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Re: I am a former TIMESHARE EMPLOYEE IN MEXICO (by Margaret K.):
Thanks for the information. I am not sure what I will do! I really just can’t use it anymore for the reason I stated. I had tried exchanging with II thinking travel in the US may be a bit easier, but it was still difficult. I may just not pay the maintenance fee next year and see what happens, but I hate the idea that my credit score might take a hit! 🙁
lancec13 wrote:margaretk122 wrote:What would happen if I don't pay the next upcoming maintenance fee, which will be due in February 2020? I am uncertain of the repercussions on this.Given what you have described, the worst that will likely happen will be facing a barrage of collection calls and letters. They might threaten to report you to credit or collection agencies. But if you stop paying (which looks like your cheapest option right now), they will just cancel and terminate your membership after several attempts to collect your maintenance fees.
There have been some reports about resorts reporting delinquent owners to credit agencies and having credit scores dinged but that does not always happen. Even if it does, it would not be the end of the world for you.