Newton Group Transfers
Newton Group Transfers is a timeshare exit company in Grand Rapids, Michigan. They have been in the timeshare industry for over 17 years.
They promise to help you escape the burden, but are they trustworthy? In this review, we’ll discuss what Newton Group Transfers offers, the costs involved, and everything else you need to know.
After reading this article, you can decide whether or not they’re the right choice for you. Spoiler alert: There are some things you need to be careful of.
Is Newton Group Transfers Legit?
They have been in business since 2003, with a track record of helping people exit their timeshare contracts. They were initially offering software and sales support services before transitioning into timeshare exits.
But, One thing you should know is that they do not offer escrow services. Escrow service makes sure you only pay after successfully getting out of your contract. Without it, you’re left vulnerable to potential scams or, at the very least, disappointment with the service.
Newton Group Transfers Services
Newton Group Transfers offers two main timeshare exit services: the Timeshare Attorney Exit and the Timeshare Transfer Exit.
Timeshare Attorney Exit: This service involves hiring an attorney to help you cancel your timeshare contract. It’s more expensive but offers a higher level of protection.
Timeshare Transfer Exit: This is an affordable option but comes with its own risks. For this option to work, you need to meet specific requirements, like showing proof of ownership and paying upfront fees. Paying upfront fees, honestly, is a bit risky.
Both services claim to get you out of your timeshare burden, but, neither service offers escrow. And timeshare transfer exit demands upfront fees.
That means you’re asked to trust them with your money before they’ve done the job. And let’s be honest, paying any company upfront in this industry can feel like a gamble.
Newton Group Transfers Cost
One of the big questions on your mind is probably, “How much is this going to cost me?” The cost of using Newton Group Transfers varies depending on your timeshare situation.
They usually provide you with a quote after discussing your particular case. From what we’ve gathered, the fees range from $3,000 to $10,000.
While this might seem like a standard rate in the timeshare exit industry, there have been complaints.
Some clients reported being quoted a lower fee initially, only to find out that they were charged more later. This is something you need to keep in mind before signing any contracts.
Newton Group Transfers Cancellation Policy
Newton Group Transfers offers to connect you with an exit professional and a lawyer who will guide you through the entire process.
The company doesn’t offer a clear cancellation policy for its services, which can leave you with doubts if things don’t go as planned.
When you’re dealing with something as critical and stressful as canceling a timeshare, having a clear, customer-friendly cancellation policy is a need. Unfortunately, Newton Group Transfers doesn’t seem to provide that transparency.
What is Escrow and Why is it Important?
Escrow is a game-changer in the timeshare exit industry. With escrow, your payment is held by a third party and you only pay when the exit company successfully cancels your timeshare contract. This adds a layer of security for both you and the exit company.
Newton Group Transfers does not offer escrow services, which should raise some doubts. Why? Because without escrow, you’re handing over your money with no guarantee that the job will be done.
Even if a company offers a 100% money-back guarantee, it’s still not as secure as using escrow. Why take the risk when there are better options available?
Newton Group Transfers Lawsuits
In September 2020, Diamond Resorts filed a lawsuit against Newton Group and DC Capital Law Firm, LLP, alleging false advertising and fraudulent business practices. The case involved a couple, Paul and Diane Reeves, who were misled by Newton Group’s claims of a “safe and legal” process to exit their timeshare contract with Diamond Resorts. The couple paid over $6,000 in upfront fees, based on promises of a quick and guaranteed exit, which never materialized.
Instead, the Newton Group and DC Capital advised the couple to stop communicating with Diamond Resorts and cease making payments on their timeshare, leading to default and foreclosure. The couple only discovered the truth when they received an IRS tax form highlighting potential tax liability. By then, their credit was damaged, and they had not successfully exited their timeshare as promised.
Despite a 100% money-back guarantee, Newton Group did not refund the Reeves’ money. Diamond Resorts has taken on the couple’s claims against Newton Group, highlighting the company’s deceptive practices. This lawsuit is one of several that Newton Group has faced, raising serious concerns about its business practices.
Newton Group Transfers Reviews
Newton Group Transfers reviews are overall mixed. Some customers have said that the process was quick and easy while others have complained that they received poor customer service throughout the process.
The reviews that we saw were mostly positive so we can’t say for sure whether you’re in good hands or bad ones by working with this company.
With that said, we also recommend contacting us with any questions or concerns you may have before getting started with Newton Group Transfers, or any timeshare exit company.
nEWTON gROUP TRANSFER BBB
The reviews for Newton group transfers are unclear. They offer both positive and negative feedback. While some customers have had pleasant experiences, others have expressed disappointment that highlight major issues.
Newton Group Transfers has an A rating with the Better Business Bureau (BBB). This looks good, but it’s important to consider the reviews.
While the BBB rating is a positive sign, there have been 33 complaints filed against the company in the last three years, with 19 of those complaints closed in the last 12 months.
Most of these complaints seem to revolve around issues related to communication, unexpected fees, and disappointment with the service.
While an A rating is reassuring, the number of complaints indicates that not everyone walks away happy.
Newton Group transfer Google Review
Google reviews are trusted because they are authentic. They come straight from real users who have used the service.
These reviews offer a clear look into what others have experienced. It helps you make better decisions.
Newton Group Transfers has a 4.3-star rating from 125 Google reviews. While some customers have had positive experiences, some reviews point out concerns you should consider.
One review claims that Newton Group scammed them out of over $8,500 and even involved a problematic law firm called DC Law. The reviewer strongly advises against buying a timeshare or working with Newton Group.
Despite any response from Newton Group, the reviewer insists that their negative experience is valid, they also labeled timeshares as nightmares.
Newton Group transfer Trustpilot Review
Trustpilot is a platform where the audience openly shares their experiences with businesses. The reviews make it an important resource for anyone considering a service.
On Trustpilot, Newton Group Transfers holds a 4.3-star rating out of 5, based on 670 reviews. The majority of these reviews are positive, which suggests that many customers have had a good experience with the company.
However, there are negative reviews where some customers have expressed concerns about the high costs and lack of upfront transparency.
Positive reviews are great, but when you’re dealing with something as complicated as a timeshare exit, even a few negative reviews can be enough to make you second-guess your decision.
Newton Group transfer Pros vs. Cons
Pros:
- Established Reputation: Newton Group Transfers has been in the industry for over 17 years.
- Variety of Services: They offer two different exit options, allowing you to choose what might work best for you.
Cons:
- No Escrow Services: Just like many timeshare exit companies, Newton Group Transfers doesn’t offer escrow. This means you’re entirely responsible for the financial risk until you’re out of your contract.
- Hidden Costs: There have been reports of unexpected fees. That can eventually keep increasing the final cost.
- BBB Complaints: The number of complaints with the BBB is about communication and unexpected charges. Which develops doubts about Newton Group Transfers.
- Upfront Fees: The need to pay upfront, especially without escrow, is a major risk in an industry that has a history of scams
Frequently Asked Questions
How much does Newton Group Transfers cost?
The cost varies depending on your timeshare situation, ranging from $3,000 to $10,000.
Does Newton Group Transfers offer escrow services?
No, Newton Group Transfers does not offer escrow services, which means you have to pay upfront without any guarantee.
What are the cancellation options with Newton Group Transfers?
They offer two main options: Timeshare Attorney Exit and Timeshare Transfer Exit.
Is Newton Group Transfers accredited by the BBB?
Yes, they have an A rating with the BBB, but there have been 33 complaints filed in the last three years.
Should I trust Newton Group Transfers with my timeshare exit?
While they are a legitimate company, the lack of escrow services and reports of unexpected charges make them a risky choice.
Final Thoughts
At the end of the day, Newton Group Transfers offers legitimate services to help you get out of your timeshare contract. But with that said, there are some significant warnings that you can’t ignore. The absence of escrow services, reports of unexpected charges, and a mixed bag of customer reviews all point to one thing: you should proceed carefully.
In the world of timeshare exits, it’s important to protect yourself. And the best way to do that is by choosing a company that offers escrow services. Escrow is your best defense against scams, ensuring that you only pay once you’re out of your timeshare contract.
If you’re considering Newton Group Transfers, ask yourself: are you willing to take the risk? Or would you rather go with a company that offers more security?
Contact us to connect with trusted companies that offer escrow. And get out of your timeshare without any hassle.
Fraudster who moved to Destin, Florida
Newton Group failed us!
Newton group was hired to resolve our timeshare which required us to pay $8,000 for lawyers at DC Capital to assist in this situation. We have now been notified that our timeshare has shown up on our credit report as a repossession! They are trying to say we quit paying prior to Newton Group taking over but we were told not to pay anymore payments, so we didn’t. Never were we notified that our timeshare had been turned over to collections. I am very disappointed with this company and would not recommend them to anyone!
Timeshare exit?
I contracted three years ago with the Newton Group to relieve me of my timeshare. It’s still not gone.
Fraudster who moved to Destin, Florida
Newton Group failed us!
Newton group was hired to resolve our timeshare which required us to pay $8,000 for lawyers at DC Capital to assist in this situation. We have now been notified that our timeshare has shown up on our credit report as a repossession! They are trying to say we quit paying prior to Newton Group taking over but we were told not to pay anymore payments, so we didn’t. Never were we notified that our timeshare had been turned over to collections. I am very disappointed with this company and would not recommend them to anyone!
Timeshare exit?
I contracted three years ago with the Newton Group to relieve me of my timeshare. It’s still not gone.
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