Point Add Ons

[PoohsGang]

Thinking of adding 100 points BCV I realize I'll have to put down 10% and wait, does anyone know if Disney will finance the 100 point add on for 10 years? Our original contract is piad we would like to keep a low monthly payment so we are hoping for ten year financing.

 

[bwalkmouse]

We added on 110 points at BWV last year and they offered us 10 year financing with 10% down.
Welcome home neighbor!!

 

[DisneyPirate85]

We got a MUCH lower rate thru Bench Mark bank, found them thru Time Share Store.

 

[PoohsGang]

We got a MUCH lower rate thru Bench Mark bank, found them thru Time Share Store.

Our credit is not good enough for Bench mark, its not bad credit just not up to there standards they told us when we originally bought that damn near perfect credit was needed, also with my business there is very little verifiable income :zipit:. Business was great when we bought the first points so not having to finance DVC was great. With the way the economy is now I'd rather finance than use the cash I have now (keep it in the safe)as I think the country hasn't hit rock bottom yet. According to the person we talked to at Benchmark and 1 other place it is near impossible for them to foreclose if you default, therefore almost perfect credit is needed, there is a bit of a credit crunch going through the country right now. (something was said that Disney has the upper hand) leaving 2nd party finance companys with little recourse to recoup lost money.

We want to add points to the same use year. We currently have 153 Dec BCV. Benchmark and 2 others only finance resale.