Timeshare Compliance is a trustworthy timeshare exit company that may be able to cancel your timeshare even if you still owe a mortgage. The company has been in business since 2012 and is based out of Irvine, California.
When reviewing the company’s website, the main thing that immediately stands out to us is the Escrow payment option. Using an Escrow service to cancel your timeshare is the smartest thing you can do because the timeshare exit company does not get paid in full until after the timeshare has been cancelled. Learn more about 100% money-back vs low up-front escrow here.
Timeshare Compliance gets a +1 from us for offering an escrow option.
Website ReviewWhen reviewing the company’s “Services” page it appears that Timeshare Compliance specializes in helping timeshare owners who feel they were deceived during the sales presentation. This differs from other timeshare exit companies that claim they can simply help anyone who wants to exit. The fact that Timeshare Compliance is selective with the timeshare owners it chooses to work with is a very good sign. In the past, a greedy timeshare exit company by the name of Resort Release took on every single client without any sort of selection process and later went bankrupt because it couldn’t cancel everyone’s timeshare. Timeshare Compliance is selective with its clients because it only wants to work with timeshares it knows it can cancel. Working our way over to the Calculator page and we see an interesting tool that helps timeshare owners understand how much money they are truly spending on their timeshare each year. This can be a real eye-opener if you’ve never broken down all of the costs of your timeshare before. With maintenance fees, special assessment fees, exchange fees, membership dues and more, you’re likely not saving money with your timeshare ownership. The Credit Advocacy page is next. It shows that Timeshare Compliance has chosen to partner with a company called United Doc Prep. This company might be able to assist timeshare owners with document preparation in relation to cancelling a timeshare. It appears to be more of a do-it-yourself option for certain timeshare owners that qualify for its services. In addition to United Doc Prep, the Credit Advocacy page also talks about services that can help timeshare owners keep an eye on their credit throughout the cancellation process. If you stop making payments on your timeshare, your credit could be negatively affected. This is why it’s important for Timeshare Compliance to protect your credit throughout the lengthy timeshare exit process. Credit protection definitely sets Timeshare Compliance apart from the competition. The Process page is next and it doesn’t disappoint. Here Timeshare Compliance explains the steps you’ll take when working with the company. You’ll start by providing your timeshare documents to the company’s experts who will then review your case with you. Once everything is in order, your information will be sent to your assigned attorney and the cancellation process will begin. The fact that Timeshare Compliance works with attorneys to cancel your timeshare is a very good sign. Some timeshare exit companies don’t work with attorneys, and these companies usually don’t do much for you that you couldn’t have simply done yourself for free. Attorneys use a variety of tactics to get you out of your timeshare including:
- Looking for misleading statements in a timeshare contract.
- Negotiating a settlement with the timeshare resort developer.
- Identifying deceptive sales tactics.
- And more.
Timeshare Compliance Cost & FeesAnother thing that sets Timeshare Compliance apart from the competition is its generous financing options. The company offers financing through a company called SuperMoney. SuperMoney will lend you money for your timeshare exit based on your credit score. If you have a high credit score, you’ll get a lower interest rate on your loan. Low credit scores get a higher interest rate. Even if you have a poor credit score, the interest rate on your loan from SuperMoney is likely going to be lower than the 17% – 19% interest rate you may have through the timeshare resort developer. Like most timeshare exit companies, timeshare compliance cost and fees are not available online. The company must review your situation with you to determine how much work is required to cancel your timeshare. If more work is required, the cost will be higher. It is a general industry standard that you will likely need to pay at least $3,000 for any timeshare exit service. If you owe a mortgage, you will likely need to pay more.
Timeshare Compliance ReviewsThe company has more than 200 positive reviews on TrustPilot and more than 10 positive reviews on Google. To find Timeshare Compliance on the BBB you’ll need to look for a company by the name of Pandora Marketing LLC because Pandora Marketing LLC is doing business as Timeshare Compliance. Pandora Marketing LLC has an A+ on the BBB as well as more than 50 positive reviews. Here is one review in particular on Trustpilot that we like to see: In addition to reviews off-site, Timeshare Compliance also has several reviews on its own website. We like to look for video testimonial reviews because these are generally the most trustworthy, and as of Feb. 2020, Timeshare Compliance has three.
SummaryOverall, Timeshare Compliance is a trustworthy timeshare exit company that we love to recommend for the following reasons:
- Offers an escrow payment option.
- Has been in business since 2012.
- Uses attorneys to cancel your timeshare.
- Is selective with the customers it works with.
- Has positive video reviews, an A+ with the BBB and hundreds of positive reviews online.