PHOENIX, Aug. 30, 2018 /PRNewswire/ -- Newton Group Transfers, the nation's leading timeshare exit company, will publish the second edition of its successful Consumer's Guide to Timeshare Exit next month. The Guide aims to demystify the timeshare exit process while shining a light on unscrupulous practices and common "watch out" scams that could affect consumers. The Consumer's Guide to Timeshare Exit 2.0 will be available for free via download at www.newtongrouptransfers.com.
Eduardo Lopez, a native of Austin, Texas, is one of thousands of consumers who downloaded the original Consumer Guide, which launched in March of 2018. Unfortunately, this was not before he and his wife fell victim to a timeshare exit scam from a company which bilked them out of $29,000. Lopez stated, "Had I known the layers of verification to vet this company based on the information I learned in the 'Consumer's Guide,' I would have easily discovered they weren't who they said they were."
Consumers can download the current guide today by visiting newtongrouptransfers.com/guide. They will receive the updated guide upon release.
"A timeshare may seem like a good idea at the time of purchase, but life and circumstances change. Many owners come to realize they no longer want or can afford these contracts," said Gordon Newton, president and founder of Newton Group Transfers. "Our new guide pulls back the curtain on the proper approach to exiting a timeshare. Our goal is to educate consumers so they understand variables they should consider."
More than 9 million households in the U.S. own some form of timeshare (weeks, points, club membership, etc.). The $9.6 billion industry consists of nearly 1,600 resorts in the U.S. alone, with 131 units per resort on average. Yet at any given time, it's estimated that roughly 1 million people are looking to end their ownership.
"The timeshare model is outdated when you consider all the travel options and efficiencies offered by today's technologies," said Newton. "A timeshare is not an unbreakable union, and by working with the right company, ownership can end. Consumers just need to know their options and that qualified, experienced professionals can assist them."
About Newton Group Transfers
Phoenix-based Newton Group Transfers is the nation's #1 trusted timeshare exit company and the only company in the industry willing to take over financial responsibility for its clients until the timeshare exit is complete. The company maintains an A+ rating with the Better Business Bureau and offers a financial commitment guarantee that is unmatched in the industry as well as a 100% money-back guarantee. To learn more about Newton Group Transfers, visit www.newtongrouptransfers.com.
*Sources: AIF State of the Vacation Timeshare Industry: United States Study, 2018 edition (reflecting 2017 data)
SOURCE Newton Group Transfers