hi jgho83
Concepts Club services is a company that does timeshare. They
are also a company that does tour. CVC is another company that is
in England. Previously, in 2005, I bought this timeshares fm LGM
(this is a mktg company that represent CVC). They have a clause
that I paid $10K for this membership but after using it for 7years,
I still can get back $10k or more due to appreciation of the
membership. My due date is in year 2013. Once reach mar 2013, I can
get back what was invested.
After using their service for 2 years, I realised that the
normal tour package is better pricing than them, i stop taking
their services.
In 2008, I was called up by LGM again. This time they told me if
i paid another $8K, i can terminate my membership in 2010 instead
of mar 2013. Meaning to say i can get back my cash earlier. So I
top up another $8K. This time they told me that estimated my
membership will appreciate to $25K.
In 2009, I read thru the news that they had closed down, so I
went to look for them. Sad that another company took over which is
called IGeneric. They create a story and tell me that i need to top
up another $7K so that i can get back all my monies, if not, the
2nd contract (top up in 2008) is not valid. This time i mad, i did
not top up but I went to small claim case. They just did a record
but nothing they can do.
This morning, last week Concept Club Services called me. They
told me to go down as they would like to talk to me about my
membership. I asked them to assist me to terminate the membership
as i not using it. They told me since my membership is breach and i
need to pay a breach of contract fee which is $8K+. They told me
that my membership now cost around $32K. So if i pay them the $8K+,
they will help me to get back the $32K which is almost all the
monies that i invested.
I went thru the forum but nothing is on this Concepts Club
services. I just want to check if anyone had been going thru like
what i did. Do give me some advise should i still go on to pay
these company.
