Silverleaf Resorts
Scam

I just submitted this complaint at http://usacomplaints.com

Silverleaf told my husband that he could use the purchase as equity and could be used for an equity loan and it was real property. At the time he bought it he thought he was building equity (being young). We know that this is untrue because when we went to buy a condo after paying $10,000 for the timeshare, the bank nearly laughed at us saying that there was absolutely no equity in the time share and it cannot be used for anything.

They stated they were in a deal with American airlines and avis so that he could get deals when he traveled. They lured him there telling him that he had a chance to win a car.

This happened in 1999. I know there is probably not much that can be done now but i just wanted this on the record. It's paid off now and we pay fees monthly that rise every year with no reason why.

Company: Silverleaf Resorts
Country: USA
Site: silverleafresorts.com

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