Hilton is one of the largest timeshare developers in the world with almost 250,000 owners across the globe. Hilton Grand Vacations Club (HGVC) uses a point based process with access to 60 resorts to its timeshare owners. Like many other timeshare companies, they require numerous fees and obligations, which may not be sustainable to pay for some of its owners. For this reason, we are here to tell you how to safely exit your Hilton Timeshare at a minimal cost to you if that is your best option.
The first thing that every timeshare owner of a Hilton Timeshare should do is contact the company directly so you can speak with a representative to see which options you would qualify for. However, similar to other timeshare developers, it is not in the best interest of the company for you to exit your timeshare agreement. HGVC has a list of options on their website to consider if you’re unhappy with your current timeshare agreement including:
- They offer to transfer your club points into other Hilton travel and leisure experiences
- Preserving Your Points
- They offer advances, preservation, and transfer of points to family members
- Payment Plans
- Offer to divide any missed payments into a more manageable amount to be spread out over time
- May qualify to defer payments until owner is able to make monthly payments
- Loan Modification
- Owners may be able to change the terms of their loan
- Selling or relinquishing
- You may qualify either to sell directly through Hilton or they may set you up with their trusted third-party affiliates
Although Hilton lists some options, it is not in the best interest of the company for you to sell or rid of your timeshare in any way. Selling through them or their third party affiliates can be costly and time consuming. The initial options that they will offer you will largely consist of a points program (another way to get more money from you). Transferring your past points into vacation or other credit comes with additional fees that will often only prolong the exit option for which you hope. Timeshare developers will occasionally work with you to meet your timeshare exit hopes, but much of the time, it will involve you jumping through hoops including fees and other diversion tactics.
For this reason, we highly suggest looking to third party resources such as timeshare exit companies. We have provided you with numerous reputable companies to choose from, many of which provide you with a free consultation. Many of these companies have worked with owners of Hilton timeshares, and have an extensive list of clientele who have provided testimonials. We highly suggest referring to our reviews and ratings of each timeshare exit company before contacting a potential fit!
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