- Report: #1173952
Complaint Review: Wyndham Vacation - Nationwide
-
Author Not Confirmed
Why?
Wyndham Vacation
Nationwide, USA
Phone:
407-626-5200
Web:
www.wyndhamworldwide.com
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Wyndham Vacation Wyndham Attorneys Scott McLester, Ryan Morettini, Jeff Cohen, Brenda George, Fraud & Conspirators, Franz Hanning, Wyndham Vacation, Wyndham Vacation Resorts, Wyndham Vacation Ownership, Wyndham Organized Fraud Wyndham Pathways Program is an Illegal Scam Orlando Nationwide
Wydnahm just stole more money from my parents, selling them a fake buy-back program named "Pathways". The program is a scam to coerce people into buying more points, and preying on the old people that need out from under their expensive & Useless timeshare. To quote from recent articles about the program:
The Pathways program is being touted as a “real” buy back program, providing timeshare owners with the right to sell their timeshare contracts back to Wyndham for a whopping 20% on the dollar. However, upon closer inspection it becomes clear that the new program is not a buy back or redemption program at all, but another Wyndham sales scam to sell more points.
First, the program requires the Wyndham owner to purchase additional points in order to participate. The Pathways buyers we interviewed stated that the price was twenty percent (20%) of what they currently owned. So if you owned One Million Points, you would presumably have to buy an additional 200,000 points to participate.
Second, not only is the program costly, but it never truly obligates Wyndham to purchase your timeshare points. A careful reading of the Pathways “Terms and Conditions” reveals that Wyndham does not actually promise to buy back your timeshare points. To the contrary, the supposed contract states that ” WVR has no obligation to purchase Owner’s eligible timeshare contract(s).” In Wyndham’s own words, it only has to purchase some or all of your timeshare contracts if it “elects to purchase” under the Program. The Pathways Program merely gives the owner the right to “provide Wyndham Vacation Resorts, Inc. (WVR) AN OPPORTUNITY to purchase the ownership interest,” an opportunity that it is never obligated to exercise. Consequently, Wyndham has once again hoodwinked its very own members into buying additional largely worthless timeshare points without actually offering anything of value in return.
The Pathways Program has numerous additional problems, the most obvious of which is that the Pathways ‘contract” is not a contract at all. A contract requires at least two parties to exchange promises. The “Pathway by Club Wyndham” document is cleverly only signed by the timeshare owner. Wyndham never executes the one-sided document. The document, therefore, is unenforceable against Wyndham - and they know it!
In conclusion, the Pathways Program is a fraudulent scheme by Wyndham to sell more timeshare points. It promises absolutely nothing. Moreover, even if Wyndham was guilted into purchasing your points, the math will never work out in your favor.
This company is utterly dispicable. People need to get better informed and stop buying their timeshare trash!
1 Updates & Rebuttals
Concerned Consumer
Atlanta,Georgia,
Wyndham's Pathways Program is Blatant Corporate Theft
#2UPDATE EX-employee responds
Wed, December 03, 2014
As a former employee, I can tell you the Pathways Program was contrived by WVO/WVR to find a way to persuade existing tapped out owners to buy more points. Its rediculous - you have to pay 20% to possibly get back 20%. The shameful thing is that its not even real, but we sell it as a true buy-back program, when its nothing. These poor people dont even read what theyre signing - it says clearly that Wyndham has no obligation to buy back the timeshares - period. How can a group of educated attorneys in Orlando actually give this program a green light. They know how it will be sold. They are as guilty as criminals. Shame.
