You Be Feedback

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Just trying to get a straight answer to a simple question. Here are our deposits. What would it take and how much will it cost to use these to get an exchange in January, 2013?

Relation #: 00115 Individual Deposit Jul-2009 to
Jul-2012 [107,385] 19
Available to exchange

Relation #: 00111 Deposit Credit Mar-2010 to Mar-2013 [72,598] 8

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

i'm newish to RCI, but if you Combine the end date moves to 2yrs from when you combined...Right?

so it'll cost you $99...But combined you only have 27 TPU's, i wouldn't hope for anything great with 27TPU's

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

"You now have several options for your Deposit Credits 2 (expiring
3/31/2012) and 8 (expiring 3/31/2013). You may use the Deposit Credit
for travel beginning on or before the expiration date, extend the
Deposit Credit, combine it with your existing Deposit Trading Power, or
let it expire on 03/31/2012 and 03/31/2013, respectively.

Combining your Deposit Credit:
If your individual deposit does not have enough Deposit Trading Power to
confirm into your desired area or resort, you may be able to combine it
with Deposit Credits or another current or future deposit which will
provide you more combined Deposit Trading Power. This may, in turn,
allow you to get the vacation you are looking for. You can combine as
many deposits and/or Deposit Credits as you like within each
transaction. Please keep in mind that each transaction will incur a $99
transaction fee. The newly combined deposit will be available to
exchange for up to two years from the date the deposits are combined."
- - - - - -

Does anyone understand this the same way I do . . . that by combining the individual deposit that expires in July, 2012 with either or both of the deposit credits, I can extend the individual deposit for two years from the date they are combined. That's what it says. So, by combining in July, 2012, I can extend it to July, 2014?????

& for similar or same money to extend the individual deposit for 6 months???!!!

Wow! That's so not like RCI.

[catwgirl Contributor - Bronze Find all posts View Profile Close catwgirl]

Yes, that's how I read it. Then you will get some credits as change, then pay to combine again. It's a win-win, especially for RCI.

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

Wow! That's so not like RCI.

This is twice you've been wrong about RCI....maybe you need to rethink your position on them?

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

It is very like RCI. It used to be we had trading within a range or band, which cost us nothing extra. Now it is necessary to combine deposits, which not only makes RCI more money, but it also costs the member more than one m/f for something he used to get with a trade that only involved one m/f.

Then there are RCI rentals of exchange deposits to the general public. If there is one thing that kicks members in the teeth more than any other, that is it.

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

Then there are RCI rentals of exchange deposits to the general public. If there is one thing that kicks members in the teeth more than any other, that is it.

What would you want RCI to do with Deposits that don't get used?

[joycapecod Silver Contributor Find all posts View Profile Close joycapecod]

What would you want RCI to do with Deposits that don't get used?

Ride, what Carolinian is refering to is that RCI has been known to rent prime time deposits to the public. That was one of the issues that lead to the class action suit that I think happened well before your time. RCI responded to the verdict in part by transparency of deposit value (the current TPU) and by supposedly allowing every deposit to be in the exchange system for a certain length of time BEFORE moving to the rental pool.

It is the contention of many on this board that, yes, RCI does need to rent deposits, but not so far in advance as to dilute the exchange pool. When one (meaning non members) can rent, for instance, a 2 bedroom unit on Myrtle Beach during July or August that was a paying member's deposit well in advance of check in, that unit has been pulled from the exchange pool. Now, maybe that would be the perfect vacation for you and your daughter, but you will never see that deposit to exchange to. RCI was found guilty of misdirecting member deposits to the rental pool without even giving a paying member the opportunity to see that deposit.

Now, I was not in the courtroom, nor was I privy to the full disclousure, but from what I have read this is my take on the rental issues.

I am certain someone will come along and correct any errors I have made or put a better explaination here.

Joy

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

Ahh, so its a time frame issue? If you were RCI, what do you think would be a good time to pull deposits out of the Exchange pool and putting into the Rental pool

Its a hard thing to figure out...at what point do you just say "you know what, the exchangers just don't want this"

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

What I was referring to as being unlike RCI is being able to extend a deposit for two years (if you are combining deposits) for the same $$ as extending a deposit itself for 6 months.

In our case, it appears we can extend 27 Weeks Points for 2 years for the same money as we can extend 19 Weeks Points for 6 months.

(Since it is our last planned deposit, why not doodie it up a bit?)

[joycapecod Silver Contributor Find all posts View Profile Close joycapecod]

What I was referring to as being unlike RCI is being able to extend a deposit for two years (if you are combining deposits) for the same $$ as extending a deposit itself for 6 months.

In our case, it appears we can extend 27 Weeks Points for 2 years for the same money as we can extend 19 Weeks Points for 6 months.

(Since it is our last planned deposit, why not doodie it up a bit?)

In answer to your question, yes, you can extend the points for two years by combining. I have done this, and the cost is $99. I had some odd points left from various exchanges (5 from one, 12 from another) and some weeks that was expiring the middle of 2012. I combine the odd units and the 2012 expiring weeks and all is now good through July 31, 2013.

You can continue to combine f"orever" according to the RCI guide that assisted me.

Joy

[joycapecod Silver Contributor Find all posts View Profile Close joycapecod]

Ahh, so its a time frame issue? If you were RCI, what do you think would be a good time to pull deposits out of the Exchange pool and putting into the Rental pool

Its a hard thing to figure out...at what point do you just say "you know what, the exchangers just don't want this"

Ride, I wish I had an answer for this. I believe what really ticked paying members off was that prime deposits were never hitting the exchange pool, they were going directly to rental.

My personal feeling is 90 days before check in, but others will say that even that is too far in advance.

Joy

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

If anyone wants to get a clarification on the timeframe that RCI is legally obligated to place new deposits in the Exchange pool, I have saved a copy of the Settlement Agreement.

It depends on how far out they are deposited. Some have to go to the Exchange Pool only first, and some can go to both the Exchange and Rental pools when they are deposited.

Of course, the settlement is only for a short time, as the Court decided that if RCI does not permanently clean up their act, and play fair, another class could be allowed to do it all over again.

Disclosure is intended so that all could see if fairness is being done, and based on observations from the very first day of Disclosure until now, it would seem that a new class would be or could be allowed.

BTW, it's difficult to get a copy of the Settlement Agreement.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

For those new to RCI, unfamiliar with RCI-speak, or do not appreciate non-answer, ambiguous answers, I submit this:

Me asking for clarification:

Original Message Follows: ------------------------

Here's our deposits:


Deposit Credit
Mar-2009 to
Mar-2012
[6]
2
Available to Exchange

Relation #: 00115 Unit: n/a Interval: n/a Max Occ/Priv: n/a
Start Date: n/a
Individual Deposit
Jul-2009 to
Jul-2012
[106,631]
19
Available to Exchange

Relation #: 00111 Unit: 308 Interval: 30 Max Occ/Priv: 4 / 2
Start Date: Jul-2010
Deposit Credit
Mar-2010 to
Mar-2013
[73,874]
8
Available to Exchange


Just to make sure I understand you, we can combine any or all of the
deposits in one transaction for $99.

If we do that in March, 2012, we would have 29 TPUs to use until March,
2014. Right?

Or, if we let the 2 expire, and then we combine the 19 and the 8 in
July, 2012, we would have 27 TPUs to use until July, 2014. Right?

Thanks,

Me

Their answer:

Hello,

Thank you for your e-mail.

Members can combine as many Deposits and/or Deposit Credits as they wish
within each transaction. Please keep in mind that each transaction will
incur a transaction fee.

Thank you for your interest in RCI.

Kind regards,

Customer Communications Specialist
RCI North America

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

That was a pretty clear response! I don't get what your implying

JLB, your first language is English right?