The dispute deadline for many credit cards is something that many consumers don't fully understand. Many credit card companies will automatically decline any payment disputes if the charge is more than ninety days old. This deadline makes it extremely difficult for timeshare owners to protect themselves from fraudulent timeshare transfer companies, simply because the promised transfers are normally not expected to close during that ninety day period. If the transfer company does not perform as promised, there is often little to no recourse for consumers.
Follows is the possible scam alert submitted by the reader......
"... The name of the transfer company is:
2241 West 190th Street Suite 200A
Torrance, CA 90504
Agents handling transfer: Nicole Heater
Second Agent: Marinelle Mascardo
Money given to company: $4,291.00
Transaction date: 11/23/12
Description: Right Choice Transfer Torrance, CA
I listened to a phone presentation and was told if the transfer of the timeshare did not go thru I would get my money back. I paid $4,291 on 11/23/2012 I kept calling to see what the hold up was. I did everything they wanted me to do but they did not do what they promised. I asked for my money back 7/2013 and was told no. I called my charge card company and they tried to talk to them but told me because the transaction happened last year they could not help me. Do not do business with this company.... "
It is always important for readers to understand that a submitted scam alert does not provide any proof of fraud, but that shared information such as this can be of great benefit to consumers performing their own due diligence before paying any type of fee to a timeshare related company. Consumers should also check for recent consumer complaints with the Better Business Bureau, and also may want to avoid companies that appear to frequently change business names. There appear to have been numerous affiliated business names used at this same address including Gray Wolf Transfers, Transfer America, Transfer on the Spot, Timeshare Cure, and others.
Click here to read the BBB report for Right Choice Transfer.
Click here to read the BBB report for Pacific Property Transfer.