point rental liquidators

I just think it is time to consult a Lawyer.

Please call me @ (504) 452-3573. I have a big problem with Point Rental Liquidators.

My name is Greg Delaune.

Thank you,

i will first thing in the morn..

Greg, What state are you in? I also have a problem with PRL. I am in Louisiana. Can I call you, too?

We attempted a credit from the credit card company as "fraudulent transaction" with no luck. Bank of America (BOA) wasn't willing to call it fraud because my parents had actually signed the paperwork (they were tricked into it). What credit card company did you have? Would you be willing to call me and give me some pointers so I can try to get my parents' money back?

Thank you Greg, you are the first to step out and give your phone #. May I Give you a call also . I am in Indiana and have been scammed also by PRL.

. Well here goes james again or BJ by another name or one of his brain washed associates. protecting everyone. Small mind. Bof A does not care about anyone as long as they make money . Do you think banks really care about anyone ?? If they did the housing market would have not collapsed , they were part of it and a reason why we had to bail them out. So much for your banking experience.

Last remark was to jamesj406

tonym248 wrote:

Tony, this is what a client sent me on Tuesday after trying to call PRL and I have been trying to reach someone to get more info...

"Due to several unforeseeable circumstances Point Rental Liquidators had no choice but to dissolve as an entity on Thursday, November 8th. To do the best we can by our clients, we contacted vacationtimesharerentals.com who is the largest and most reputable timeshare rental company in the business and has been explained that PRL had shut down. We let them know that we are referring all of our existing clients to them. They offer a free listing service as well as an option to make it a featured listing that you can pay a membership fee or set up the featured listing but on a commission structure with no upfront money. You list it on their site yourself and it provides a number to call if you need help... This company is not an affiliate of PRL in anyway so they are not going to want to hear about the past but move forward with what they can do for you... Sorry for the inconvenience..."

That is as much info I know right now Tony and wish I could tell you more. At this point I would give VSI (855-VSI-TRVL ext7) and see what they reccomend as far as banking with them or RCI/II. Tony I wouldn't have expected this to happen, as it was my understanding that PRL was doing great. I and the representative working with me were assured that everything was great and wouldn't have shown the product otherwise. The whole "sorry for the inconvenience" line at the end has me livid. As I get more info I will forward it to you.

Neil Y.

PRL should still be held accountable for their actions.

As far as BOA backing PRL ..... that doesn't seem to be the case ..... evidently people signed up (legitimate signatures) for a BOA credit card via PRL and SSH.

The two salespeople that charged a large amount on one client's BOA credit card ..... that's an entirely different ballgame and BOA should write off those charges as fraud and look for the scammers so they can be arrested.

jamesv145 wrote:

. Well here goes james again or BJ by another name or one of his brain washed associates. protecting everyone. Small mind. Bof A does not care about anyone as long as they make money . Do you think banks really care about anyone ?? If they did the housing market would have not collapsed , they were part of it and a reason why we had to bail them out. So much for your banking experience.

jamesv, you really need to 'reply to the message' of the person's post you're referring to ..... that will bring up their post then you can reply then everyone will know who you're referring to.

tinak117 wrote:

We attempted a credit from the credit card company as "fraudulent transaction" with no luck. Bank of America (BOA) wasn't willing to call it fraud because my parents had actually signed the paperwork (they were tricked into it). What credit card company did you have? Would you be willing to call me and give me some pointers so I can try to get my parents' money back?

I would go to the ends of the earth to see that this problem was taken care of by BOA .... there would be NO stopping me even if I had to complain to the CEO and the BOD of BOA if need be for the rest of my life .... those two PRL scammers need to be caught and arrested for their fraudulent behavior.

Below is the info for the CEO and BOD of BOA (copy and paste url):

http://investing.businessweek.com/research/stocks/people/people.asp?ticker=BAC

contact info for CEO Bank of America:

brian.t.moynihan@bankofamerica.com

Thanks, I will..

hey anyone with problem with PRL send me an email hazena@aol.com

trying to get as many as i can. thanks

I agree with Jayjay. Keep going up the ladder. I would also go to newspapers and tv stations. These scams have to be exposed. I would keep complaining until my last breath or until someone listens.

I can't give legal advice. I am in Michigan and was leery. I rejected the offer of timeshare and bought In directly with the rci credit card. I got my first nonpayment notice today. I will write a letter explaining why I won't pay anymore. After that I will notify the credit reporting agencies as well. I will have lost $120 because it was 6 months ago. I can't dispute the charges. Stupid.

jayjay wrote:

tinak117 wrote:

We attempted a credit from the credit card company as "fraudulent transaction" with no luck. Bank of America (BOA) wasn't willing to call it fraud because my parents had actually signed the paperwork (they were tricked into it). What credit card company did you have? Would you be willing to call me and give me some pointers so I can try to get my parents' money back?

I would go to the ends of the earth to see that this problem was taken care of by BOA .... there would be NO stopping me even if I had to complain to the CEO and the BOD of BOA if need be for the rest of my life .... those two PRL scammers need to be caught and arrested for their fraudulent behavior.

Below is the info for the CEO and BOD of BOA (copy and paste url):

http://investing.businessweek.com/research/stocks/people/people.asp?ticker=BAC

BJ, as usual you use a lot of words to make a good point, however, you failed to return numerous phone calls that I made to you. When I finally reached you late one Thursday night, you said you were traveling the next day and would get back to me on Saturday morning. Of course, you never did and nothing you ever said turned out to be true or accurate...Very similar to the salespeople who said they were representing RCI. Of course, now that PRL is dissolved, one would expect some type of notification to let your clients know that they will not be paid. Not exactly how a reputable company operates. Looking forward to hearing from you!

brandonj19 wrote:

Okay enough is enough. This is the blind leading the blind. Tina, I have no idea who your grandparents are but I'm sure they weren't into the program long enough to get the benefits. I am a corporate manager with PRL and the payouts have a 6-9 month payout depending on what time of the year you are depositing, how long deed closing is, and when weeks are available. It anyone would like a copy of payout chart, please request it at info@pointrentalliquidators.com. PRL is not affiliated with RCI. Sunset Harbor is an RCI affiliated resort and clients who buy timeshares there receive a free year of RCI. Many salesman pitch using VSI Vacation Services International along with it. VSI has 367 different timeshare networks that it deals with for inventory. The availability is night and day. Contractually, RCI only has to release 1/3 of the units that get deposited into them. Their availability has gotten much worse as the years have passed. You show me a person that has been a timeshare owner for 20 years and doesn't say exchange has gotten harder and I will show you either the luckiest timeshare owner in the world or a lier. VSI is like mixing many exchange networks and a club together. It deals in points and is a universal points network. Big selling point is they don't charge exchange fees. They do charge them on their normal program but with top program we use,there are no exchange fees or guest fees. PRL is a company that puts a point value on different weeks and pays out cash based on values. They are two separate companies. VRBO is a network that anyone has access too and sometimes we use them to fill client reservations by negotiating with property owners to trade one of their weeks for a desired timeshare week. Their name isn't being misused in anyway. This is like the client that called ARDA saying that we were using their name. If you read the arda letter it is buyer beware for using their name. They are a timeshare development company that is always doing fundraisers to pay their executives. That has nothing to do with PRL or VSI. They were careful in that letter to make us sound bad but without saying they actually know jack squat.  No timeshare owner that has ever bought any of these entities listed above has gotten anything about ARDA in their paperwork. This was one confused client. All of this talk about AGs and whatnot is directed the wrong direction. If anything it should be me contacting red week or an AG for slander. You people don't understand the program, what is sold, how the affiliations work, or what the incentives are. You are simply comparing this to what you know and you don't know this set up.  JAYJAY, this forum about my program is now 5 pages long. You have made half the posts. You are very knowledgable and I looked you up and then found your name for tugs and checked you out there too. THOUSANDS OF POSTS. Not everyone is a very big fan of you but I don't mind you. Every body has different hobbies. I for example like to golf. You seem to enjoy posting on timeshare forums 97 times a day. Has the cable been turned off or is something you just really enjoy? Because of your apparent interest in this program I would be happy to explain it to you. At that point if you would like to pick it apart and rip on it that's fine. However, as far as we're concerned I don't think it's fair to try to lead the timeshare crowd down your knowledgable path when in this case for once you are uneducated in this set up. bjcooke61341@yahoo.com is a good way to start contact with me if you'd like to talk. I'll give you the same offer as Susan. If you want to try it for a year at no cost to see what you think that's on the table. Our clients do enough volume to offset maintenance fees and they love it. Your call. However, if you don't at least let me try to explain this to you and don't quit commenting on this thread adding fuel to a fire that shouldn't even be a spark I will be bummed out.  Susan, I called on Saturday and you said you were leaving on vacation and would be back on Monday. I thought you meant next Monday. I was driving and writing and must have misunderstood. You made a good point as to why would I call you on Saturday to then just not call. I will call tomorrow to get you up to speed.  Tina, I have no idea who you are or how anyone "scammed" your parents. Its obviously a misunderstanding. You mentioned something about them being older and in assisted living and that there is communication problems with your parents yet this is where you are getting all of your information? Example, no client in the history of Sunset Harbor has done a credit card app over the phone. Do you think BofA or any major CC would allow that? Sunset harbor offers the same thing as thousands of other RCI affiliated resorts and that is the RCI credit card. People interested can apply for the card and use for the purchase. It is a very detailed app that has a picture of a CC on the form. We don't rush through paperwork. Tina, if there is anything I can do to help wherever this process is with your parents let me know. Email me at the address above. I can look at account and see what is going on. With all do respect, 80% of what your saying was done or said is inaccurate and anyone that has been to the presentation knows that and doesn't comment. The only people that feed into what you are posting are the ones that have no idea of how any of this stuff works. Seriously, lets get you all the way handled so you can go on with your life and quit posting inaccurate statements.  The only client I see on this forum that is in the program and hasn't gotten paid is DonaldC. I don't know if it is the same guy but there is a Donald C L**** that has a payout processed for Friday and I bet he'll redeem his post. there are notes on that account he was confused of purchase date.  Recap sunset harbor-RCI point Property Vsi- non Rci affiliated travel network PRL- points liquidator Company not a part of RCI

enhanced program, if you don't want it because you love your current timeshare situation, then don't do it. 

I typed this on my iPhone so please forgive me for any misspellings, missed punctuation, or poor grammar. 

-BJ Cooke

Many problems with PRL. Bought into the program in August 2011. Have never received a penny! Any idea if there is a legal remedy to this?

hazena wrote:

Thanks, I will..

hey anyone with problem with PRL send me an email hazena@aol.com

trying to get as many as i can. thanks

If this is bj that wrote this, it sounded very good however he missed the whole point and would not even comment on it. That is, PRL has closed without notice to anyone or reason. So far there is no one to question what is going to be done. He never commented on the point that everyone had the same complaints with PRL and the scam man - no return phone calls- no return emails- questions not answered but he will claim he answers all calls and emails. We were sold property with the idea we could sell our points and now that will not happen and per RCI I was told it was not legal to sell points for a profit. This boy lies to himself. Can you say JAIL time??

BJ Cooke

You mentioned that those of us who have attended a sales presentation are not commenting on this thread, I beg to differ with you. I attended a sales reprentation on Oct. 23rd, 2012, in Carson City. The sales team was Todd Miller and John McClay with R & R Venture Group. This team was in Carson City and Reno for a period of two weeks. They flew out on Friday Nov. 2nd.

I have the copies of everything they wrote down about how this program was to work and how many points my current timeshare would convert to, along with how many points the timeshare with Vacation Villas was going to be worth. To sweeten the deal they were going to give us 120,000 extra bonus points.

I wasn't keen on having to purchase a "dog" timeshare for $9,987.00 to get 32,500 points. I didn't pay that much for my Gold Crown two bedroom lockup four years ago. I also wasn't keen on having to pay maintenence fees on this "dog" timeshare that wasn't rated at all and from the picture in the RCI book, wasn't at all appealing.

What I was interested in was the ability to sell these points for cash to pay for my maintenence fees and or use that money to pay for other travel expenses ect.

We didn't have a credit card on us to purchase....because the phone call we received to entice us to attend this meeting was misleading. We were told it was RCI contacting us to tell us about some changes. Since we didn't have a credit card on us....Todd Miller offered to try and get us qualified for a RCI credit card. We agreed to try this option, so they entered a credit application on their computer and they told us we we qualified...however....RCI credit card didn't give them a card number.

Todd and John went through the contract quickly with us and we signed some of the forms.....lucky for us not all the forms were filled out properly or signed by us to make this purchase complete. We really didn't know this at the time it wasn't really complete, it was late, everyone wanted to leave.

We get a call from Todd Miller a couple of days later stating that we needed to meet again to finalize the contract. That gave us time to do some research and really mull over the contract. They had failed to put any information on the credit card payment authorization form, no purchase amount, no credit card information at all....however.... they had by husband sign and date the form agreeing to charge the following amount....again...lucky for us...no amount was listed.

As far as Tina stating that her parents agreed to one amount and a much higher amount was charged to the card, could very well have had happened to them. If they signed the credit card Authorization form without it completely being filled out properly, but the credit card information was written in there, I have no doubt the sales person wrote in an amount to save the deal. I would not have put it past these two salesman we dealt with. The question for Tina; does your parents have a copy of the Credit Card Authorization form they signed with the amount written in. If theirs is blank, like ours was....they have something to argue about with the credit card company.

We received our credit card in the mail, and decided not to activiate it and we cancelled it immediately.

In our sales presentation they stated that we would purchase this on our own credit, then within two weeks, we would transfer the balance to their lender, "Chase Discover Citibank" at no interest for 12-18 months, only paying $99.00 per month for six months. Then by selling 150,000 points (we could do this only one time), we would get a check for $12,750 from PRL for those points we sold. We then would use that money to pay off the balance due to Citibank and have money left over to pay our maintenence fees for both timeshares and still have money left over to use for whatever we wanted. In essence, it wouldn't cost us anything to get into this program....if it worked the way it was verbally explained to us in the sales presentation.

That sounded really cool and I liked the idea of VSI, however, I got to thinking....why would they give me 120,000 bonus, just to buy 150,000 points and write me a check for 12,750 in six months. That didn't make any business sense to me at all. Also...the whole idea of having us put this purchase on a credit card then they would have us transfer the balance to a different lender at no interest....made no sense to me either. Once we had signed on the purchase agreement and they had our credit card information, we've bought this timeshare and these sales people will be long gone spending their commission.

I also didn't like that in the contract it is written and I quote; " Oral representations cannot be relied upon as correctly stating the representations of the seller." So a sales person can promise the world, mislead, do whatever they can to seal the deal and walk away with the money. When you read the so called contract, there are many things left out that were promised verbally in the sales presentation, both for PRL and VSI. You can see just from the PRL website, the information verbally stated in the sales presentation didn't match to either the information out on the web or on the contract.

My question to you BJ Cooke, since you are a salesman of this program and also a corporate officer in PRL: What happened to all those people's money that recently purchased into this program within the last two weeks of October, since on November 8th, PRL was disolved? R & R Venture group signed up many elderly couples and took their money just two weeks before this company was disolved. Obviously, the money went into their pockets as commission, the timeshare resort got their cut for their selling a timeshare on their behalf, and PRL got the rest. All those people should get their money back, however, they won't get it back. The sad sicking part is, these people won't even know any of this happened with PRL until six months down the road, when they don't get any pay outs for their points. Why is PRL disolving....um...let me take a guess.... not enough money coming in to cover the checks to people who wish to sell their points. The money that is coming in goes to commissions, salaries of the office staff, rent for office space, and supplies. Now all these sales people are going around promising everyone like us...they can sell these points and get checks....well it doesn't take a rocket scientist to figure out...all these people are requesting checks for points instead of trading out for vacations. So...you have a run on the PRL bank and there is no way to keep up with the payout demands...so you fold and disolve the company. All these people who purchased an extra timeshare that they didn't want or need, are stuck paying for it and the maintence fees that go along with it.

You can say all you want about how we don't understand how PRL works....believe me....we understand it very well and it disgusts me to know end!!

Most people don't find out or use these types of forums like Red Week, until they have a reason to. As far as Jay Jay is concerned...he has every right to voice his opinion as many times as he chooses. If you don't like what he has to write, quit reading it!

ellenw94 wrote:

I also didn't like that in the contract it is written and I quote; "Oral representations cannot be relied upon as correctly stating the representations of the seller." So a sales person can promise the world, mislead, do whatever they can to seal the deal and walk away with the money. When you read the so called contract, there are many things left out that were promised verbally in the sales presentation, both for PRL and VSI. You can see just from the PRL website, the information verbally stated in the sales presentation didn't match to either the information out on the web or on the contract.

Most people don't find out or use these types of forums like Red Week, until they have a reason to. As far as Jay Jay is concerned...he has every right to voice his opinion as many times as he chooses. If you don't like what he has to write, quit reading it!

I seriously doubt BJ returns to Redweek's forums to read all the negative posts .... I would imagine BJ is running from the law.

The first paragraph in your post above is indeed correct .... what a salesperson tells you verbally will not hold up in a court of law .... only what's in the written contract. That's why everybody should read any contract backwards and forwards and in and out before signing on the dotted line .... I do realize that can be difficult due to time restraints, many pages of incomprehensible legalese and being worn down by a salesperson. That's how many developer timeshares are sold .... wearing down a prospective client (buyer).

Kudos to you for realizing that his scheme made no sense .... you did not activate the credit card and closed the account.

BTW, jayjay is a she :o) !!!!