When newlyweds Pete and Ramona first received that special offer postcard, a vacation seemed like a great idea. Little did they know that it would lead to an unfortunate situation: ownership of a timeshare with increasing annual fees.
Years later, Ramona heard Dave Ramsey mention Timeshare Exit Team on his radio show and decided to give it a shot.
“Even if we paid off the loans for our timeshare we still had those maintenance fees that we had to deal with and so we essentially would be in debt forever. Even when we were to pass away, our kids would inherit the maintenance fees — and the maintenance fees were going up every year… January of the next year we got a letter in the mail saying, ‘you’re out’!”
Watch the video below to hear their full story: [Read more…]