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Non-refundable payment


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Need a quick answer, in spain on holiday and have done supid thing, made payment to timeshare which is non-refundable...have been speaking to other people, now have cold feet meant to meet RCI again this eveing for finial paper work...Is there any way of going about getting a nonrefundable payment refunded????

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I think unless you can prove exceptional circumstances eg previously unknown medical problems that prevent you to travel etc then you don't stand much of a chance.

Others will advise more I am sure.

Sorry I can't be more positive.

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RCI is only a club for exchanging timeshares. If you've paid for membership, then that will be a one-off unless you agreed to a recurring payment, which you need to cancel in writing sending a letter to RCI and your credit card company for reference.

 

If you've bought from a developer directly, your deposit probably will not be refundable.

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Its not membership, its the down payment on the apartment with rest of balance going through bank details,,they told us twice that this is non-refundable,

If worst come to worst and we have lost this, as long as we have ground to stand on that the agreement can be cancel and we dont have to pay anything else to these people....Amkicking ourselves for falling for this on our 1st family holiday......Still see the 2 white women taliking to other new familes arriving.

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Won't be RCI (Resort Condominiums International). WHo is the developer, their exact trading title?

 

I have to say I believe that timeshare is a great deal, but only on the right terms, this usually means purchasing a re-sale, NOT off plan or from a developer. I've had ober 25 years of excellent holidays and exchanges as a result.

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