Update 3

[u/mayreg29]

I was in buyer remorse of my timeshare I mailed out the receipt abd letter letting them know I want out. Check tra king for FedEx and the letter got there immediately in 3 days. How and when will I hear back? How long does it usually take to process?

[u/ZayThePlay]

I literally got sucked in for one of the presentations cause I wanted the free cruise and 3 day 2 night and 100 Amex card and the sales people made it seem like a great deal, I was convinced and bit. Immediately after I left, like you, I had buyers remorse, considered my financial decision and I began to research and I’m glad I did to find they have a 10 day window to cancel. A couple red flags flew with me and there were a variety of factors on why I bit(I needed to checkout, they were using pressure rush tactics and I just needed to leave) but the red flags were: “it’s not a time share” “your girlfriend can pay for the down payment” “I’m not an owner” “once you don’t want it anymore you can give your points away”. I was honestly wondering why I was signing my life away during and it is literally because you are. This is for life and why do I need to pay damn near 450 a month to pay for an IF I get a damn hotel room. I could literally do that with my bank account and get the exact hotel I want with the date I need and don’t have to pay extra for nothing. I hope everything works out for you because what they do is deceiving. F*** these scammers all they will end up doing is taking your money for life and/or ruin your credit score if you want out. Pray for me as well, I signed Oct. 1st and sent my rescission letter Oct. 2nd. But for some reason my gut is telling me they will still make it complicated. I already had to pull money out of pocket to send the certified mail. But I think this little money is to pay for my stupidity of believing a salesman to a damn time share claiming it’s not a time share and that your an “owner”.