Let me share my experience with ATC or IRN or the so called Asian Travel Club,
If I can summarized the steps the club made people paid for an expensive membership, without the intention of providing the value-for-money services they promised, these were the painful lessons I learnt:
The Master Plan of an Evil Intent
1. The Courtship - Get you to signed up (all kinds of ways as described in this tread)
2. The Regret - The club would convinced the victims to keep the membership - this usually takes place between the following day of signing up to around 3 months afterwards
3. The Long Torment -In the next few months, Victims will realized that what they have been promised during the selling is not applicable to them, as the club would explained it’s due to membership not fully paid
4. The Goody - After one or two years of painful repayment (sometimes victims halt payment or reduced their payments due to losing hope), the club will tempt them with huge discount of the total sum (10% for me), if they could pay up in full. Many people fell for this, as they wished they could access to their full membership rights (sigh)
5. The Sudden Strike - Remember the club promised that 1st year or 1st 2 years of membership will be waived?). The timing would always be perfect, just when the victims managed to fully paid the membership, a notice will come to inform them the annual fees have increased (by a large quantum). Most of victims would be furious at this point, as they clearly remembered they were told during the sales presentation that annual fee will be same throughout the years, and therefore more saving from their travel booking against years of inflation. Any argument with the club is futile, as they would "enlighten" them that everything is spelled out in the fine print of the contract they signed.
6. The Panic - Most victims would wish to terminate or sell away their membership at this point of time, as they realized they are at the club's mercy for whatever annual fees the club charged. (The club insisted they have the right not to disclose how annual fee was derived) To the astonishment of most victims, they were told they can’t terminate their membership, even if they were willing to forgo without a single cent, as it’s spell out in the same fine print (see point 5). Contrary to what they described at the point of sales, the victims would be told by the club that there was no resale value, or any interested party in the market, due to all the negative press about time share (Funny, how the club use this against the victims). So turning to help of third party agents are useless, according to the club, these agents are tricksters. Fear, and more fear.
7. The Goodbye – Two to five years after paying up, and after numerous arguments with the club about termination rights (if the victims have not gone to CASE to resolve). A friendly phone call informing the victims, that the club would be willing to terminate their membership free of charge. Why the sudden kindness? Most victims would ask, the club explained that due to all the negative press about Time share, which is hurting the club’s image (not convincing enough), the club wish to settle it once and for all. Most victims would wonder if this was really goodbye. (Both to the long suffering and also the hard-earn money). The club would pressure the victims to decide within a short time, as they were told that this window is the once in a lifetime chance to get off the boat.
8. To be Continue……
I hope someone at a more advanced stage of this whole saga, can continue the writing. It’s meant for educating more people out there, not to fall prey to this kind of Scam. I believe the only way to stop these evil doers, is to educate and root out their source of income. If anyone has legal advice against this kind of evil practice, please help.