We typically like to recommend companies that offer an escrow payment option and have an A+ rating with the BBB (Better Business Bureau)
With escrow, the timeshare exit company does not get paid in full until after the timeshare is cancelled.
This gives them incentive to complete the cancellation of your timeshare rather than take your money up front and never cancel the timeshare.
Escrow is a payment option that is made for your extra peace of mind. You are well assured that your money is safe with a 3rd party holding account that keeps your money secured until the cancellation of your timeshare has been successfully completed. This means that the exit company won’t have any access on your money, keeping them motivated to do their task; cancel your timeshare.
Some companies offer 100% money back guarantee. Most of the time, this means nothing. When the company fails to cancel your timeshare, you would still need to pay them fees on different breakdowns. It only means that the total sum of the money that you spent will be less than 100% when they give it back to you. You’re even lucky if you get the half of it back.
Not only that you wasted your money, but you also wasted time. Canceling a timeshare takes months in average. By that time, your credit score may also be affected. That is why we strongly recommend escrow. It allows you put your mind at ease because you’re protected from any possible scams.