GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

Forum: Timeshare Companies

page 1 of 4

«  prev page   1 2 3 4   next page  »

Message Author

By Daniel G.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

Disclaimer: I am not an "owner", employee, former employee, nor do I have any relationship with anyone at GEVC.

I was simply one of those fools that was stopped at Six Flags Over Texas and my wife was offered a 3 day 2 night trip for 4 to Orlando and tickets to Disney, hotel AND 3 day 2 nt stay at one of dozens of cities. I was extraordinary skeptical of the entire situation but paid the $40 deposit on credit card and attended their ridiculous presentation on a Wednesday night after Christmas with what seemed like two dozen couples in Irving TX.

As we were called in to the sales room, I was shocked with all the loud conversations and found it almost impossible to hear or concentrate. Our salesman was fishing for as much data as he could to summarize for his sales closer what we would be interested in.

We were locked in the presentation room for about an hour. The salesman talked up his family, military experience, the importance of vacationing in life, and attempted to engage every couple in conversation about their dream vacation. The video was so laughable that even the 'sales manager' had to leave the room while we sat there in the dark watching the beautiful video of resorts we would never be able to visit with GEVC.

After we returned to the open sales room we were brought through the LOUD virtual reality room for about 30 seconds, the entire presentation in that room made no sense to me at all. We were joined by a Glengary Glen Ross sales manager with a cheezy fancy watch and accompanying attitude. Even though I pointed out that I travel on airline and hotel points and pay almost nothing for my vacations, the sales manager insisted on throwing offers at me. As time went on, even my original sales guy seemed concerned. Finally, I gave him PURE SILENCE in response. It was awkward. Finally, he said "Its not for everyone." and they escorted me to the corporate rep.

Thankfully, my primary sales guy told her that "the timing was not right" perhaps this was code word for them not to try to upsell me. So she didn't. But what she did instead was to try to convert my Disney vacation into 7 nights at a 'GEVC resort' (RCI) for 7 nights for $75 (last call). After all the research I did about what garbage the VIP Travel vouchers are and how we would be delayed over the course of a year trying to travel I agreed to exchange the voucher. But in the end decided not to redeem it.

During the course of the presentation, the reps clearly lied and deceived: 1. Showing videos of resorts that we would never be able to visit. 2. Inferring that the purchase was for access in perpetuity. 3. Never mentioning the huge all inclusive resort fees that were indicated on every page they showed on the website. 4. Never mentioning the redemption fee that must be paid each time you redeem. 5. Total lack of transparency by intentionally failing to provide fast access to website until after contract is locked in and can't be rescinded. 6. Suggesting availability of any quality resorts that will never happen 7. Preying on a socioeconomic demographic that is not only less likely to research but more likely to default on payments. 8. Issuing "free gift" vouchers that ALL have so many hoops to jump through (and "deposits" to pay) that they are not even worth the cost of the paper they are printed on. 9. The preponderance of reviews on sites all over are incredibly negative other than the shill reviews from employees. 10. BBB complicit, must have paid the $250/yr to get that status 11. Can get the same inventory through trip beat and save the $8K and get guaranteed booking (or at least as firmed up as they will provide)

I could go on and on from here but the bottom line is that there is no evidence of any happy members and plenty of fraud and deception. While the overall value of timeshares is a valid question the value of a GEVC membership is either $0 or negative as it turns the vacation experience into a painful one.

I have seen a few posts on GEVC, canceling contracts, and some mentions of their terrible vouchers across the internet, but shocked to not discover any class action or other litigation against them for fraud. In the meantime, they continue to advertise $99 vacations to Hawaii (leave late in day, return early in day so you get 1 day with no sleep and you are not in control of the booking).

Is there ANYONE that is happy with a purchase from GEVC? Any litigation? Are they an MLM/fraud? How can their employees, in good conscience market the utter fraud of their programs, sleep well at night and come in to work each day.

Just curious about how they stay in business and are not under watch of federal or state regulatory agencies. They lie, manipulate and use whatever they can to try to con their customers, and they're getting away with it every day. Further, they "partner" with many reputable companies such as Six Flags in order to attract their new prospects.

Has anyone ever gone after these guys or is there just utter apathy (or perhaps some nice political contributions) that keep the law at bay?

For those of you considering attending one of their presentations, don't waste your time. There is not a single gift they offer that doesn't have strings attached that make it essentially worthless. Then GEVC will blame the third party vendors for not meeting their agreements and throw their hands up in the air.

Avatar for Daniel G. Daniel G.

2 years ago
Feb 11, 2018

By KC

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

There is a very simple and straightforward reason that parasites like these manage to stay in business and thrive. Only their written contract content means anything at all. Everything else is just smoke and mirrors. If something they state or claim is not also very clearly expressed in writing within a contract, then the verbal statements and claims essentially do not legally exist at all. Any and all verbal statements and promises (and videos) the sales weasels offer mean absolutely nothing —- it’s all just meaningless noise floating around temporarily in the air. Rest assured that they know and use this fact to their advantage. ONLY the written contact means anything at all.

For this reason, attempting to undertake legal action against such weasels is essentially a pointless endeavor. These people are lying, deceitful parasites, but they are not fools. Quite to the contrary; they are very sharp. They are slimy weasels, but they KNOW they are not actually violating any laws. They can (and they would ) simply say "show us ANYTHING stated in writing within the contract you signed that we have breached”. Sadly, all anyone can really offer in response to that challenge is — crickets. Fortunately, you apparently did not succumb to their manipulative song and dance routine. Good on ‘ya! Well done!

The best and appropriate way to deal with such parasites and their presentations, gifts, promotions and manipulative tactics is to just stay completely away from them. Life is simply too short to waste any of it on hungry and deceitful parasites.

Last edit by ken1193 on Jun 07, 2018 03:49 AM.

Avatar for KC KC

2 years ago
Feb 11, 2018

By Hazhel C.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

Thank you everyone for the helpful tips. Great point! Life is too short to be wasted with scam artist! My husband and I just signed today and did some additional research when we got home. We are going to call first thing Monday morning to cancel the membership. Hopefully we are able to cancel and not be given the runaround.

Avatar for Hazhel C. Hazhel C.

2 years ago
Apr 15, 2018

By KC

GLOBAL EXCHANGE VACATION CLUB

hazhelc wrote:
Thank you everyone for the helpful tips. Great point! Life is too short to be wasted with scam artist! My husband and I just signed today and did some additional research when we got home. We are going to call first thing Monday morning to cancel the membership. Hopefully we are able to cancel and not be given the runaround.

You cannot cancel a contract by phone. You must do so in writing, with the signature of all parties who originally signed the contract. This must be done within the time period identified by individual state law. The (unidentified) state in which you signed your contract is the state whose rescission (cancellation) laws apply. That time period is between 3-10 days, depending on the state. In most states, the rescission period is either 5 or 7 days. It's 10 days in Florida and Tennessee, but only 3 days in Massachusetts (and also in two or three other states).

Send your rescission (cancellation) letter only by certified U. S. Mail, not by any other means. Faxes, emails, phone calls are all legally inadequate and pointless. The postmark date on your cancellation letter is all that really matters. The actual date of later delivery and receipt is not important, only postmark date matters in regard to meeting the applicable state law rescission deadline. You would be wise to submit your rescission immediately --- assuming that you're not already too late to do so.

Once the state law rescission period expires, you will never have another opportunity to cancel the contract and GEVC will also then have no obligation to return any of your purchase or deposit money. In other words, if you snooze — you will lose.

Last edit by ken1193 on Apr 30, 2018 05:12 AM.

Avatar for KC KC

2 years ago
Apr 15, 2018

By Tim A.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

Were you able to cancel?

Avatar for Tim A. Tim A.

2 years ago
Apr 29, 2018

By KC

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

tima183 wrote:
Were you able to cancel?

The only way to "cancel" any such contract and receive a full refund of the deposit or membership money paid is to do so in writing and under signature within the time period identified by individual state law (the state in which the contract was signed).

In most states, the rescission (cancellation) time period is 5-7 days from the date of contract execution. In a few states (Massachusetts and two or three other states), the cancellation time period is only 3 days. In Florida and Tennessee, the cancellation time period is 10 days, the longest cancellation period among all states in the U.S.

After the state law rescission (cancellation) time period has expired, the other party is not obligated to release you from the contract and is not obligated to return any portion of the deposit and / or membership money paid.

In short, there is no magical "escape" once the state law contract rescission period has expired for anyone who has voluntarily chosen to sign a valid, lawful, legally binding contract, entirely of their own free will.

On the other hand, if it's just a worthless "membership", anyone can choose to simply walk away from it without any real consequences, except of course that the membership will be terminated and all money paid will be permanently forfeited.

Last edit by ken1193 on Apr 30, 2018 07:55 AM.

Avatar for KC KC

2 years ago
Apr 30, 2018

By Adrian C.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

Did you get your money back

Avatar for Adrian C. Adrian C.

2 years ago
Apr 30, 2018

By KC

GLOBAL EXCHANGE VACATION CLUB

adrianc56 wrote:
Did you get your money back

I am not sure to whom your question is directed, but NO ONE gets any money back unless they rescind (cancel) the contract in writing and under signature, within the rescission period identified by individual state law (the state in which the contract was signed).

The law clearly and absolutely requires 100% refund of all money paid *if* a rescission is properly submitted to the correct address in a timely manner. No developer or "vacation club" in the U.S. would ever dare to not comply with the law, which also requires that buyers be fully informed in writing of their cancellation rights at the time of contract execution. The sales weasels never verbally mention those rights --and they do not have to do so. They actually rely upon people never even bothering to read (or act in time upon) the cancellation information and instructions handed right to them in writing at the time of contract execution.

The rescission period is 5-7 days after contract execution in most states, but 10 days in FL, ME and TN; it's only 3 days in Massachusetts and a few other states.

Last edit by ken1193 on Jun 07, 2018 03:51 AM.

Avatar for KC KC

2 years ago
May 05, 2018

By Sherry L.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

With all do respect, your experience is not only the exact opposite of mine, but also seems like a dramatic recreation with a false narrative. I have friends who I have referred to Global Exchange Vacation Club who have never given an account such as yours. We have made ourselves more knowledged consumers through the owner's meeting and have seen tremendous value in the product. Your over-dramatic recreation of events is amusing at best. In your own disclaimer you say you are not even an owner but want to discredit the memories we have made and opportunities we otherwise wouldn't have had without Global Exchange Vacation Club.

Last edit by sherryl205 on Sep 23, 2018 09:55 AM.

Avatar for Sherry L. Sherry L.

1 year ago
Sep 23, 2018

By Don P.

NEVER pay anyone money upfront that claims they can get you out of your contract !!!

Avatar for Don P. Don P.

1 year ago
Sep 23, 2018

By Jody D.

GLOBAL EXCHANGE VACATION CLUB

The question i have is where to send the written cancelation and what is the cancelation period for Utah?

Avatar for Jody D. Jody D.

1 year ago
Dec 24, 2018

By Lance C.

GLOBAL EXCHANGE VACATION CLUB

jodyd67 wrote:
The question i have is where to send the written cancelation and what is the cancelation period for Utah?

Utah is five calendar days after the contract is signed. The address to send your rescission letter via certified mail should be given in your contract. You might have to search through all the papers but it should be there.

Avatar for Lance C. Lance C.

1 year ago
Dec 25, 2018

By Larry S.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

Man, you hit the nail right on the head. Your experience was exactly my wife and my experience. I am at my wits end trying to get out of this ridiculous contract. Why can't we all get together and file a class action suit against Global Exchange Vacation Club. At the very least we can all be released from these over burdening expenses. I'm not sure of what the costs would be to pursue this course but it would probably be less than making the payments for the next three years. My name is Larry Stubbs and I approve this message.

Avatar for Larry S. Larry S.

1 year ago
Dec 27, 2018

By Lance C.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

larrys775 wrote:
Why can't we all get together and file a class action suit against Global Exchange Vacation Club. At the very least we can all be released from these over burdening expenses. I'm not sure of what the costs would be to pursue this course but it would probably be less than making the payments for the next three years.

Why spend the money on a lawyer? If it's just a vacation club to which you belong, likely you can terminate your membership by just stopping payments.

Avatar for Lance C. Lance C.

1 year ago
Dec 27, 2018

By Florencio A.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

lancec13 wrote:
larrys775 wrote:
Why can't we all get together and file a class action suit against Global Exchange Vacation Club. At the very least we can all be released from these over burdening expenses. I'm not sure of what the costs would be to pursue this course but it would probably be less than making the payments for the next three years.

Why spend the money on a lawyer? If it's just a vacation club to which you belong, likely you can terminate your membership by just stopping payments.

I tried ignoring it, but was sent to Blackwell Recovery collections. My membership is fully paid, but my situation changed and I can no longer travel on vacation. Does anyone know how to sell or end this membership without negatively impacting my credit? I have very good credit and don't want to ruin it.

Avatar for Florencio A. Florencio A.

1 year ago
May 07, 2019

By Alicia F.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

If you have paid in full, what are they charging you for? How much are they charging you? They state you can sell your membership, but I am not sure if that is true.

Avatar for Alicia F. Alicia F.

10 months ago
Jul 08, 2019

By Chosen C.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

Thanks for your thorough description. I'm presentation is tonight. I was offered at Six Flags Over Texas. I will not be attending. Especially since I have a postcard from Carnival Cruise to the Bahamas $69 per person per day. It maybe easier and less stress just paying..

Avatar for Chosen C. Chosen C.

9 months ago
Jul 26, 2019

By Reyna G.

GLOBAL EXCHANGE VACATION CLUB - How are they still in business?

I have paid every month without fail for the past 5yrs and I have NOT been to any vacation through Global Exchange Vacation. This is a SCAM. I have now stop making payments but now I get calls from collectors trying to collect maintenance fees. SCAM!!! SCAM!!!!SCAM!!!! This has affected my family. The people calling don't care if you have not gone on vacation they just care about getting more money. It's like if I paid and hired someone to harrass me when all I wanted was a family vacation to find peace. I need help !!! If anyone knows how???

florencioa2 wrote:
lancec13 wrote:
larrys775 wrote:
Why can't we all get together and file a class action suit against Global Exchange Vacation Club. At the very least we can all be released from these over burdening expenses. I'm not sure of what the costs would be to pursue this course but it would probably be less than making the payments for the next three years.

Why spend the money on a lawyer? If it's just a vacation club to which you belong, likely you can terminate your membership by just stopping payments.

I tried ignoring it, but was sent to Blackwell Recovery collections. My membership is fully paid, but my situation changed and I can no longer travel on vacation. Does anyone know how to sell or end this membership without negatively impacting my credit? I have very good credit and don't want to ruin it.

Avatar for Reyna G. Reyna G.

9 months ago
Aug 24, 2019

By C j R.

These people are truly SCAM artists and know exactly what they are doing, every day. Unfortunately they hooked my husband and myself. As others have said they brought us into a very noisy sales room and talked about all the relaxing vacations for a lifetime that we and our children could take. They made it sound so inexpensive, yet after we paid our deposit we were told later that week, not up front of course, that we would not have access to the website to book anything until the membership details had been finalized. I, too, don’t know how anyone can continue to work there and con good people out of their hard earned dollars! We just want out, as we evidently weren’t smart enough to cancel by the date we should have. We are in CA. Have been looking for any attorney that will be able to help cancel the contract based on the fraud and lies. I have been contacted by many businesses that say it can be done, but they all want $$$ up front! In the meantime we have not taken or used any of their so called free trips because they were never “free”. There were always some fees that were needed to be paid. Any time we thought we could try to book a vacation, there were NO resorts available in our choice of destination. I would LOVE to be part of a class action lawsuit against these thieves. Also I am still looking for viable actions to take as we still have a balance to pay. Even though we are basically throwing our money away to try to keep our credit score good, they somehow are now telling me I am behind on payments and they will soon be sending us to collections! This is so beyond frustrating! Please anyone share if you have any viable solutions and I will also share if my research turns up something. With so many of us out there who have been swindled and had our sanity stolen, it seems we should collectively be able to do something. Thank you!

Avatar for C j R. C j R.

8 months ago
Sep 08, 2019

By Lance C.

cjr31 wrote:
We are in CA. Have been looking for any attorney that will be able to help cancel the contract based on the fraud and lies. I have been contacted by many businesses that say it can be done, but they all want $$$ up front!...Also I am still looking for viable actions to take as we still have a balance to pay. Even though we are basically throwing our money away to try to keep our credit score good, they somehow are now telling me I am behind on payments and they will soon be sending us to collections!

This is a huge no-no! Do not go paying or seeking any law firm, attorney, charity, or other company that claims it can get you out of your contract. Since this is just a travel club membership and not deeded property, you can just stop making payments. You will lose any money you've sunk into this so far and, as you have found out the hard way, you will face collection calls and letters. However, those will eventually cease and GEVC will eventually terminate your membership (which is what you want).

Avatar for Lance C. Lance C.

8 months ago
Sep 09, 2019

page 1 of 4

«  prev page   1 2 3 4   next page  »

Reply to Topic

Available only to RedWeek.com Guests and Members
Sign in or register for free