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Therefore as long as it is a Mexican resort they won’t report? Would a cancelation letter still be required or just cancelation of credit card? [Q=wr63] Yes, you can simply walk away because Mexico does not sell timeshare, but vacation clubs. Therefore, they cannot and do not have relationships with American credit reporting agencies. They would have to adhere to several U.S. government regulations, Truth and Lending Act, Fair Credit Reporting Act, etc. Walking away will not impact your credit. In fact, many of the timeshare companies in Mexico do not even have business licenses. They are certainly not financial institutions. The hotels/resorts are separate companies than the timeshare which simply rents out some of the rooms. All the clues you need to know are in your contract. Unfortunately, most people fail to read through them. how do I know, because I worked in Mexico for five years selling timeshares in Cancun, Mazatlan, and Cabo San Lucas. Were you even aware that none of these resorts even sign the contracts? They simply write a scribble without a printed name. Do you homework folks.[/Q]