Last updated September 13th, 2022
Tradebloc is a financial services company that offers credit and debt management, and may be able to help get you out of a timeshare. They have been in business for 4 years and are headquartered in Dallas, TX.
The main Tradebloc website is brief but thorough, and is overall very clean- and professional- looking, as well as easy to navigate. The content offers succinct but helpful information about their various services, which makes it easy to know what to expect from them. The About page is the main place where one can find this information. Tradebloc notes here that the services they offer include credit monitoring, credit and identity theft protection, debt settlement, and contract cancellation. All of this, based on their reviews — which we’ll get to below — definitely applies to timeshare exit.
There is also, notably, a separate website for Tradebloc’s travel-related services. It offers similar information to the main website’s Travel subpage, and appears to be mostly a hub for getting in touch with the company. It notes that “Tradebloc has finally jumped into the travel arena and has built the best travel fulfillment technology in the world to give its members the world’s best, authentic, discounted travel.”
So it appears that, not only does Tradebloc help people resolve long-standing issues with resorts and timeshare companies, but they also provide an interesting alternative to timeshare programs. Since many timeshares tend to take advantage of people’s desire for discount travel as well as their interest in visiting a favorite destination more than once, this is an encouraging option to see.
While, as noted, the content is spare, it still allowed us to look more thoroughly into the owner and CEO Tim Clark. We found that he certainly has a history of making options like this accessible for consumers. Another website managed by Clark and Tradebloc, travelclubIQ, has a number of resources for finding discount flights and hotels. Overall there seems to be an honest investment in giving people the tools and resources they need to make smart financial decisions, especially when it comes to travel.
Aside from that, it’s also good to see that their staff is listed in its entirety on the Our Team page. It shows a degree of transparency that we don’t always see with timeshare exit operations. Overall the Tradebloc website is a well-designed, helpful tool for connecting with this company.
While Tradebloc is not yet accredited with the BBB, they have a solid five out of five stars and an A+ rating. The reviews on their BBB profile page are overwhelmingly positive. A few standout comments included:
- “When I got laid off I was paying our bills with our credit cards I was racking up debt so fast with no end in sight I missed job opportunities due to delinquencies on my credit report. my vacation resort was being foreclosed on and I felt lost. in August 2019 I turned to Tradebloc for help. Now February of 2021 my credit has been rebuilt. the $150k of debt I had has been settled and I owe nothing. I thank these guys so much. Dee in customer service is great and Jamour was super easy to work with. I went to a seminar, took a chance, and couldn’t be more happy with the results. obviously it wasn’t fast but worth it.”
- “…I went to a seminar regarding Diamond ownership. We have looked for a way to get out of this burden. We spoke with Shawn about 7 months ago and were very skeptical after reading so many warnings and reviews on other companies. Everything that we were told happened to the letter. We are so thankful for this relief. We got our cancellation letter 4 days ago and have such relief. Thanks to the Tradebloc team for all they have done for us.”
We also found a few PR articles that are not strictly reviews, but provide key information about how Tradebloc operates. One from November 2020 spoke to their having a legal professional on staff who specializes in debt relief, and whose background is reputable (look him up). Another from February 2021 noted that Tradebloc developed a means of protecting consumers from identity theft in online transactions, which is a good sign in terms of actually being committed to fighting fraud, rather than perpetuating it.
In addition to these reviews and writeups, we found that Tradebloc is in good standing with OpenCorporates, and has a handful of five-star reviews on both Google and Facebook. They are quite active on Facebook as well, regularly providing information related to being safe from identity theft and getting help for financial and credit issues. All of this is indicative of a strong history of being trustworthy with their clientele and successfully helping people get out of their timeshare contracts.
While we did not find specifics about costs on Tradebloc’s website, based on one of their reviews, you could probably expect to pay up to (or in the neighborhood of) $5,000 for help with exiting a timeshare. This will likely vary based on your situation. So, that said, it’s always a good idea to take advantage of any free consultation that Tradebloc may offer to make sure you get an exact number for your situation.
And keeping that in mind, it’s also a good idea to make sure that whoever you work with will not charge upfront fees. We always recommend working with someone who uses escrow for payment when it comes to getting out of a timeshare. This means that the person responsible for helping you will not be paid until you’ve successfully been freed from your contract. To learn more about why escrow is important, you can visit this page.
How to Choose the Right Timeshare Exit Company
When it comes to selecting a timeshare exit company that can best help you, there are several factors you want to consider. Their use of escrow, as well as their not requesting upfront payments, is just one of these things to keep in mind. Companies that work with attorneys, have industry connections, or can profess to a strong background in financial knowledge are generally going to be more effective when it comes to working with the timeshare or resort itself. You’ll most likely, in that situation, get a better outcome for what you ultimately pay. If you owe a mortgage, this might not be an option for you, but you can still look for a timeshare exit company that consults with lawyers and uses a reputable payment method. You can find out more about the costs you can expect for the different methods of exiting a timeshare here.
Tradebloc appears to truly be in the business of helping consumers and making travel accessible in a way that most timeshares can’t. It’s refreshing to see a company with the degree of transparency that they have, too. We would say they’re worth looking into if you’re seeking to get out of a timeshare and want to look into ways to help your credit situation at the same time.