Disney Vacation Club Financing (2024)

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Link please?

5% CB rotating: ;
Everyday 3% CB: ;
Everyday 5%: ;
Companion Card: ;
Everyday 2.2% CB: ;
Retired to sock drawer after AOD (kept alive w/ 1 purchase every 6 mo): ;
On my radar: ;
Still Waiting for an Invite: ;
No hope:

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I'm pretty sure it would be a hard inquiry, if you're going to finance for 10 years. Don't see any reference to which CRs they'd use though.

https://disneyvacationclub.disney.go.com/membership/costs/#disclosure-3

Interest Rate – We offer fixed interest rates as low as 9.99% (10.0% APR) for a 10-year loan, and up to a maximum rate of 18.0% (18.01% APR). The Sample Financing Terms above assume a 10% down payment and a fixed annual rate of 15.0% (15.01% APR) which requires, among certain other criteria: (1) a minimum credit score of 675, (2) a current payment status on any primary residence mortgage, (3) no foreclosure history in the prior 3 years, (4) no open Federal or State tax liens or judgments, (5) no active bankruptcy filings, (6) no charged-off debt or unpaid judgments greater than $3,000 each or over $10,000 total within the last 3 years, and (7) no active credit counseling plan. The rate is reduced by .50% if automated electronic monthly payments are selected and maintained. You may still qualify for financing even if your situation doesn’t match our assumptions. Your loan’s interest rate will depend upon the specific characteristics of your loan transaction and your payment history. Other restrictions may apply.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX

So, these are time shares??

5% CB rotating: ;
Everyday 3% CB: ;
Everyday 5%: ;
Companion Card: ;
Everyday 2.2% CB: ;
Retired to sock drawer after AOD (kept alive w/ 1 purchase every 6 mo): ;
On my radar: ;
Still Waiting for an Invite: ;
No hope:

@ptatohedwrote:

So, these are time shares??

Basically, although; ownership expires after 50 years or less depending upon the resort.

OP, be very cautious about making this kind of commitment with a GF no less. Read about time share nightmares. I get that Disney is an amazing vacation, and I love going there too, but time shares (even Disney related) can be your worst nightmare. I can't imagine doing it with a GF. I'd get one if I had the cash to pay for it and my money wasn't tied up in other interests, but I'd never consider borrowing money for it.

@FicoMike0wrote:

The fact that there's a whole industry devoted to getting people out of timeshares calls for caution.

And the fact that the industry for getting people out of timeshares is as disreputable as the industry for getting people into them calls for it doubly so.

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