GRAND RAPIDS, MI (November 14, 2012) — The Western Michigan Better Business Bureau has issued a warning for timeshare owners to be wary of doing business with a resale company with a West Michigan mailing address that appears to be a scam operation.
Financial Care LLC, doing business as Financial Care Associates, has been contacting timeshare owners claiming to represent a buyer, according to the BBB. The BBB file contains several pending complaints as well two unanswered complaints.
Complaints in the file show a pattern in which consumers state they were contacted by the company which informed the consumer that they had a buyer for their timeshare but required the seller to pay a processing fee ranging from $2,198 to $4,535, which was to be wired to the company. After the consumer paid the fee, the sale did not go through and the company would not refund the fee paid by the seller. Calls and e-mails to the business are not returned.
The 2885 Sanford Avenue SW, Suite 22223, Grandville, Michigan address being used by this company is actually that of a company that rents out mailing addresses and provides mail forwarding services by the name of Mail Forwarding, Inc.
Mail Box Forwarding Inc. notified the BBB that as of November 1, 2012, Financial Care LLC is no longer receiving mail at the 2885 Sanford Ave address.
The true physical address (location) of the company Financial Care, LLC is unknown.
The BBB advises timeshare owners to never wire or pay money in advance to a timeshare resale company, and to thoroughly check any organization prior to signing any agreement with them.