Timeshare Termination Team is another timeshare exit company who might be able to get rid of your timeshare. Timeshare Termination Team, also known as Timeshare Termination Team LLC, started in 2011 in Aurora, CO, but did not receive their BBB accreditation until 12/21/2017.
The company also goes by Vindaloo Travel Network LLC, but has moved their headquarters to Greenwood Village, Colorado. Hiring a company who have been in business for 9 years but lack online reviews and consumer feedback could be a bit of a risk if you’re not careful.
Choosing the right exit company for your timeshare cancelation can be tougher than it seems. As you hear sales pitch after sales pitch, you start to realize they can start to all sound the same and it can get quite repetitive. Lucky for you, our team has written an in-depth review of Timeshare Termination Team listing the company’s pros and cons. Our team believes there are a couple of useful tips every timeshare owner should know before working with any exit company. Fill out the form on the right or initiate a Live Chat so we can help you find the right exit company ideal for your timeshare situation.
Timeshare Termination Team Reviews
Overall, Timeshare Termination Team reviews are mixed. But still, there aren’t as many online reviews as we’d have hoped for a company who’s been in business for 9 years.
Online reviews and feedback from real customers who want to share their experiences with the company are a great source of information. Reviews can give you a better idea of how the company operates, but most importantly, how the company treats their clients.
As our team reviewed the Timeshare Termination Team homepage link, a couple of things stood out to our team. At first glance the company has a very sleek, and professional website. Very clean, organized, very simple to maneuver with what looks like an abundance of great information for timeshare owners looking to learn more about the industry.
In clear bold letters the company makes a statement:
Two things stand out from this statement. One, it translates to Timeshare Termination Team uses timeshare attorneys to cancel your timeshare contract. Our team believes the most legitimate way to cancel your timeshare contract is by doing so legally. Hiring an experienced exit company who works directly with an attorney on your case adds an extra layer of protection. Timeshare attorneys can force timeshare developers into cancelling your contract.
A timeshare cancellation process can last a long time and can add a great amount of stress if handled by the wrong people. The best option you can take is by hiring the right team to help you cancel your timeshare contract legally the first time. You will save yourself many future headaches by cancelling your timeshare the first time, versus taking a risk proceeding without attorneys, all for you to find out they are necessary, and you lost hundred maybe thousands on your first attempt to exit.
As we continued to review the company’s website, we came across video testimonials from their past clients. Video testimonials are a great way for past clients to share their experiences with the company and their timeshare cancellation. Video adds authenticity to the company’s work versus written testimonials because those are difficult to determine. We admire the extra effort Timeshare Termination Team made here to give their customers a platform to share their stories.
Below the stories, the company makes a statement “Money-Back Exit Guarantee.” This translates to the company offers a 100% Money-Back Guarantee. A guarantee is important to assure you will be protected during your timeshare cancellation. Though we would have preferred an escrow payment option, a 100% Money-Back Guarantee can still be very beneficial if the exit company can truly back it up. This option is cheaper since an escrow payment option typically requires an additional fee. If an exit company tries to pressure you into signing the contract without any means of securing your fees, you should not proceed, most likely it’s a scam.
Below our team came across Timeshare Termination Team’s “Learning Center” as well as their “Blog” page filled with an abundance of information on some of the most common questions owners have about the industry as well as their timeshare. In addition, the learning center includes helpful tools such as the “Mortgage Cost Calculator” where owners can input their information and calculate their total mortgage balance.
A company who is willing to go the extra mile to help educate its viewers is a positive sign. This demonstrates how much they value their customers, which is important if you want your clients to trust you. Overall, the company did many things well, we did not see anything out of the ordinary with how they operate. They even list both of their in-house attorneys online which is a +1 since most exit companies do not mention that information online.
Still, we do not agree with up-front fees paid to any exit company, especially due to the recent pattern of complaints they have had. Not only does this put owners in a very risky position since there is no true guarantee they are protected. But in addition, several angry owners online claim they have failed to cancel their timeshares. Yes, they offer the 100% Money-Back Guarantee, but this does not mean you are protected from a scam. That is why so many owners have yet to receive their refunds from the looks of it.
What happens if the company decides to file for bankruptcy one day? Or your timeshare cancellation takes up to 4 years with continuous fees for the service and the maintenance fees? No credit protection services were mentioned on the company’s website either.
We recommend you always do your due diligence and review each timeshare exit company before working with them. Or reach out to our team by initiating a live chat or filling out our free consultation form so we can help you determine if an exit company is reputable.
Cost & Fees
Timeshare Termination Team Cost
Timeshare Termination Team costs are not listed online. There’s nothing out of the ordinary here. When it comes to the timeshare cancellation industry exit fees are determined after you’ve had a consultation with the company. Fees depend on the complexity of your timeshare contract. There are numerous resorts in the world, and there are even more timeshare owners. Each one signed a different timeshare contract, meaning each case will vary.
After reading through numerous customer reviews, we have concluded Timeshare Termination Team costs run from $3000-$7000. Prices are even higher for owners who own a mortgage on their timeshare. Still, we always recommend negotiating the price. If the fees vary then they’re open for negotiating.
Timeshare Termination Team Ratings
Update as of October 2021: the Timeshare Termination Team BBB page has an “NR”-rating with a 2/5-star rating out of 105 customer review average. In addition, they’ve had 165 complaints within the past 12 months. And have had their accreditation with the Better Business Bureau removed.
Timeshare Termination Team also has one 5-star rating with on Yelp and a 2.1/5-star rating with Trust pilot out of 19 reviews.
The Timeshare Termination Team Facebook page has a 5-star rating out of 3 reviews. Below are the most recent BBB customer complaints from a past Timeshare Termination Team customers:
Overall, the Timeshare Termination Team does seem like a legitimate company. Our team did not come across any known Timeshare Termination Team scams online.
A few things stood out about the company like the 100% Money-Back Guarantee, an A+ rating with the BBB, and a “Learning Center” page that contains an abundance of beneficial content for its readers. At the same time, a few points did raise some concern for our team. For instance, they seriously lack online customer feedback, and for an exit company with 9 years in the industry. They also do not offer a no up-front fee escrow payment option, which both could be deal breakers for many timeshare owners who are searching for the right exit solution. Especially since they are under fire from many customer complaints.
Contact our team so that we may help you find a reputable exit company who is ideal for your current timeshare situation. Our team only recommends hiring timeshare exit companies that offer escrow, so you eliminate all up-front fees. Fill out the form on the right or contact us through Live Chat for a free personalized consultation. Learn more about how you can protect yourself against a timeshare exit scam!
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LAST UPDATED: October 25, 2023
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