March 9, 2024

Timeshare developers often entice buyers with the convenience of in-house financing options, but a significant drawback emerges in the form of exceptionally high interest rates. This financial strategy results in consumers bearing the burden of repaying an amount that is essentially double the initial face value of the loan. This practice not only significantly inflates the overall cost of the timeshare but also raises ethical concerns about transparency and fair lending practices within the timeshare industry. Prospective buyers should exercise caution and carefully evaluate the long-term financial implications before engaging in such financing arrangements.