How Timeshares Take Advantage of U.S. Military Personnel.
Most Timeshare Companies make their money by trapping normal people into contracts. These contracts will go on into perpetuity and will often not fulfill the desired service. Lots of “owners” decide they will not pay their mortgage, and/or their maintenance fees. This could severely harm their credit, but at least they wouldn’t be at risk of losing their job because of delinquent payments. According to MillitaryMoney.com , a lot of jobs in the military require a certain level of security clearance to have accesses to classified information or sensitive materials. Delinquent debt can cause military personnel to lose security clearance as it can be considered a risk to national security. The government has to ensure that individuals with access to such information are trustworthy and do not have any financial troubles that may compromise their ability to protect classified information. Individuals who are unable to pay their debts on time may be more susceptible to financial ...