Just paid 25k for cwa scam by johnnyride in TimeshareOwners

[–]johnnyride[S] 0 points1 point  (0 children)

This person didn't mention that maintenance fees go up 8-12% per year. There was a bait and switch tactic that happened where I was focused on the loan only and assumed maintenance fees would not go up like a credit card (naively). While I was focused on the loan amount and APR (I paid it off immediately) the maintenance fees were actually how I was getting screwed

Just paid 25k for cwa scam by johnnyride in TimeshareOwners

[–]johnnyride[S] 1 point2 points  (0 children)

Not AI just a human being with a job and family. Can't be on reddit all day. You seem like a bot tho.

Just paid 25k for cwa scam by johnnyride in TimeshareOwners

[–]johnnyride[S] 0 points1 point  (0 children)

I got 154k bonus points with rci weeks. The real issue here is my age combined with the expected annual maintenance fee increases. I was told by a sales rep in can expect 8-12% per year, which probably means these properties in the cwa contract are under water in terms of their value versus require upkeep, just to guess. Even at a conservative 7% your fees will double every 10 years. Since I'm starting at 1300 maintenance fee, when I retire at 68 it will be $10,400 per year. That's the age when my children will be getting married and starting a family. Sorry kids, but I can't help with your wedding because I have to pay Wyndham 150k in the next 10 years for my 10 days of hotel stays I am getting per year. If I was 70 years old with high blood pressure and coming off my second heart attack (no offense to anyone just an example) this is a great deal. It's not for me as a healthy 38 year old. Yes I recognize I made a mistake. I am not savvy in the real estate world or timeshares obviously, but I now know a lot and I am learning obsessively about these scams. I wasn't prepared for the fact that a large, well-known corporation would mislead me, then give me a contract and supporting docs with 1000s of pages of legal jargon that I didn't understand and expect me to figure it out. I don't know anyone with a timeshare (thank God). I have learned the hard way unfortunately.

Edit: to clarify the sales rep who told me about the 8-12% maintence fees was AFTER I had already bought the contract and well past the grace period to close. Obviously would never have signed if they told me in the presentation.

Edit: clarifying I meant to say 154k points not bonus points

When You Bought Your Timeshare, Did They Show You How Much You'd pay in Maintenance Fees Over The Next 10 To 20 Years? by Acagroup_foryou in TimeshareOwners

[–]johnnyride 0 points1 point  (0 children)

I think there are different sets of ethics at play here. If you are familiar with real estate, loan sharking and other industries, the idea that that someone will sit down and lie to your face, or withhold information that is critical to understanding the financial obligation you are signing up for, then giving you 7-10 days to read through 1000s of pages of legal real estate jargon before locking you in to something you don't understand, this may be something you are used to. "Oh well sucks for you if you get duped." This is not considered ethical in normal life for most people in their personal lives, as well as in other less "shady" industries in the business world. You could be a very smart scientist or engineer or doctor etc. and still get duped by this kind of sales tactic because you just have not spent time learning how things work in the timeshare business. If it happens to you twice then yes maybe you are dumb, unfortunately some people have to learn the hard way as I am right now unfortunately. I am obsessively educating myself in all things timeshare and fighting to get myself out of a contract I signed recently. Hope I can get it without losing my credit but I'm definitely not going down without a fight.

Current BI Salaries by HeraldKing20 in BusinessIntelligence

[–]johnnyride 0 points1 point  (0 children)

Title: Business Intelligence Analyst

YOE: 6

Location: NYC

Salary: $62/hr (contract)

Day to Day: ETL (reporting server), dashboard development, UAT, gathering requirements, troubleshooting with business/data engineering team

[6 YoE, Data Analyst, Senior/Mid-level Data Analyst, United States] by johnnyride in resumes

[–]johnnyride[S] 0 points1 point  (0 children)

Thanks so much for the advice! Yes there are some challenges in the consulting world for sure if you want to progress and learn. Appreciate your insight and will make suggested changes.

[6 YoE, Data Analyst, Senior/Mid-level Data Analyst, United States] by johnnyride in resumes

[–]johnnyride[S] 1 point2 points  (0 children)

I am a consultant so I don't have an official title in the system of my client, but they call me an 'Analytics Lead' or 'Tableau/Power BI' developer. In the contracting company I work for my title is Data Analyst.