Fastest Exit is a new timeshare exit company, created to allegedly help you cancel your timeshare. They are based in Scottsdale. Arizona and was created in April of 2019. They have been reaching out to customers asking them to join in a lawsuit against certain timeshare companies, which raises a lot of red flags in our minds, so we decided to investigate.
After reviewing the website we noticed a few things that stood out to us. First, the FAQ page states that if you want to recover money from your timeshare, you can contact Fastest Exit; however, another page on their site says that I won’t buy your timeshare ad doesn’t recover money that has already been paid for the timeshare. This is contradictory and confusing.
On the scholarship page, we found out that Fastest Exit was offering a scholarship to those who write an essay answering two questions, one of which asks why it makes sense to pay an upfront fee to exit your timeshare. This is a big red flag. Timeshare exit companies that don’t offer an escrow payment option might be stealing your money, as you have to pay them upfront in full regardless of cancellation of your timeshare. If you pay with escrow, the company won’t be paid in full until the end of the cancellation process.
Fastest Exit is not a law firm. In fact, their FAQ page states that most timeshare exits can be done directly through the resort they were originally purchased from. If this is the case, why hire outside help? Why wouldn’t a timeshare owner simply contact the resort themselves?
Fastest Exit Reviews
Fastest Exit reviews are difficult to locate on third party websites. While there are several reviews on their website, it is hard not to be suspicious of their honesty. Most reviews published on company’s websites are only positive, and written, which can be easily created by the company themselves.
Ultimately, our recommendation is a neutral one. While we do recognize that this company has several positive reviews on their site, we also recognize that they do not offer an escrow payment, and that they seem to be cold calling for customers, which isn’t common in the timeshare industry for legitimate companies.