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Re: Against RCI/II Rules to Rent out Exchanges (by Joan P.):
http://www.rciclassaction.com/ says: "A class action lawsuit has been filed against RCI on behalf of all members of RCI’s Weeks Program.
The lawsuit alleges that RCI improperly skims a large percentage of the timeshares from the RCI exchange bank system, including many prime timeshares, and rents those timeshares out to the general public for profit and also uses them for promotional purposes and as fringe benefits for its employees. The lawsuit further alleges that as a result of these practices, the actual experience of many RCI Weeks Program members is that they simply cannot find any comparable exchanges.
If you believe that you may be a member of the class action and would like more information, or if you have information that can help the investigation, please contact us."
Do you think there is a downside of joining this class action suit?
I just tried to get a summer beach location in DE, MD, NJ and could not find any. All I can find is winter. And this is with me checking 2 years in advance! The only thing RCI said is I can put in a 'search'. I wouldn't mind doing that if I didn't have to put something upfront first but I don't want to pay or to take my week out of the spacebank when I am not guaranteed that they will find anything with their search. Joan