Exchange companies.

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Original Message:

Re: Exchange companies. (by Mary D.):

ken1193 wrote:
adahiscout has astutely observed, quoted only in the pertinent part from a RedWeek Q&A statement:

>> The only exception is if you are an RCI Points member, in which case we will be unable to process your deposit." << =======================================

I believe that this RedWeek Q&A statement is unintentionally misleading and not entirely correct, simply because it does not account for the very real possibility of someone owning BOTH weeks AND points accounts with RCI (as many people do).

For specific and clear example, I am a RCI "weeks" member (dissatisfied, but a member nonetheless). However, I also own a week at a RCI "points" resort, so I also have a (separate, distinct, completely unrelated) RCI "points" account for that particular "points" week ownership.

Unless I'm mistaken, the RedWeek Q&A statement really intended to say (but stated inadequately) that RCI "POINTS BASED" weeks cannot be "processed for deposit" with RedWeek. Unless I'm further mistaken, that would NOT preclude in ANY way an RCI member who has BOTH "points based" weeks and "regular" (i.e., non- RCI points based) weeks from depositing any (or all) of their "regular" (non-points)weeks with RedWeek (assuming, of course, that such a regular week has not already been converted / deposited with RCI as "points for deposit").

I think that the RedWeek Q&A statement, as quoted, simply failes to adequately distinguish between RCI "points based" weeks (which RedWeek can't and won't process for deposit) and "regular" (non-points) RCI weeks (which RedWeek certainly CAN process for deposit). I believe that RedWeek has simply failed to acknowledge and/or account for the fact that one person can own BOTH types of RCI weeks (I do), but yet can ONLY deposit the "non-points" weeks with RedWeek.

The ownership of RCI "points based" weeks should be absolutely and completely irrelevant to the deposit of "regular" (not RCI points based) weeks, even though many folks own both types of of weeks. I'll certainly stand to be corrected if wrong, but I truly believe that RedWeek has just made an incomplete (and therefore somewhat confusing) statement on this matter. I'm sure that they will clarify their intended "point" (sorry, no pun intended) on this matter.

Well, yes and no Ken. I'd agree with you completely if you said "RCI Points" weeks can't be deposited with RedWeek rather than "points based" weeks. Many of us have "points based" ownerships from which we can and do make deposits in various exchange companies including RCI and RedWeek. They just aren't RCI Points points! It would really help if all of us when discussing points would always make clear what type of points we are talking about.

You also refer to "regular" (non-points) RCI weeks (which RedWeek certainly CAN process for deposit)."

If "regular points" (from Fairfield, for example) have been given to "RCI Weeks", they can't be processed again to RedWeek. If they have not, RCI Weeks has nothing whatever to do with it.

I think we both actually understand this correctly. It is just hard to craft a statement that accounts for all the variations in how timeshares and exchange companies are organized. It is very easy to "Hit the nail right on the thumb."

MD