| This lawsuit against Westgate is worth reading. In this lawsuit, Westgate is accused of violating the Military Lending Act. (MLA) The MLA “…is a program that provides certain protections in lending for service members who are called to Active Duty.” The lawsuit states “…the MLA was enacted to protect members of the United States Military from an epidemic of predatory lending that endangers our Nation’s military readiness and impacts service member retention,” This lawsuit says Westgate knowingly violated the MLA. It says: “…Westgate has uniformly and systematically failed to implement policies and procedures to ensure compliance with the MLA’s mandatory written and oral disclosures and limitations as part of their standard form Agreement that they use uniformly at their timeshare resort locations. There is no mention of MLA protections appearing anywhere on the Agreement and none were provided to Plaintiffs and the Class via any supplemental notices or disclosures.” The lawsuit claims: “The Westgate Sales Representative lured the Plaintiffs into a high- pressure sales-pitch meeting with the promise of $175 Visa gift cards just for sitting through the presentation. Plaintiffs were then subjected to a five (5) hour high-pressure sales pitch presentation, designed to ensure the Plaintiffs and the other attendees would not leave without purchasing a timeshare property. Westgate’s tactics were successful, as the Plaintiffs finally did purchase a time share vacation.” And it says when they did sign all those forms that: “The standard form Agreement fails to properly disclose the accurate finance charges as defined by the MLA, fails to provide the standard written MLA disclosures, and because the original creditors do not provide oral disclosures, the Agreements fail to provide a method to obtain the oral disclosures as required by the MLA and the Code of Federal Regulations.” Here’s the kicker. The lawsuit says: “Westgate’s failure to provide required MLA written and oral disclosures violates the MLA causing Plaintiffs and the Class actual damages in that they made substantial payments under the illegal and void Agreements, and because they are ostensibly obligated to pay more money in the future on the illegal and void Agreements.” David Siegel is the CEO of Westgate. Feel free to write him and tell him you don’t approve of the way Westgate treats our soldiers! His email address is: david_siegel@wgresorts.com Tell us your timeshare horror story, too. Send it to us at info@timesharefacts.com. PS: Follow us on social media. Twitter Facebook Instagram |
