Advocate Financial Services Reviews
Advocate Financial Services reviews are, for the most part, positive. The company says they aim to offer an “Educational Platform” for the Timeshare Community. They want to bring awareness about the “do’s and dont’s” when selling or cancelling a timeshare contract.
As we continued to review the company, we came across some startling information. On the Advocate Financial Services website, the company makes a bold statement.
So they’re not a timeshare exit company, they don’t use attorneys, and they don’t charge for their services. How do they even help you out of your timeshare, then?
Reviewing the company website, we learned Advocate Financial Services’ works are a little different from their competitors. Instead of using attorneys, the company focuses on Consumer Protection Laws to work in their favor. How they use these laws is unclear, so let’s take a look at their cancellation page.
Here the company says if a timeshare company ever lied and deceived you, you may be eligible to receive compensation. Although this sounds easy enough, it is typically very challenging for any timeshare owner to get a refund.
The company’s “Education Page” is mentioned one more time here. After reading through this section, some of the information raised some alarms for our team. As they said earlier, they don’t believe in working with attorneys. But the company aims to inform its readers of the Consumer Protection Law. You need an attorney to help cancel your timeshare. And the attorney who picks up your case should already know about consumer protection laws.
Heading over to the credentials page, Advocate Financial Services mentions they’re insured and bonded with a “$50,000 surety bond.” This is a way that guarantees customers security in using their services. While this can be an extra layer of protection, the best way to protect yourself from scams is to work with a timeshare exit company that offers an escrow payment option.
We recommend escrow because it eliminates all up-front fees paid directly to the exit company. By doing this, you hold the exit company accountable. Why? Because the exit company does not receive payment until they have successfully cancelled your timeshare. Paying a company in full and up-front has led to many scams in the timeshare exit industry. To learn more about the many scams that exist, click here.
We did come across a testimonials page from past Advocate Financial Services customers. The company does an excellent job by including a variety of testimonials. From audio to handwritten, to even video testimonials, the company has it all!
Unfortunately, we cannot recommend Advocate Financial Services. Their cancellation process is too vague and more of a blog page. They mention they are not an exit company, nor do they involve attorneys. They lack a strong positive online presence. We agree they’re an excellent “educational platform” but nothing more.