posted 7th April 2024
The ease with which Shawbrook, Hitachi, and Barclays Bank approved large unsecured loans to victims of illegally sold timeshares at Club La Costa has not only made national news but also been discussed by MPs and government departments. Following on from the successful High Court decision in 2023, Shawbrook Bank, Barclays Bank, Hitachi (Novuna) Personal Finance, First Holiday Finance and Honeycomb Finance are now responsible for paying back victims of the Club La Costa Fractional Investment Scam. However, as it stands, only CLC members that have a Fractional timeshare points membership qualify, and you must make a claim in time, otherwise your claim will be statute barred and you will lose out. This is not PPI!
Reckless selling and lending by Club La Costa and the Banks has led to thousands of Club La Costa Fractional members owed up to 500 million pounds in compensation payments.
- Qualifying and successful CLC timeshare owners will receive the following compensation:
- A full refund of all money paid to the bank.
- Compensation of 8% per year on the total capital.
- Refund of maintenance fees plus interest.
- Membership and Maintenance fee cancelled.
Important point: We do NOT charge ANY upfront fees. You only pay us if we win.
Timeshare is an unregulated industry renowned for high-pressure selling tactics and mis-selling. Despite this, the banks that funded victims' memberships with high-interest loans only had one thing on their mind: money! The reckless decision to fund dodgy timeshares has highlighted severe failings in consumer duty protocols and serious questions regarding the bank's consumer credit procedures.
Fortunately, due to our company's relentless work over the past ten years, affected members are now receiving compensation from the banks involved. If you haven't made a claim with us and would like your money back, contact us. There are no upfront fees; you only pay us if we win.
