Get your bank to pay for timeshare swindle

[ad_1]

Ruth Lythe for the Daily Mail

The Consumer Credit Act gives buyers the right to claim a refund for items bought on a credit card

The Consumer Credit Act gives buyers the right to claim a refund for items bought on a credit card

The Consumer Credit Act gives buyers the right to claim a refund for items bought on a credit card

Timeshare owners are reclaiming thousands of pounds from banks and credit card firms after being mis-sold holiday properties.

Customers are using Section 75 of the Consumer Credit Act 1974, which gives buyers the right to claim a refund for items bought on a credit card costing between £100 and £30,000 if the goods or services are not as described.

Many owners say they were promised cheap holidays by the firms flogging timeshares. 

Instead many cannot book a break when they hoped, or are hit with hefty management fees.

The Financial Ombudsman Service, which settles disputes, is ordering banks to refund the cash.

r.lythe@dailymail.co.uk

 

Advertisement



Most watched Money videos


[ad_2]

Source link