Wesley Financial Group

Wesley Financial Group

4
Rated 4 out of 5
4
Overall Score

Wesley Financial Group

Wesley Financial Group LLC, which also operates as “timesharecancellations.com” and “icanceltimeshares.com”, is one the largest and firmly exit companies in the cancellation industry. Hence, located in Franklin, Tennessee, the company started in 2012 and has additional offices in Nashville, Tennessee, and Las Vegas. Since its establishment, WFG has managed to become one of the biggest exit companies in the industry.

If you’re searching for a fair and honest review then you’ve come to the right place! Our team has compiled an extensive review of WFG. We have laid out all the pros and cons associated with the company. Our goal is to shed some light on just who exactly is WFG and how they operate. Now let’s dig into the specifics of the company and find out if they’re the right exit company for you. Our team is waiting for you if you are interested in working with an exit company that offers no up-front fees, escrow option.

Reviews

Wesley Financial Group Reviews

Wesley Financial Group reviews are mostly positive but there are some negative reviews online. If you’ve seen one of Wesley’s commercials, then you’ve probably seen them boast about how they employ over 300+ people and have helped over 12,000+ timeshare owners. It’s no question Wesley Financial Group has scaled up significantly since its establishment as an exit company, but what our team found even more impressive was its ability to maintain such a strong positive presence in the cancellation industry.

Whether you search Wesley Financial Group, “icanceltimeshares.com” or “timesharecancellations.com”, you’ll end up at the same place. The first thing our team noticed is their homepage containing the company’s credentials as well as video testimonials of past customer’s experience with the company. We admire Wesley here because they add evidence to their success in the cancelation industry by receiving endorsements from 10 different well-respected business accreditors. In addition, the company does well to provide real authentic feedback through their video testimonials as opposed to written reviews.

As our team continued to review the company’s website, we noticed in big bold letters “Guaranteed Timeshare Cancellation.” This statement led our team to find that Wesley Financial Group offers a 100% Guarantee or your Money-Back. Although we would have preferred if the company offered Escrow, the 100% Money-Back Guarantee can be very useful if the company you’re thinking of hiring has a strong positive presence in the cancellation industry. A reputable company will have secured financial assets to ensure their clients will receive a refund. This could turn out to be a cheaper alternative since you typically have to pay an additional fee for the Escrow payment option.

Wesley Financial Group also has a “Tools” page where they break down inflated maintenance costs. We admire WFG here for providing knowledge of how maintenance fees tend to increase because the truth is, the timeshare’s sales representatives probably didn’t do a great job at explaining this when you signed the contract. Any exit company that makes an effort to provide public knowledge is generally a good sign that they are reputable. Another point that stood out to our team, is the emphasis Wesley Financial Group puts on its CEO – Chuck McDowell. According to WFG, Chuck really fights for the consumer. A company having the full support of their CEO is a very good sign that they are reputable because it demonstrates he’s willing to put his reputation on the line for the company.

Another point that stood out to our team, is how the company doesn’t accept every case. The company is very selective on who they accept, which is a good sign that they aren’t just greedy salesmen. Wesley Financial Group offers a free consultation so the company can take a closer look at your situation and see if you qualify for their services. An exit company that is greedy would just take on any case that came their way and would try to charge up-front without any knowledge of the situation. We admire WFG’s effort here to evaluate each case carefully.

As we scrolled through the Wesley Financial Group’s website, we noticed their exit methods aren’t listed online. We could not confirm if the company uses attorneys during the cancellation process, but what we did learn is they send out cancellation letters on behalf of their clients. We came across a Blog” post where Wesley Financial Group mentions a couple of different ways you can exit your timeshare without involving a timeshare attorney. We disagree, read below on why.

Our team believes the most legitimate way you can get rid of your timeshare is through a timeshare attorney, they add an extra layer of protection while you try to cancel your “legally binding” timeshare contract. Contact our team if you have questions or concerns before working with any exit company that does not utilize attorneys so we can help you get the matter clarified.

Some Wesley Financial Group reviews on various platforms have stated the company has taken longer than they have promised. This can happen in certain cases but our team does not like this. We believe a client should be a priority and if a company is not pushing for your case, then you have various options. 

Cost & Fees

Wesley Financial Group Fees

Wesley Financial Group fees will vary due to the industry we are talking about. If you’re searching for how much these services are going to cost you, then you’re off to a great start! Online reviews are a great source of information that can give you an idea of how much your timeshare cancellation is going to cost you. Similar to their competitors, there is no information on Wesley Financial Group fees online. This is common due to a variety of resorts and agreements that exist.

The exit company will need to evaluate your situation first before they can give you a price on how much this is all going to cost. Some timeshares are simpler to cancel than others. Still owing a mortgage balance can drive your exit costs up as well compared to it paid in full.

After we read numerous consumer reviews, we determined Wesley Financial Group’s cost can run anywhere between $4,000-$10,000. Their prices are fairly similar to those of their competitors in the timeshare exit industry.

Plus the company offers a 100% Money-Back Guarantee to help put your mind at ease during the cancellation. Wesley Financial Group also has a high rating with Dun & Bradstreet. Dun & Bradstreet rates the financial health of companies all over the world. A high rating means the company has sufficient funds to honor its 100% Money-Back Guarantee. 

This prestigious rating is another reason why we recommend Wesley Financial Group. Nevertheless, you should still always try and negotiate for a better price. At the end of the day, it can only benefit you.

Ratings

Wesley Financial Group Ratings

Update January 2021: Wesley Financial Group BBB page has an “A+” rating and a 4.87/5-star rating out of 509 reviews. In November 2019, the company’s image was a bit tainted after their BBB accreditation was revoked due to not upholding Better Business Bureau standards. This suspension will remain in place for an entire year before the further discussion is held for renewal. Aside from the BBB, the company also has a 4.8/5-star rating out of 439 reviews on Trustpilot, and a 5-star rating out of 281 reviews on the Best Company, and a 4.7/5 – star rating on Google reviews.

The company has a strong positive presence on all platforms. Many online Wesley Financial Group reviews from past clients reveal that the company honors its 100% Money-Back Guarantee. This really stood out to our team since not every exit company is able to do this. We ideally want our clients to pay no up-front fees because we understand timeshares can be expensive.

However, after careful review, we did not find any known Wesley Financial Group scam. And there are very few known Wesley Financial Group complaints, the majority of them were just on the Better Business Bureau, which adds authenticity to their online presence. Every now and then you’ll receive a few bad reviews, it’s extremely difficult, and not credible for a business to have 100% positive reviews. And aside from their suspension, the company continued to receive an abundance of positive reviews on all other platforms.

Below are a couple of reviews from past Wesley Financial Group BBB review customers:

Wesley Financial Group

Wesley Financial Group

Wesley Financial Group Lawsuit

According to the lawsuit filed by Diamond Resorts, Wesley Financial Group was suspected of not helping the very same timeshare owners it claims to protect. According to Diamond, Wesley was driving timeshare owners into financial jeopardy and foreclosure.

CEO – Chuck McDowell had something else to say about the matter. He mentioned how Diamond is singling him out instead of the company, and that Diamond is using his past financial struggles as tactics to make him look like he’s not trustworthy. Diamond is currently on a legal campaign with a goal to expose “all timeshare exit companies.” So Wesley is not the only exit company that is on their hit list.

Wesley Financial Group

Final Thoughts

Final Thoughts

The timeshare industry can sometimes be like searching for a grain of salt at the beach, and it can be very difficult to find which exit company is reputable. Wesley Financial Group however has a strong positive presence in terms of online reviews. Our biggest concern was that the company does not offer an escrow option, or use timeshare attorneys during the cancelation process.

We only recommend exit companies that have no up-front fees and offer an escrow option. However, our company has decided to make an exception due to such a high Dun & Bradstreet rating.

Still, we encourage you to contact our team first if you have any questions or concerns. And if you need help determining which exit company is reputable, fill out the form on the right or contact us through Live Chat for a free personalized consultation. Learn how you can protect yourself from a timeshare exit scam!

 

Company Details

Time in Business
10
LAST UPDATED: March 11, 2021

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Rated 4 out of 5
February 9, 2021

Very helpful in making a tough situation better …. Thank You

Rob S.

America's #1 Timeshare Exit Resource

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