyone. Also, never allow someone you do not know to handle your timeshare sale. Consider other ways to get the money you need when the economy is down. You might be able to cut down on bills by turning off lights and adjusting your AC unit within your home.
Emergencies are unpredictable. This means that you might be called upon to use money that you do not have in order to help yourself, a friend, or a family member. Emergency money should be saved over time. Create an account and make sure that you have the discipline not to use the money in it. This will keep you safe, and it will prevent you from having to sell your timeshare during an emergency. Scammers often prey on people that they know need money fast. When someone’s health is on the line, they are willing to unload their timeshare cheaply.
Timeshare scammers also strike through phishing scams. Phishing scams are mass emails sent out to vulnerable targets. The emails will often ask you to divulge personal information about your timeshare. These emails often look official, so it is easy to be fooled. However, if you respond to one of these emails with your personal information, then your timeshare might become hijacked. Avoid this by immediately deleting suspicious emails. Never open an email from someone you do not know, and contact the authorities as soon as possible.
Elderly people are certainly targets as well. Timeshare scammers take advantage of them because they are trusting. Sometimes they do not fully understand all of the details of a deal before they sign paperwork. Once the paperwork has been signed, then there is nothing they can do if they sell a timeshare for far less than the market price. If you have elderly family members, caution them about these types of deals. This is the only way to protect their finances.
01 Sep 2014