| |
1 2 > |
Fred 2
|
31-10-2007 06:12 PM
|
Joined: 30 Apr 2005
Posts: 2135
My Profile
| (Found on Timesharetalk)
Lloyds TSB and Tesco have lost their appeal in the House of Lords. The judgment given today means that S75 of the Consumer Credit Act 1974 is finally confirmed as applying to overseas transactions.
No excuses for CC suppliers and finance houses such as GE and Clydesdale any more. They are jointly liable for Holiday Club and Timeshare frauds paid for using their facilities even if you only paid part or even just the deposit (over £100) with a card.
You just have to be very careful that your transaction is with a UK credit card issuer or a UK finance house. It's a pound to a pinch of snuff that the finance houses will set up something abroad to get round the ruling.
|
|
|
aramis
|
01-11-2007 08:31 AM
|
Joined: 12 Jul 2007
Posts: 172
My Profile
| Excellent news, and hopefully will cause the credit card issuers to become more pro-active in combating the massive holiday fraud scam industry. Everyone who considers they have been misled, misrepresented or defrauded in any way into signing a timeshare or holiday club agreement while on holiday abroad, should now make a claim against their card issuer, and refer to this judgment in their claim.
|
|
|
nehmoyo
|
14-11-2007 05:37 PM
|
Joined: 14 Nov 2007
Posts: 1
|
Thanks for the information.
I believe, that on my recent holiday in Tenerife, I have been defrauded and misled into joining a Designer Way Vacation Club provided by a company called European Coast & Sun Holidays S. L. Has anyone out there been scammed by this company whislt in Tenerife, Spain?
|
|
|
Pat1
|
17-11-2007 02:59 AM
|
Joined: 04 Aug 2007
Posts: 7
| Nehmoyo
If you have had any dealings with DWVC then you will have been defrauded. See all the other listings and threads about them in the index
|
|
|
foolish lady
|
18-11-2007 10:52 PM
|
Joined: 18 Nov 2007
Posts: 12
My Profile
| I too foolishly signed up on the 12/11 thankfully i didn't pay the full £9000. ~If you look on the European Fair Trading Site it states that both DWVC and European Coast and Sun Holidays said that as of May 2005 they would offer a 7 day cooling off period, it adds that is this wasn't given they want to know. this was not given to us so I pasted the information onto my email to them cancelling within 7 days and copied OFT in. I have requested my deposit back. Anyone actually got anything back?
|
|
|
sostupid
|
19-11-2007 05:10 PM
|
Joined: 13 Aug 2007
Posts: 128
My Profile
| Hi Foolish Lady
Look at the threads on DWVC and Timelinx and you will see that lots of people have had their money refunded by credit card but they have also had threatening letters which they have ignored. have a good read and follow the advice that others have including me. I found the threads very helpful and it helped knowing that others had the same problem and had coped with it. Good luck.
|
|
|
sostupid
|
19-11-2007 05:15 PM
|
Joined: 13 Aug 2007
Posts: 128
My Profile
| Foolish Lady
Forgot to mention this thread: Incentive Leisure Threats Of Debt Collection - Page 13, look at yesterdays note from aramis - some good advice and it is a long thread but should help you to deal with your situation
|
|
|
stneots
|
01-12-2007 07:39 PM
|
Joined: 01 Dec 2007
Posts: 3
| Apologies Fred 2 but you do seem to be the one to pose this question to. We have just returned from Eygpt and found ourselves the victims of a company called Lion Resorts who we have since found out are a timeshre company based in Cyprus (we thought we were getting a Leisure Time Passort which discounts travel, something we do regularly although you may not think so after reading this!) We paid a deposit of over £100 using a UK credit card and now want to cancel, what do you think our best course of action is? Once again thank you for any help you maybe able to offer.
|
|
|
Fred 2
|
02-12-2007 06:51 PM
|
Joined: 30 Apr 2005
Posts: 2135
My Profile
| Didn't see your post until now - this thread is supposed to be SOLELY about the Lords' ruling on the use of credit cards abroad. Would you like to start a new thread headed Lion Resorts. Open the Timeshare and Holiday Clubs forum page then click the button at bottom right to start a new thread. I will look them up in the meantime.
|
|
|
Fred 2
|
02-12-2007 06:58 PM
|
Joined: 30 Apr 2005
Posts: 2135
My Profile
| - have now seen that you have posted on the existing Lion thread as well - so will reply there.
|
|
|
hennessy
|
04-12-2007 10:46 AM
|
Joined: 01 Dec 2007
Posts: 2
| i signed up with club class contiage on the 26th nov paying them 800 pounds deposit on my abbey visa card,since then i have been led to belive it is a scam .how do i stand as regards ti getting a refund on my card? will visa help me and what is the appropriate action to take?
|
|
|
hennessy
|
04-12-2007 10:58 AM
|
Joined: 01 Dec 2007
Posts: 2
| can anyone advise me as to weather club class contiage is a scam?
|
|
|
Fred 2
|
04-12-2007 01:09 PM
|
Joined: 30 Apr 2005
Posts: 2135
My Profile
| Hennessy - suggest that you post in the Club Class Concierge thread, not a random one, if you want a reply. If you actually read that thread it will supply the information which you need.
|
|
|
Fred 2
|
04-12-2007 03:23 PM
|
Joined: 30 Apr 2005
Posts: 2135
My Profile
| Hennessey - I believe (but can not confirm) that all Visa issuers operate a ten-day cooling-off period for this type of transaction. YOU HAVE ONE DAY LEFT. Before doing anything else at all I suggest that you contact Abbey today.
|
|
|
moodynight
|
05-12-2007 07:52 PM
|
Joined: 29 Oct 2007
Posts: 11
My Profile
| Tesco have today confirmed that we will be getting a refund of the money paid to FVN/Vacation services /whatever/ and also refund the interest we had to pay on it. Nothing in writing yet, but should show up on our next statement
|
My Latest Review: Feb 2008 Hilton Sharks Bay Resort Hotel, Sharm El Sheikh (10/10)
|
|
IlDivoFan
|
08-12-2007 08:08 AM
|
Joined: 24 Oct 2007
Posts: 11
My Profile
| Well Done MoodyNight
we also recieved a refund of our deposit £3.5k thanks to someone at Natwest spotting the transaction was processed by Tenlanz/FVN as timeshare and thus we had a cooling off period.
Tenlaz not happy........... shame :)
|
My Latest Review: Oct 2007 Guayarmina Princess Hotel, Costa Adeje (8/10)
|
|
mpboatsafety
|
13-12-2007 07:03 PM
|
Joined: 15 Oct 2007
Posts: 17
My Profile
| does the rulingmean if timeshare company missold an investment shrouded in lies and deceit and broken promisses thn the clysedales of this scam system are in breach please, i am due to pay my 8 grand bill now and they say i got to pay it or else i am in breach of agreement, mike
|
|
|
Fred 2
|
13-12-2007 08:25 PM
|
Joined: 30 Apr 2005
Posts: 2135
My Profile
| There has to be a three-way relationship between you, the supplier and the provider of credit for the lender to be responsible. If the lender merely supplied you with the money to pay over to the supplier they have no responsibility. If they paid the supplier direct they may have - provided that they knew exactly what they were paying for.
If you paid any part of the transaction by credit card the cc provider MAY have responsibility for the TOTAL amount of the deal.
You need to take legal advice or to see someone at Trading Standards with a good knowledge of the subject and - clearly - this should be done urgently.
Who are you due to pay the 8k to?
|
|
|
mpboatsafety
|
13-12-2007 08:35 PM
|
Joined: 15 Oct 2007
Posts: 17
My Profile
| Hi fred
I have to pay clysedale financial 8k as they are the credit card company
|
|
1 2 > |
Overseas credit card and other credit transactions definitive ruling.
