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Re: Vida Vacations & Grand Mayan lies (by Lance C.):

jce4 wrote:
Lance C....what happens if you just stop paying on the outstanding cash balance? I am willing to lose my down payment to just get out of the mistake I made. Can this default (since it was a loan of sorts from what looks like a Mexican bank) affect your credit in the US? Any idea what you would run in to if you travel to Mexico again?

It would not affect your travel to Mexico. Since most of these are Right-to-uses (RTU), you would likely just lose the down payments you have already put into it. If you stop paying, you will likely face a bunch of collection calls and letters but you can probably just ignore them.

I do not know exactly what would happen to your credit rating in the US.