TSToday Email regarding RCI settlement

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

Dear TSTODAY,

If a member cannot request a trade one year before the check in date of a deposited week and RCI allows the week to be deposited two years before check in then the ability to request this week is only available to a small amount of the membership base if the 31 day approach is used.

The best approach would to not make any weeks available for rental unless established data proved that the weeks would not be occupied and then only a percentage of those weeks released to the rental pool and that be done no sooner than 45 days before check in.

RCI used to have an "Instant Exchange" which allowed a member to access late deposited weeks, cancellations, excess week inventory from resorts and late week deposits by resorts.

This was explained in RCI materials as the ability of a member to exchange into a larger size unit and/or higher trading value week (then the lesser week being traded) into whatever was available within 45 days of check in.

This information disappeared from RCI materials a few years back.

The current directory does not include the Red, White and Blue weeks rating we have used for over thirty years with no explanation as to why or how it affects us.

This late exchange is still available through RCI's competitor Interval International and is called Flexchange and can be accessed within 60 days before check in.

RCI has virtually eliminated last minute availability. You used to be able to book last minute opportunities on line within two days. Now you have to go four days away from the day you are searching using the RCI website.

Interval International has last minute cancellations available up until the day of check in using their on line website.

I have watched the last minute "Instant Exchange" inventory to become virtually non existent in the last three years yet I find RCI inventory used by many on line associates/vendors of the RCI GROUP including a premium used in the industry called "Suite Weeks".

Email your comments to staff@tstoday.com. Subject: Priority of Exchanges.

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

I misunderstood that I believed I was going to be looking at an emal from TST regarding the settlement, in light of the fact that TST was here and discussed their opposition to it.

Regarding the complaints mentioned, I don't see anything new, not that hasn't been batted around for the last six or 7 years, whenever RCI became a rental company too.

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

Copy of Email from TSTODAY

: : :Your Opinon Counts : : :
Proposed Settlement of the RCI Class Action Lawsuit
Priority of exchanges
The following is one of the proposed changes to RCI's procedures for making early deposited weeks available for rentals.
For a period of two years commencing no later than August 31, 2010, each week deposited more than one year in advance of the starting date of the week shall, for a period of 31 days from the date of deposit, be available exclusively for exchange, and not for any purpose including rentals.
This change means that the 31 day holding period for exchanges is based on the date the week is deposited and not on the start date of the vacation week, and that the proposed change will lapse after two years as opposed to continuing indefinitely. In addition, the proposed settlement does not address members' concerns as to whether RCI should, in any instance, rent deposited weeks.
Your opinion counts: TimeSharing Today is going to issue a press release about the opinion of our readers on this aspect of the proposed settlement. We are asking you to explain why you either approve or disapprove of the above. Include your name when submitting your opinion. Email your comments to staff@tstoday.com. Subject: Priority of Exchanges.

[TSToday Junior Member Find all posts View Profile Close TSToday]

How to send a letter objecting to the proposed settlement

TimeSharing Today received numerous replies from readers about the settlement. You have an opportunity, until April 6, 2009, to express your concerns to the court and to the attorneys involved in negotiating the settlement. We want to provide accurate information for those RCI members who intend to send a letter objecting to any part of the proposed settlement. Unless you have excluded yourself from the Class, you are considered a Class member, and you should send your letter. The following is from information on RCI's website.

How do I object to the settlement?

If you’re a Class member, you can object to the settlement if you don’t like any part of it. You can give reasons why you think the Court should not approve it. The Court will consider your views. To object, you must send a letter saying that you object to the settlement. In re: Resort Condominiums International, LLC. Be sure to include the class member’s name (your name), address, telephone number, RCI Weeks Exchange Program Identification Number, Resort Identification Number, resort name and your signature, and the reasons you object to the settlement.

Mail the objection to these places postmarked no later than April 6, 2009 to:

Clerk of Court
United States District Court for the District of New Jersey
50 Walnut Street
Newark, New Jersey 07101
--------------------------------------
David C. Berman, Esq
A Professional Corporation
71 Maple Avenue
P.O. Box 111
Morristown, NJ 07963-0111
--------------------------------------
David S. Sager, Esq
DAY PITNEY LLP
P.O. Box 1945
Morristown, NJ 07962-1945

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

Everyone should file a complaint about the sellout/settlement and the disgraceful sellout plaintiffs attorneys who stabbed us in the back. They should get zero for their double dealing. We should also file ethics complaints against them in the states where they are licensed. IF they get paid at all, it should be in the same stupid and useless trinkets they think we should have.

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

Everyone should file a complaint about the sellout/settlement and the disgraceful sellout plaintiffs attorneys who stabbed us in the back. They should get zero for their double dealing. We should also file ethics complaints against them in the states where they are licensed. IF they get paid at all, it should be in the same stupid and useless trinkets they think we should have.

And the beat goes on....and the beat goes on....

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

TimeSharing Today received numerous replies from readers about the settlement. You have an opportunity, until April 6, 2009, to express your concerns to the court and to the attorneys involved in negotiating the settlement. We want to provide accurate information for those RCI members who intend to send a letter objecting to any part of the proposed settlement. Unless you have excluded yourself from the Class, you are considered a Class member, and you should send your letter. The following is from information on RCI's website.

How do I object to the settlement?

If you’re a Class member, you can object to the settlement if you don’t like any part of it. You can give reasons why you think the Court should not approve it. The Court will consider your views. To object, you must send a letter saying that you object to the settlement. In re: Resort Condominiums International, LLC. Be sure to include the class member’s name (your name), address, telephone number, RCI Weeks Exchange Program Identification Number, Resort Identification Number, resort name and your signature, and the reasons you object to the settlement.

Mail the objection to these places postmarked no later than April 6, 2009 to:

Clerk of Court
United States District Court for the District of New Jersey
50 Walnut Street
Newark, New Jersey 07101
--------------------------------------
David C. Berman, Esq
A Professional Corporation
71 Maple Avenue
P.O. Box 111
Morristown, NJ 07963-0111
--------------------------------------
David S. Sager, Esq
DAY PITNEY LLP
P.O. Box 1945
Morristown, NJ 07962-1945

While I agree that the so-called settlement does nothing for customers and only helps to further along the intentions of RCI to be a rental company, to try to find "ears" that will hear and reasonably rule in favor of the customer seems unlikely. Call me pessimistic, but I read the settlement and decided that the only recourse that would give me satisfaction is to walk away from RCI at the end of the "membership period," which is Apr 2010 for us. We have had 2 deposits left, and cannot find a suitable exchange...largely because of these changes outlined in the OP's post.

The only truly satisfying thing a person can do is refuse to deposit or do any business with RCI. We have moved toward Interval, and other independents, and when the 2 deposits are used up with RCI, we will gleefully flee from their greedy sphere.

RCI is not at all interested in timeshare exchanging...

...they should rename themselves more aptly as a timeshare harvesting company...where they harvest your deposits.

In this current atmosphere of outrage at corporate greed, you would think they would review their practices and adjust accordingly.

[slim Member Find all posts View Profile Close slim]

Rci crimes

Dear carolinian, rci robbed millions and paid pennies in ridiculous settlement. I first started here to get people to reject to settlement and i got a lot of needless nasty remarks. I would like to hear from these people now.sent many crimes of rci to court and i have an official objection to the disgraceful settlement. Check my recent proof of rci corruption. Do you or anybody know, can i submit more evidence to the court. I started another thread just addressing the proof of rci corruption. This is my first forum. Can you tell me how i see other thread? Thanks

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

Do you or anybody know, can i submit more evidence to the court. I started another thread just addressing the proof of rci corruption. This is my first forum. Can you tell me how i see other thread? Thanks

Reluctantly I am replying to you slim . . .

To describe your action here . . . you have entered and began to open fire randomly.

At least you are reading other threads now, so you know others have said stuff similar to your rants before. I've been on forums saying it and seeing it said for more than 10 years.

Just stop acting like you have stumbled onto some buried treasure, or that you are the savior of the RCI world. You are way behind the curve and trying to preach to people who have been preached to for a long time, and don't need it.

As I asked of the other person currently here to save the timeshare world, can you tell me the act the governs timesharing in the State of Florida, the email address of the Missouri AG, the email address of the FTC and the US AG, and who the King of Sleaze is (without googling it), and he did not reply.

Some of us have been at this a long, long time. I was doing that stuff three presidents ago, two if you don't count the last one. Four if you count Chaney.

Heck, I have emails from a former mucky muck on another TS forum and from a person at RCI about Carolinian's comments, from almost ten years ago!!!

No, you cannot now add more evidence to the class action suit. I seriously doubt there will be another one. The matter has been handled the way the matter has been handled. It is the result of the dissatisfaction and is likely all the satisfaction any will get.

Most of the other threads are on the RCI board, so you can go there. Or, go to the upper tool bar, on the right, and click search, and enter RCI.

Then, go to the Timeshare Users Group forum . . . you can google them, register, and search there.

You will find hundreds who have walked in you shoes before you . . . and perhaps see that the shoes are getting a little worn.

FWIW, it appears there have been some positive things that have come out up of the uproar. The new RCI search engine, for instance, is more revealing than anything in the past.

On the other hand, some of us have noticed that some beneficial things don't seem to be happening any more.