March 12, 2024
Westgate Resorts and other timeshare Developers have been sued, accused of violating the Military Lending Act (MLA). Congress passed the Military Lending Act (MLA) in 2006 to protect servicemembers from predatory lending. Today we summarize fourteen reports received from military families that experienced security clearance concerns due to a timeshare loan default. At the crux of the matter is whether a timeshare is a residential stay or a transient stay. Arbitration is prohibited under the Military Lending Act, but home mortgages are exempt. Developers vigorously argue for arbitration.
By Irene Parker
January 2, 2022
Hundreds of veterans and active duty service members have reached out to share their timeshare experiences since 2016. Six veterans, who purchased a timeshare from Club Wyndham (Travel & Leisure), report how they were harmed because of buying a timeshare. Active duty service members have reported being falsely told that they could reduce or eliminate maintenance fees, or obtain easy financing because they are military. A timeshare default can put security clearances in jeopardy. Our veterans and those currently serving deserve better.
June 10, 2021
TIMESHARE TALKS Interview with Air Force veteran Adam Siler
The deception we experienced buying a timeshare was sophisticated and orchestrated. I have not named the resort I purchased from because the resort eventually resolved my dispute. I followed TARDA's self-advocacy process. I wanted to share my experience to encourage others to work directly with their resort to resolve a dispute. Not all resolve, but even if you have no choice but to default, don't give up! Join our efforts to education and inform.