Was approached by BlueGreen at Bass Pro Shops in Foxboro. Mass. $99 for an overnight stay and you get $125 back in Bass Pro Shops gift cards. It was a great deal. All of the worked out well.
The sales person we took the tour with was nice and not high pressure at all. He showed us properties online that were in the range of 3,000 points a week. His sales manager came by and HE was high pressure. We ended up getting the sampler package with 7,000 points every 2 years. He said it worked out to a little over 2 weeks. He checked our credit and said we were good for no money down. It was just $99 a month for 5 years. We even got 6 "bonus" weeks. The first sign that this was a scam was when asked to have the paper he was writing all this down on. He refused to give it to me.
When we signed all the paperwork, payment was never mentioned. It never even occured to me until ..... I got a credit card bill for $9,000 at 24% interest !!! At the promised $99 a month, it would take over 30 years to pay this off.
The 6 bonus weeks we got? They're not free, they're about $99 a night.
And 7,000 points? That won't even get you a single week anywhere. I'd love to see where all those 3,000 a week places were that he showed us online.
I tried to use the points to book a couple of days on the cape. I started looking in April. Every single day for the summer was booked however, if I used my "bonus points" and paid $99 a night, there were plenty of rooms available.
Now don't get me wrong. The facilities seem nice and I really wasn't expecting any sort of bargin. I knew that we could probably book a room for a week somewhere for just the cost of the maintenence fees we were going to pay (About $600). I just don't like the way we got signed up for a credit card without filling out an application or signing anything. Is that even legal?
Monetary Loss: $9000.