Post reply

Re: point rental liquidators (by Linda P.):

Cornerstone is now infiltrating Phoenix Metro area of Arizona with meetings at Holiday Inn Express. They call and invite you to a meeting to go over ways to combine all exchanges like RCI and II and also ways to lower maintenance fees. The girl that called only said she was from the Exchange. I called the hotel and found out that is was Cornerstone Entitlements. I read the info on this forum, decided it was a scam, but wanted to see what the offered. We were told in the meeting that this had to do with the court ruling against RCI and other exchanges and that there is now a global point system that we can trade our points and they will cover our maintenance fees. The offer was pretty much as JamesJ406 explained. I asked several times how much it was going to cost and was told it would be taken care of thru the maintenance fees. At the end we were told we would have to pay $94++.++ to VSI and another almost $600 to another company (DSR) or something close. In 6 months, we would get a chack for $13,000 for giving them 200,000 points from our resorts. We told the rep from Coldstone that I had asked several times what it was going to cost. He said not able to take the moneyout of the check that we would have to wait 6 months to receive. He wanted us to take out loans or increase our credit card limits to pay the $10,000+. We declined and left.