We received the following submission from one of our users about their experience with Fiesta Americana Vacation Club in Mexico:
“During our vacation to Cancun, Mexico, we were pressured and tricked into signing a contract for a 40 year membership with the Fiesta Americana Vacation Club in 2013. We felt uneasy about the whole process and signed after being pressured for 7 hours by high-pressure tactics. They promised a lot of things but they were empty promises and there were many lies. We tried canceling the contract within the 5 day grace period that companies are forced to give customers, but they claimed we rescinded our right to cancel and they made it impossible to cancel. They even threatened us to take us to court and that our credit score in the US would be affected as they have a billing company in the USA. We felt so stupid for signing and always regretted that day.
We were not happy with the membership either. I tried canceling the membership and they claimed there would be a penalty that would be more expensive than the whole membership was worth. This statement was actually true according to their contract. I researched online and found that we were not the only ones tricked and unhappy with these timeshare/vacation club memberships. It seems hopeless and we are very frustrated. I am afraid that if I stop paying, they will take legal action and have a collecting agency come after us and thereby affect our credit score in the USA. Remember, this is a LEGAL contract and it can be enforced in the USA.”