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sugar17274

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Has anyone stopped paying timeshare maintenance fees and let them foreclose?
What Has this done to your credit?

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There is a difference between defaulting on a loan that pays for the actual timeshare and not paying the maintenance fees. This may vary depending on where your timeshare is. I own at Marriott and forgot to pay my fees, they sent a courtesy notice that if payment wasn't received by xx/xx/xxxx they would be sending it to collections. You wouldn't be defaulting on the actual loan but not paying fees can be/probably would be sent into collections. It will absolutely dent your credit pretty hard.

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