- 100% Money Back Guarantee
- Not Rated
- Free Consultation
- Cost Varies
Wesley Financial Group
There are several reasons why timeshare owners want to get rid of their timeshares. Multiple sales reps and Resorts have made too many broken promises. It’s only fitting that the owners that trusted these people should be able to cancel legally.
Wesley Financial Group, one of the largest timeshare exit companies in the industry, says they can help with this. With over 300 employees, the company is located in Nashville, Tennessee, and has been in business since 2012.
- 100% Money Back Guarantee
- Not Rated
- Free Consultation
- Cost Varies
Wesley Financial Group says they can help you eliminate your timeshare mortgage and maintenance fees. In a recent article, Wesley Financial Group increased the number of timeshare cancellations they process. Wesley has assisted more than 20,000 timeshare owners with their timeshare issues. But they have also accumulated several negative reviews and complaints from those very timeshare owners.
Since our team at MyTER provides transparent reviews, Wesley Financial Group has been suspended before by the Better Business Bureau (BBB). For this reason, there are certain things every timeshare owner should be aware of before signing a contract with them or any exit company. Initiate a Live Chat or fill out the form on the right to protect yourself from timeshare exit scams.
Who is Wesley Financial Group?
Wesley Financial Group depicts itself as a forerunner in the timeshare exit cancellation industry. According to Fortune.com., the data Wesley provided on March 31, 2020, says they have about 348 employees, with offices in Las Vegas, NV, and the Nashville, TN area.
Founded in 2011, the business only offers timeshare exit services. Their primary focus is to assist unsatisfied timeshare owners get rid of their timeshares once and for all.
Wesley Financial Group pledges to guarantee that it will get its customers out of their timeshare obligations. They offer a 100% Money-Back Guarantee but do not offer an escrow payment option.
Wesley Financial Group Reviews
Wesley Financial Group reviews are mixed due to their past suspension.
Who Qualifies to Work with Wesley Financial Group?
- They specialize in timeshare owners who felt misled or pressured during a sales presentation.
- They also accept owners who have debt and can no longer make their payments.
- WFG selects timeshare owners with one of the 300 timeshare resorts they can work with.
What Disqualifies you from Working with Wesley Financial Group?
- Cannot take on timeshares that were purchased through a resale market.
- Do not take on travel clubs. Strictly timeshares.
- Timeshares inherited from a family member or friend do not qualify as well.
Wesley Financial Group’s Website
Wesley Financial Group’s website has a sleek design, and one thing that stands out the most is its emphasis on its CEO. According to them, the CEO went against Wyndham in a lawsuit. If you did not know, Wyndham is a large timeshare company.
After some more research, we uncovered their CEO, Chuck McDowell, won the lawsuit because he was not disclosing any trade secrets; you can read more about the lawsuit here. The website continually states how Chuck fights for the consumer, and having the backing of a company’s CEO is a very positive sign.
Wesley Financial Group Video Testimonials
Another thing that stands out is video testimonials and Wesley Financial Group reviews. In these video testimonials, the CEO is portrayed with two happy clients, and they also have a dedicated page for Trustpilot ratings and reviews. If a company can back up its work with reviews and positive ratings and is willing to portray them all over its website, it represents its legitimacy.
Offers a Tools Page and Additional Content
The company has a “Tools” page that helps timeshare owners understand the inflating maintenance fee costs.
Providing tools can portray how your timeshare will affect you in the long run. Visualizing how much money you are spending on a timeshare can be eye-opening. Wesley Financial Group does not have a “FAQ” page. We would have liked it if Wesley Financial Group had a page dedicated to common questions a timeshare owner may have; this could be beneficial for someone who does not know how exiting a timeshare works.
Various Wesley Financial Group reviews have stated the company offers and honors its 100% money-back guarantee. As we mentioned on our escrow page, a money-back guarantee can be far cheaper than an escrow option.
We advise you to get everything in writing when signing a contract with any timeshare exit company to avoid any problems later on. We could not determine if Wesley Financial Group uses attorneys. After reading multiple reviews, we have concluded the company sends out letters to timeshare companies demanding your contract’s cancellation.
This method can be beneficial, but we always recommend using attorneys, it gives you an extra layer of protection, and you are legally protected. Would you trust an attorney or someone’s word on who can successfully cancel your timeshare? We’ll let you be the judge of that.
How Does Wesley Financial Group Work?
To cancel your timeshare contract, the processing time is typically around 6-18 months for Wesley Financial Group. It also varies depending on your timeshare developer.
When an interested timeshare owner fills out the WFG free consultation form, the process begins. The form contains sections where you can fill out your contact information. Underneath these lines, it also asks you to write down your timeshare developer and where they are found.
Step 2 involves the account review with an assigned Account Director. A representative from their staff will reach out to the owner to help determine if Wesley Financial Group is the right fit for them. WFG says they don’t take on just anyone. In fact, the company says about forty percent of the applicants don’t make it past the consultation stage! But what they don’t mention is if it’s the company or the owner who decides to stop things moving forward.
For the timeshare owners who make it past the Account Review process, the customer’s case is transferred to the company’s Resolution Department. Here one of their “cancellation experts” will work with the client to cancel the timeshare and eliminate any debt.
Wesley Financial Group isn’t very transparent about how their Resolution Department handles things or how their process works; at least online, they aren’t. We know Wesley Financial Group does not offer an escrow payment option but instead has an in-writing 100% Money-Back Guarantee.
There are many scams in the timeshare exit industry, and many timeshare owners have fallen victim to one. And for that reason, we continuously emphasize getting everything in writing. Protect yourself from all angles. If you’re considering WFG, we recommend you continue reading our detailed Wesley Financial Group review. Or Initiate a Live Chat and fill out the free form on the right to determine if Wesley Financial Group is the right exit company for you.
Wesley Financial Group Cancellation Qualifiers
Wesley Financial Group does not accept every case as we briefly mentioned above. The company only chooses to work against timeshare developers that they are able to cancel. This is a good thing, you do not want a company to just accept everything. Being selective is a positive sign.
Many owners are not aware that if timeshare is inherited the company will not accept your case. The reason for this is because you were not present, you did not face the misrepresentations or high pressured sales tactics. In this situation, the exit company can not help you. There are ways around this.
In certain situations, you will be able to cancel the timeshare on your own. Certain resorts offer a program where they will take your timeshare back. Reach out to us to learn which resorts offer this program and if it applies to your case.
Wesley Financial Group Fees
As multiple reviews have stated, Wesley Financial Group fees vary. Wesley’s few factors in determining the price are if your timeshare contract is paid off or if you still owe a mortgage.
If your timeshare has a mortgage, the cost will be higher than paid off. After reading through countless reviews, the average price is anywhere between $4,000-$7,000. The fee amount is relatively moderate in the timeshare exit industry.
Some timeshare exit companies charge $10,000 up-front for a timeshare that is paid in full. We recommend you request a lower price when you receive the original quote regarding Wesley Financial Group fees. Always haggle the price with any timeshare exit company because timeshare exit companies want your business. Negotiating the amount can only benefit you, especially since past reviews reveal that the company charges a tremendous amount of up-front fees.
Wesley Financial Group Ratings
Update May 2022: Wesley Financial Group has fixed the suspension with the BBB but is still not accredited by the Better Business Bureau. We will update this section when the BBB has fully accredited the company.
Suspension: On 10/01/2019, this company’s BBB Accreditation was suspended due to engaging in activities reflecting poorly on the BBB or its members. The BBB’s Board of Directors will review this matter at its next meeting.
Talking to various BBB representatives, our team is uncertain about when the company will be re-accredited by the Better Business Bureau. We highly suggest you verify their status before signing a contract. We will update this review after the Better Business Bureau accredits the company so you, as a timeshare owner, can have peace of mind when working with WFG.
Still, the company has an “A+” rating on the Wesley Financial Group BBB page. They also have a 4.8/5-star rating with 934 past customer reviews.
Wesley Financial Group also has a 4.6/5-star rating on Google out of 573 reviews.
After carefully analyzing the Trustpilot reviews, we have determined the company has 934 reviews on Trustpilot and a 4.8/5-star rating.
Many of their clients state that “WFG came through and completed the task they had promised.” But unfortunately have 11 reviews on Yelp with a 2/5-star rating. Our team did not come across anything regarding a Wesley Financial Group scam, but their Yelp score was a bit of a concern.
After careful consideration, we have assessed a 3.5/5.0 MTER Rating. Wesley Financial Group does generally have positive reviews on several platforms. But we ideally want our clients to pay no up-front fees because of the vulnerable position it puts timeshares owners in.
Thousands are exhausted from their timeshares feeling more like a financial burden than a vacation destination. And paying to get out can be another burden. If you need an extra layer of protection, try a company that has an escrow payment option.
Wesley Financial Group Lawsuit
January 31, 2022 – “Travel & Leisure, the Orlando-based timeshare company formerly known as Wyndham Destinations, sued Wesley Financial Group, its sister company Wesley Credit Repair and owner Chuck McDowell Thursday in Florida Middle District Court over alleged violations of the Lanham Act. “
Shutts & Bowen accuses Wesley Financial Group of falsely advertising services to timeshare owners that claim to aid in the ‘cancellation’ of existing timeshare contracts. The case is 6:21-cv-02106, Wyndham Vacation Resorts, Inc. et al v. Wesley Financial Group, LLC et al.
In June 2020, Diamond Resorts, a worldwide forerunner in the hospitality and vacation ownership industry, filed a federal lawsuit against Wesley Financial Group, LLC and its founder and CEO, Charles William “Chuck” McDowell, for charges of fraudulent business practices and fake promotions.
As indicated by the lawsuit recorded in the Eastern District of Tennessee, Wesley Financial Group works as a supposed timeshare exit company and charges clueless timeshare owners high up-front fees in return for no genuine services.
Diamond Resorts say Wesley doesn’t help the clients it claims to protect. However, it instead intentionally drives timeshare owners into financial jeopardy and foreclosure.
Bold statements from the vacation giants, but they have been on a suing frenzy with all things considered. As our team read through their “News Releases” page, we noticed they’re suing 5 other large exit companies. Aside from Wesley Financial Group, they’re going after Timeshare Exit Team, Pandora Marketing, Newton Group, Timeshare Freedom Group, and more!
On March 2, 2021, Wesley Financial Group was involved in another lawsuit vs. Westgate Resorts. Westgate attests that Wesley’s guarantees are false and says, “Wesley doesn’t have a lawfully cognizable strategy for achieving what Wesley guarantees.” (M.D. Tenn. March 2, 2021) Wesley looks for excusal of Count III of the Amended Complaint about Injunctive Relief and Damages. This affirms infringement of the Tennessee Consumer Protection Act of 1977.
In a recent episode of the Dave Ramsey Show on May 20, 2021, Dave mentions how Diamond Resorts is even going after lawyers that protect the consumer. Dave says it’s because they’re trying to run their competition out of business!
Whichever side you believe, we recommend you still reach out to us to help you determine the best exit company for you!
FAQs
Who Owns Wesley Financial Group?
- Wesley Financial Group, LLC is owned privately by CEO – Chuck McDowell.
Where is Wesley financial group located?
- Wesley Financial Group is located Franklin, Tenn. But has also has other offices in Nashville, Tenn., and Las Vegas.
How is Wesley Financial Group Rated Online?
- Wesley Financial Group is has a 4.81/5-star rating on the Better Business Bureau site, 4.8/5 stars from 901 reviews on Trustpilot, and 4.6/5 stars from 478 Google reviews.
What Days/Hours are Wesley Financial Group Open?
- Available time are 9:00 AM – 5:00 PM local time. Sometimes they will have specialists that work until 8:00 PM, however.
What is the Contact Information for Wesley Financial Group?
- Address: 9009 Carothers Parkway, Suite B337067, Franklin, TN 37067
Final Thoughts
Wesley Financial Group reviews are mixed on multiple platforms. Overall, they are a legitimate timeshare exit company. Due to the recent suspension, we suggest you reach out to us first before working with WFG.
We can say that Wesley Financial Group has numerous positive reviews on Trustpilot and other sites. We would have liked it if WFG had used attorneys in the cancellation process. We don’t believe in paying up-front fees for services you can perform yourself. If you have a timeshare with a mortgage balance and never-ending maintenance fees, we can help you permanently remove this liability.
Read over our website and fill out the form on the right or contact us through Live Chat for a free personalized consultation. Our team recommends working with trustworthy timeshare exit companies that offer an escrow option, so you pay no up-front fees until your timeshare contract is canceled. There are hundreds of timeshare scams every year; protect yourself from becoming another victim.
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Wesley’s Financial Group llc.
They help get you out by foreclosure. You pay them and you still have to pay the timeshare. They change the team that is working on your account monthly. After your foreclosed on they say that’s it, there is nothing more we can do. They say they told you foreclosure is a way out, but they make you think that’s not likely. It seems to me that’s the company s they say they can help you with because they know it’s going to happen. They are going to get paid and you’ll be fine.
Then they want to hand you over to the credit recovery team, that don’t guarantee anything.
We never took a vacation. We paid the time share over $2400 and we paid Wesley’s over $3000. They did work us a great deal ( sarcasm) of half of what we owed the time share to get it off our credit which would be $3500..
Lesson learned. We could’ve taken our dream Disney vacation the time share promised us.
Don’t call Wesley
Wasting your money if you call Wesley . They are scam artists just like the timeshare company you are trying to get out of. All they will do is sign you up for 24 monthly payments of 500$ a month then you’ll never hear from Wesley again .
Customer, Sandra St George
I have paid you for several months. I received a document from WorldMark by Wyndham telling me my membership would be ended & as of 09/28/2021 it happened. I will not need your services therefore payments will stop.
We are waiting for our results
We talked to a VP at Wesley Financial Group and are still waiting to hear back from them..
