Cancel Your Timeshare Finance
Realising that you have been sold the wrong financial product or made a bad investment can leave you feeling betrayed and embarrassed and resulting in financial losses. You might run through the scenario over and over again to see if there was anything you could have done differently - you just wish you could get back to where you were before you were sold that product.
According to the FCA (Financial Conduct Authority), all financial products should be sold in a fair, transparent, and not misleading way. If one or more of the items on this list sounds familiar, then you might have been mis-sold:
- The advice you received was terrible or unsuitable in some way
- The risks were glossed over, downplayed or ignored entirely
- The full details about the financial product were not provided, which resulted in you purchasing a product that was not suitable
- Additional charges and fees included with the product were not disclosed until after you were committed
- You were subjected to overly intense sales pressure without concern for what would be best for you
Unsuitable Advice
Mis-selling means that you were given unsuitable advice, the risks were not explained to you, or you were not given the information you needed and ended up with a product that wasn't right for you.
The modus operandi for timeshare companies is to apply pressure over many hours, affecting the consumers' ability to make an informed decision about whether to purchase a particular product. Breaching the 2008 mis-selling regulations.
Our opinion is that the only reason the timeshare owners' financial mis-selling hasn't been clamped down is due to the timeshare companies being based overseas, with many unscrupulous banks and lenders turning a blind eye.
If you feel like you have been mis-sold and would like to cancel your Timeshare and Timeshare Finance, give us a call. One of our trained advisors will be able to guide you through your options.