The ECC has issued the [broken link removed] warning with respect to Holiday Clubs operating in Spain and throughout the EU.
The holiday show on BBC did an expose on such a company last night (1st August).
The holiday show on BBC did an expose on such a company last night (1st August).
Holiday Clubs
Holiday Clubs offer luxury holidays at knock down prices to club members by signing a contract for 2 years and eleven months. In theory Holiday Club members can enjoy exotic trips to holiday resorts at a fraction of the cost of a standard holiday and even "get their money back" when their contract ends as these companies allegedly invest the sums in very profitable funds. This unfortunately has proven to be false .
They are often confused with Timeshare as there are significant similarities between the two products. Unfortunately Holiday Club contracts are not protected by legislation and you are at the mercy of unscrupulous fraudsters who will take your money and run before you even attempt to enjoy the so-called holiday.
If you are approached by someone with a scratch card which subsequently reveals a free cruise, bottle of wine or free holiday don't believe what you are hearing. Walk away before it is too late. Otherwise you will find yourself signing a contract under pressure and having your credit card debited immediately.
Since 2001 ECC Dublin has received hundreds of complaints from Irish consumers with an average loss of Ÿ7,000. The Spanish Police are engaged in a continuing investigation of these Clubs and have already jailed dozens of people for crimes such as fraud, extortion, grievous bodily harm, bribery of bank officials and more. So don't be next in being caught on the web of the holiday clubs!