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Original Message:
Re: point rental liquidators (by R P.):
theodored7 wrote:I have a question ref PRL and Sunset. Are RCI credit cards still being used to finance purchases? When I bought over a year ago, the financing was placed on an RCI credit card issued the day of the sale (obviously done to give legitimacy to the sale). In the course of my complaints, I and my attorney determined that if one "followed the money" the trail led to RCI.
Anyone (timeshare owner or not) can apply for an RCI credit card (we had one and used it during our travels). RCI actually has nothing to do with who applies for their credit card .... RCI is merely an exchange company .... Bank of America is the finance backing for RCI credit cards.
Quote:Both of us complained to RCI that use of its credit card to finance a timeshare purchase implied that RCI was providing the finan- cing for such purchase, contrary to statements by RCI that it did not sell timeshares. Top level RCI management orally informed me that RCI was not responsible for finance charges placed on its credit card.If, however, the RCI credit card is still being used in such situations I strongly urge complaints against it. In my case I and my attorney still think RCI's hands were not clean.
Again, RCI has nothing to do with this scam ..... RCI credit cards are merely applied for by individuals .... in this case, you (in your name and evidently signed by you) after being advised by PRL and Sunset Harbor.
BTW, what did you tell Sunset Harbor in order for them to cave ..... most individuals that have posted here haven't been so lucky?