Post reply

Re: Sell or not pay (by R P.):

carvana wrote:

Also, there should be no adverse impact on your credit for any past due maintenance fees because most resports to not report the payment or non-payment of maintenance fees to credit reporting agencies . Anyone who does not believe me should pull their own credit reports and you will see the resorts do not report the timely payment of your maintenance fees. If they do not report the good they cannot legally report the bad per Federal credit reporting laws. They report neither the good or they bad because the maintenance fee is not a personal obligation. Any doubters out there should pull their own credit reports and verify whether their maintenance fee payment record (good and bad) is reported.

Here we go again, I beg to differ with you on the above statement. If that was the case then millions of people would merely quit paying maintenance fees with no repercussions to their credit rating ..... maybe in a fantasy world. Paying maintenance fees is part of the obligation of owning a timeshare .... it's a bill like any other bill.