In a nutshell, my husband and I purchased a timeshare through the fast-talking, glam-promoting squad and dream fakers of King Creek Plantation. We purchased it in the summer of 2012, and we have paid over $2,000 in member and maintenance fees. Our loan was a total of $9,000 and we still owe them $6,000. We have been absolutely nowhere, because on top of all the fees and monthly payments, of which only $90 or even at one point $40 went toward the principal, we cannot afford to pay them more money to travel. There is a fee to book on top of everything that they already throw at you. I am loyal to paying my bills, but I must say this has been the one financial mistake that I wish I could take back and get help to get out of. I would not wish this on my worst enemy. Companies like this should be ashamed of themselves.
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