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Nunquam_Idem · 07-19-2005, 02:30 PM

I think the search feature was broken or something because I couldn't figure out if this was already a topic somewhere, so here goes...

We really shouldn't have, but did get sucked into buying a time share. Fairfield Resorts.

Basically, points for life, paid about $10K for it, their payment plan had an atrocious 12% rate, so we transferred the balance to AmEx, with a 6% rate for the life of the balance. Has a bit higher minimum payment ($182/mo rather than $130) but I'm hoping it will be worth moving.

So far, the resorts have been really nice and we have the comfort of knowing that one day, it will be paid off and we'll own it outright for the rest of our lives, but it's debt in the here and now.

Anyone else get into the time share thing? Any experiences, good or bad?

07-19-2005, 02:30 PM	#1 (permalink)
Nunquam_Idem Tilted Location: On the 'Mostly Harmless' planet Earth	Time Shares... Worth it? I think the search feature was broken or something because I couldn't figure out if this was already a topic somewhere, so here goes... We really shouldn't have, but did get sucked into buying a time share. Fairfield Resorts. Basically, points for life, paid about $10K for it, their payment plan had an atrocious 12% rate, so we transferred the balance to AmEx, with a 6% rate for the life of the balance. Has a bit higher minimum payment ($182/mo rather than $130) but I'm hoping it will be worth moving. So far, the resorts have been really nice and we have the comfort of knowing that one day, it will be paid off and we'll own it outright for the rest of our lives, but it's debt in the here and now. Anyone else get into the time share thing? Any experiences, good or bad? __________________ Oh no, not again.