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This article, written by Dave Ramsey, provides clear steps on how to cancel a timeshare. Specifically, it outlines the process for dealing with the timeshare contract, communicating with the timeshare company, and how to avoid further payments. The answer to the question of whether it is possible to cancel a timeshare is yes, it is possible. The article provides the necessary steps to make it happen.


As someone who has gone through the process of canceling a timeshare, I can tell you from experience that it can be a complicated and frustrating process. That is why I am so grateful for the advice that Dave Ramsey has provided on how to do it. In this article, he outlines the steps necessary to cancel your timeshare, from dealing with the contract to communicating with the timeshare company. He also offers advice on how to avoid further payments. With this help, you can successfully cancel your timeshare and put the experience behind you. Dave Ramsey’s advice on timeshare cancellation is invaluable and can be used as a guide to ensure a successful and stress-free Dave Ramsey Timeshare Cancellation.

Background on Dave Ramsey

I’m Dave Ramsey, a financial expert and New York Times best-selling author. Over the years, I’ve helped countless people tackle timeshare cancellation. I’m here to share what I’ve learned so that you can cancel your timeshare in the most efficient way possible. I’m here to guide you through the process and provide the steps you need to take to cancel your timeshare. With my advice, you can get rid of the timeshare and stop making payments.

Overview of Timeshare Cancellation

Dave Ramsey provides an excellent overview of the process of cancelling a timeshare in this article. He outlines the necessary steps for dealing with the timeshare contract, communicating with the timeshare company, and how to avoid any further payments. His advice is clear and straightforward, making it easy to understand and apply to your own situation. With his direction, you can confidently take the necessary steps to cancel your timeshare and avoid any further payments.

Steps to Cancel a Timeshare

Cancelling a timeshare is not as hard as it may seem. The first step is to read through your timeshare contract in order to understand your rights and obligations. After that, it’s important to communicate with the timeshare company and let them know that you are looking to cancel. The company might be willing to work with you to find a solution that works for both of you. Lastly, make sure that you are aware of any additional payments that may still be due to the company after you cancel the timeshare. Following these steps will make it easier for you to cancel your timeshare.

Step 1: Research Your Timeshare Contract

The first step in canceling a timeshare is to research your timeshare contract. It’s important to understand the terms and conditions of your agreement, as it contains the information you need to know about canceling the contract. Make sure to read all the fine print, as you may find hidden fees or other surprises you weren’t aware of. Take the time to research all of your options to make sure you’re making the right decision.

Know Your Contractual Rights

It is important to be aware of your rights under the timeshare contract before attempting to cancel your timeshare. Knowing exactly what the contract states can help you figure out what options are available to you and what you can do to protect yourself. Make sure to read the details of the contract carefully and take notes so that you understand what you are agreeing to. Knowing your contractual rights can help you avoid any surprises or issues when it comes time to cancel your timeshare.

Consider Your Financial Obligations

Before canceling your timeshare, it is important to consider your financial obligations. Make sure you are completely aware of the terms of your contract, as well as any potential costs associated with canceling. It is also important to remember that you may still be responsible for paying any remaining fees or charges associated with the timeshare, so make sure to read through all of the fine print before signing anything.

Step 2: Contact the Timeshare Company

The next step in canceling your timeshare is to contact the timeshare company. It is important to be aware of your rights and to clearly communicate what you want. Your goal should be to get a formal, written agreement that acknowledges the cancellation of the timeshare contract. Make sure to document any conversations you have with the company and keep copies of any forms or letters you may have sent. Remember, you should never sign anything without reading it thoroughly first.

What to Say in Your Communication

When communicating with the timeshare company, it’s important to be clear and direct. Make sure to explain that you’re terminating the contract and that you will no longer be responsible for any payments. Be sure to provide any relevant information, such as the contract number, that the company may need. Additionally, it’s a good idea to keep a record of any communication you have with the company, just in case there are any disputes. With the right approach, you can successfully cancel your timeshare with ease. Dave Ramsey has said that timeshares can be a financial burden and should be canceled if necessary, so it’s important to know what to say in your communication with the timeshare company to ensure a successful cancellation – what does Dave Ramsey say about timeshares?

Step 3: Avoid Future Payments

When it comes to avoiding future payments, the most important thing to do is to get your cancellation in writing. Make sure you have all the details of your cancellation in writing and that the timeshare company acknowledges it. You may also want to consider setting up a recurring payment block with your bank to protect your account from any further payments to the timeshare company. This will ensure that you won’t be charged for any additional payments after your cancellation.

Relevant Laws to Know

It’s important to be aware of the laws that pertain to timeshare contracts in your area. Depending on where you live, there may be certain provisions in the contract or state laws that could affect your ability to cancel the timeshare. Make sure to read through the contract carefully and understand your rights before you take any action. Additionally, if you’re uncertain, it’s wise to reach out to an attorney who specializes in timeshare law to make sure you’re taking the right steps. Once you understand the laws and your rights, you’ll be better able to determine how much of a timeshare cost you may be able to recoup.


In conclusion, I encourage anyone considering timeshare cancelation to do their research and follow the steps outlined in this article. Canceling a timeshare can be a complicated and overwhelming process, but with the right information and guidance, it is possible to successfully cancel the timeshare. Timeshare cancelation is a viable option if you need to get out of a timeshare agreement, so don’t be afraid to take the necessary steps to make it happen.

Summary of Steps to Cancel a Timeshare

Cancelling a timeshare is not as daunting as it may seem. Following Dave Ramsey’s advice, the steps to cancel a timeshare are simple and straightforward. First, you’ll need to go through the process of dealing with the timeshare contract. Then, you’ll need to communicate with the timeshare company, making sure to keep records of all correspondence. Lastly, you’ll need to make sure you don’t make any more payments to the timeshare company. With this advice in mind, you’ll be able to successfully cancel your timeshare and be on your way to financial freedom.

Final Thoughts

Final thoughts on canceling a timeshare: Canceling a timeshare can seem like a daunting task, but it doesn’t have to be. With the right information and an understanding of the process, you can successfully cancel a timeshare. Taking the time to read this article and understanding the steps outlined here can help you find success in canceling your timeshare. Good luck on your journey to freedom!

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