Preferred Cancellation Services Review
Timeshare exit company, Preferred Cancellation Services, might be able to help you get out of your timeshare ownership. Founded in 2014, Preferred Cancellation Services is based in Daytona Beach, Florida.
Preferred Cancellation Services’ site raises a small red flag at first sight; the group claims they do not work with attorneys at all to help you exit your timeshare contract. We almost always recommend working with a timeshare exit company that partners with attorneys.
The second reason for pause is that the company promises that “if we do not get you released within one years’ time, you will receive a full refund at that time upon request.” We always encourage owners to be skeptical of a 100% money-back guarantee of any kind. A money-back guarantee means the company definitely asks for fees up front before they begin work. There is also no true guarantee that a company will keep its promise.
In the instance up-front-fees are required, we advise against them. Instead, we always recommend owners consider using company with an escrow payment option for extra peace of mind when cancelling their timeshare. Learn more about escrow and how it can help you avoid scams here (https://www.escrow.com/what-is-escrow). An escrow option helps keep you and your money protected regardless of the timeshare company’s financial status.
We do appreciate that the company is honest about the rarity of owners getting a full refund on their timeshare after contract cancellation. Companies that promise they can help you get all of their money back are likely overpromising.
Although the company does not help its customers exit contracts with the use of attorneys, they do take time to feature their general council, Richard J. D’Amico. He does not appear to have any negative reviews.
Preferred Cancellation Services Customer Reviews
We always recommend looking at third-party review sites for the whole truth about a company. Preferred Cancellation’s reviews on Google are overwhelmingly positive. They do have one negative review on the Better Business Bureau’s (BBB) page under their alternative name, Windham Ventures, LLC. Preferred Cancellation Services did take the time to respond to the review, which is a good sign.
Preferred Cancellation Services Cost and Fees
Preferred Cancellation Services does not specify a cost for their services, which is normal for a timeshare cancellation company.
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