Get out of Westgate Resorts
Post reply
Original Message:
"Forgiven" loan will have consequences... (by Jessica W.):
I am not sure about the forgiven loan. WDIL is a warranty deed in lieu (of foreclosure). It is signing the timeshare back to the lender/resort and no foreclosure is then taking place. It helps save credit because a foreclosure does not look good on credit and will be there for 7 years.