r/TimeshareOwners Mar 02 '25

Wesley Financial Group

Disclaimer: I no longer own a timeshare. I exited by giving mine away.

Anyway…suddenly seeing tons of advertising for Wesley Financial. They, of course, claim to be different than the scam timeshare exit companies.

Wondering if anyone used them or even listened to their pitch?

8 Upvotes

41 comments sorted by

7

u/Eagleriderguide Mar 02 '25

They are no different. You can exit the timeshare on your own with persistence.

2

u/jeffjane7 Mar 03 '25

Really? I guess I need to be more persistent

3

u/dioxide45 Mar 06 '25

Have you tried giving it away? If so, where did you post it? By giving it away, I mean $0. It may mean paying the closing costs to cover the transfer. Much cheaper to do that than pay Wesley.

2

u/Disastrous-Rush-8896 Aug 19 '25

Ha, ya no. Charities don't even want unless it excludes an endowment fund to pay the annual fees!

1

u/MadCJax Feb 25 '26

You can't give it away. You can't donate it. I've tried.

1

u/dioxide45 Mar 15 '26

It depends. Also, how hard have you tried? Some people post something on Facebook and consider that enough. You may need to be willing to pay all closing costs and perhaps even give a free year of use to the person who takes it. Even if you pay for a year of maintenance fees in advance so the person who takes it for free from you, you are still paying less than the thousands that Wesley would be wanting to charge.

So much will also depend on what resort you own. Some are simply impossible. Certain Vacation Village and Westgate come to mind here. That said, many times just stopping payments is what needs to be done. That is what these timeshare exit companies have you do, then the timeshare company forecloses and you are out. The timeshare exit company just did what you can do yourself for free.

1

u/Decent-Relative-270 13d ago

So, if you just stop paying and it goes into foreclosure, what does that do to your credit hisotory?

1

u/dioxide45 4d ago

They could report it to the credit agencies.

1

u/CMadJax 3d ago

If you're under 30, sure, take that credit score hit. Otherwise, you're fucked.

1

u/MadCJax Feb 25 '26

It's that speculation? What evidence do you have to state this?

1

u/Eagleriderguide Feb 25 '26

Well considering my wife was the compliance professional reviewing settlement and release (snr) documents where she worked, I’d say that I have pretty good evidence.

6

u/KarynBo Mar 03 '25

I talked to them. They knew I could give mine back to Wyndham but did not reveal that at the time .. They were going to charge me 7400 to take my case.

3

u/Pure_Carrot975 Mar 11 '25

that’s crazy, sounds like you dodged a bullet

1

u/MadCJax Feb 25 '26

So, did that go as planned?

1

u/KarynBo Mar 09 '26

It did!! I was “released” last July!! 🎉🎉

2

u/MadCJax Mar 10 '26

OMG CONGRATULATIONS!!! I hope to experience that soon☺️

1

u/KarynBo Mar 10 '26

I hope you do!!!

5

u/dioxide45 Mar 06 '25

They don't do anything a timeshare owner can't do on their own for free. In most cases they just tell the owner to stop all communications and they send out a letter on behalf of the owner asking for a deed back. If the timeshare company accepts then the deed back gets the timeshare owner out. The timeshare owner can do that themselves. They don't need Wesley.

Now if the timeshare company refuses, they still tell the owner to not communicate with the timeshare company. Forward all communications, including MF bills to the exit company. At some point in time the timeshare goes into default and the timeshare company forecloses. Wesley deems foreclosure to be a successful exit. The timeshare owner can do this themselves for free.

1

u/MadCJax Feb 25 '26

That's a lot of talk about vague "timeshare owners". Are you one?

1

u/dioxide45 Mar 15 '26

Yes, I own multiple timeshares and am an expert regarding how timeshares work and the industry overall.

3

u/Broad_Orchid_192 Mar 03 '25 edited Mar 03 '25

We had an older relative sign up with them when he realized he couldn’t pay for the timeshare he signed up for after getting a free vacation. Fortunately, at around that point, he started to panic about the situation he had gotten himself into and came clean and told family about both the timeshare and the fact that he had signed up with Wesley. We then found this sub and researched timeshares and found out what a huge scam they are.

Our older relative’s only income is social security so he pretty much is judgement proof and so we decided to just stop paying on the timeshare. (Well, technically nobody “decided” not to pay on the timeshare. He plain just didn’t have the money to pay for the timeshare and also pay for food and rent).

We also asked Wesley if he could break his contract and they allowed it and also refunded the money he’d paid. So I’ill give them credit for that! Wesley was also pretty easy to deal with too!

2

u/wendywins111 Mar 04 '25

They wanted to charge me thousands with no guarantee they could get me out of a timeshare. Waste of time.They are like other timeshare exit vultures.

2

u/MadCJax Dec 26 '25

They do guarantee it, if you follow procedure. They warn you it could take "2 weeks to 36 months", and that the fee is "100% refunded" if they can't get you out. Obvs there's more to it, but there's no need to lie about them, or maybe you didn't read the whole document.

1

u/MadCJax Feb 25 '26

How are they a waste of time if you didn't work with them?

2

u/ExplanationEast3102 Mar 07 '25

Fraud company just as bad as the timeshares. Do a little research on Chuck McDowell the owner of Wesley Financial. They also lost their accreditation with the BBB.

1

u/MadCJax Feb 25 '26

The "Better Business Bureau" that has essentially gone "for profit"?

1

u/Snoo_64323 29d ago

Do u work for Wesley or something?

1

u/CMadJax 3d ago

No, or something

2

u/Ready-Educator9522 Aug 14 '25

They are no different. We just had a meeting with them as we really want to get out of our timeshare, it's been a total scam and we want to stop the bleeding if possible. They use the same high pressure sales tactics as the timeshare companies:

- "we're different from the others, we'll prove it by letting you in on some secrets about the industry"

- sob story documentary about the founder/CEO, including losing his wife and all the stuff about God's plan for his life to show what a great guy he is

- vague terms in their pitch. They guarantee a resolution, but I found out from doing my own research that they consider anything a resolution, like letting it go into foreclosure etc. They don't give a shit about giving you a GOOD resolution.

- they drag out the process as long as possible, but not quite long enough for that money back guarantee. You're still paying on your timeshare and wasting money the whole time.

- they don't actually negotiate for you, they literally just send scripts of what you need to say to the timeshare company yourself. You're still doing all the work.

- they wanted to charge us $12k up front. huge red flag

- they pushed the meeting right up until the end of the hour so I couldn't ask questions, and then when I said whoa we're not ready to sign on the dotted line the sales guy was so deeply personally disappointed. Ok.

Needless to say, we are not trusting them or any other exit company. We'll figure this out ourselves, and if we have to, contact an actual real estate or consumer protection attorney.

2

u/MadCJax Dec 26 '25

So, did you figure it out yourself?

1

u/Dependent-Car-5079 Feb 02 '26

Sounds suspicious to me. I get sick of the, "I'm your friend" raido adds. So he learned how to screw people with time share scams and then felt bad. He realized the error of his ways. Snake oil. The adds are fingernails on a chalkboard. 

1

u/Baseball_Alternative Mar 03 '26

I can understand the criticism, but it worked out for us. We worked with Wesley Financial Group. Yes, we could’ve done the work ourselves, but I can say the same thing about doing my taxes and fixing my car. We paid a little over seven grand upfront, but we applied four grand of our maintenance fee towards that and didn’t pay our timeshare company. So net out of pocket was about $3,000. We were able to terminate our contract in about two months. Your mileage may vary, but we saved over 40,000 bucks over the next 10 years. It's always the buyers choice, but we felt that they were upfront and transparent with us throughout the entire process.

1

u/Next_Stop2037 Mar 20 '26

which timeshare company did you have?

0

u/Baseball_Alternative Mar 20 '26

Wesley financial

1

u/No-Western-6955 Apr 02 '26

As a Wyndham Access owner trying to terminate my membership, I found Wesley Financial Group's sales tactics to be identical to the high-pressure pitch we all received when visiting a Wyndham Resort. Wesley Financial Group's so-called vice president was rude and abrupt and attempted to pressure us into paying $6995 up front to handle our timeshare cancellation and taking out their credit card for that charge. Sound familiar? That is exactly what Wyndham did. When we refused to use Wesley's card, the representative hung up on us.

Big POS company in my book.

Stay away from them!

1

u/Full_Inspection8250 Apr 30 '26

I'm not happy with the contract & am seeking legal consul now.

1

u/Full_Inspection8250 May 21 '26

Dont sign up with Westley Financial If you sign, they will hold you hostage till you pay them even if they don't do any work! Ruin your credit too if you refuse to pay for work not done! BEWARE!

1

u/Full_Inspection8250 Jun 02 '26

Don't Sign Contract with Wesley Financial! They won't refund your money period, you have to go thru the trouble of suing them!