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Can You Get Rid of Global Exchange Vacation Club (GEVC)?

All timeshares are notoriously difficult to cancel. When thinking about whether or not you want to purchase ownership in a timeshare, one of your primary considerations needs to be what will happen when you want to get out. Most timeshares can’t just be canceled, as you are technically an owner, and the vast majority are extremely difficult – if not impossible – to sell.

What about Global Exchange Vacation Club, or GEVC? We’ll take a look at this brand specifically below to see what you may need to go through to get out of your ownership situation. The sooner you get started on this process, the sooner you will hopefully be out from under your obligations and can move on with your financial life.

What is Global Exchange Vacation Club?

Global Exchange Vacation Club offers vacation ownership opportunities, which are often referred to as a timeshare. Unlike some other timeshares, where owners are limited to a single destination, or a small group of destinations, GEVC offers access to thousands of resorts to its members. This fact alone is likely one of the biggest selling points for the timeshare and is one of the main factors when buyers decide to sign on the dotted line.

Where are those resorts located? Well, that’s a little tricky to determine, at least at first. The website for GEVC offers limited information about the resorts that are included in the program, so you will have to contact them directly to get more information if you are interested. This system uses the RCI Points program, which is one of the leading platforms in the timeshare space.

As is so often the case in the timeshare industry, this company tends to use tactics like free giveaways in exchange for attendance at a sales seminar to bring people into the fold. These kinds of seminars do allow you to learn more about what a timeshare has to offer, but they tend to be high-pressure, which makes some people uncomfortable and could cause you to make a decision that you might not have made otherwise.

Why You Might Want to Leave GEVC

So, if you are already a timeshare owner within Global Exchange Vacation Club, why would you want to leave? While access to thousands of resorts does sound appealing, there are going to be some drawbacks that could quickly sour you on the experience. This is a process that many previous timeshare owners have been through, and you may come to regret ever getting involved with this obligation.

As a starting point, you might decide to leave GEVC simply because you don’t feel like you are getting good value for your money. As the months and years go by, and more and more of your money is spent on this membership, you may wonder if those dollars couldn’t have been better used to travel a different way. There are many different options for travel in the modern world, and timeshare ownership can quickly get expensive for what you get in return. Once the shine of the sales pitch wears off and you see what you are really getting, leaving the timeshare might start to look appealing.

That’s not to say that there aren’t some beautiful resorts that will be accessible to you as an owner. There are, and if you are able to book a trip at the right time for your needs, you could certainly enjoy the experience. But it’s that booking process that can become frustrating and perhaps not be what you expect. Reservations that are made by owners are offered on a “Space Available Basis”, and like many timeshares, that space might not be available as often as you would like. Or, if there is space available, it will frequently be in the less-desirable times of year, or in the resorts that aren’t as popular. Booking a trip to one of the top locations in the middle of the summer, for example, could prove to be difficult or even impossible.

Finally, some people want to leave their timeshare ownership because of a change in life situation or financial challenges. If you or a loved one are dealing with a physical limitation that prevents you from utilizing your timeshare, it would obviously make sense to look for a way out. Or, if other financial demands in life have put you in a position where you need to make some cuts, travel is going to be one of the first things to go.

A Tricky Process

It would be great if this was the place where we could tell you that it was easy to get out of Global Exchange Vacation Club if you no longer want to be an owner. That’s not exactly the case, however. According to the information provided on the GEVC website, your membership is in perpetuity, and it is considered ownership that is backed by real estate. In other words, you shouldn’t expect to just be able to cancel your membership and move on with your life. You are considered an owner and will have to take steps to find a way out.

As a starting point, if you have just agreed to purchase this membership and now realize that you don’t want to do it, you do have five days to reverse your decision. By law, you have to be allowed out of the contract if you request for it to be canceled within five days of agreeing to the deal. So, if that happens to apply in your case, contact the company immediately to pursue cancellation.

If you aren’t within five days of originally agreeing to the deal, you can simply reach out to the company directly to ask about options for leaving the timeshare. Although you might be frustrated, do your best to be professional and respectful in your dealings. It’s only going to be harder to get help if you approach the agents who are working with you in an aggressive and hostile manner. It’s entirely possible that they will tell you there are no options available to leave, and you’ll have to go from there to look into other methods of resolving this matter.

If a surrender program is made available, be sure to pay close attention to the details of that program so you understand what you are getting into. Likely, it will involve giving up all rights to your ownership, effectively immediately, and you might even have to pay to file the request. However, if it is only a one-time payment that is needed to get out of this situation for good, that will probably prove to be a wise choice.

Exploring Other Options

In the absence of anything helpful from GEVC, you can consider some other possibilities. First, you could try to sell your ownership on your own. This usually isn’t easy, but it’s not always impossible. There are resale market platforms that you can use to list what you own and potential buyers can contact you for more information. You should not expect to make anything off of this sale, as the timeshare is almost certainly worth nothing – the upfront price you paid to purchase the timeshare has nothing to do with its actual value on the open market.

With that said, even if you can sell it for a single dollar, that would be considered a win. You’d be out from under the ongoing maintenance fees and you can move on. It’s the ongoing obligation associated with owning a timeshare that is the real problem, so getting away from that reality and taking yourself off the hook for future maintenance fees and assessments is a big victory for your financial future.

It might also be an option to rent out your timeshare points to others who want to take vacations at the properties that you can access. First and foremost, you’ll have to confirm that this is allowed with your GEVC account. If it’s an option, you can at least recoup some money through renting it out, even if you are still the owner and still responsible for the account. That will take some of the financial burden out of the situation and help you continue on until another way out presents itself.

As a last resort, some people simply stop making payments on their timeshare. This isn’t ideal, of course, as it can lead to a major hit to your credit score and other implications. However, in cases of severe financial distress, it might be the only way to go. Before you stop making payments, be sure that you have been in contact with the timeshare company to figure out if there are any other options available to you that wouldn’t come along with such significant ramifications.

Assistance is Available

You are far from the only person who would like to cancel or otherwise get rid of a timeshare as soon as possible. With that in mind, there are companies that have been created specifically with the purpose of making this happen, and you can reach out to us directly at

833-416-8796 for guidance and a helping hand. Rather get help online? Not to worry – just use our chat feature and get the ball rolling.

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