Adding on points questions.

[brivers222]

I have some questions about adding on points (I kinda got that darn bug while planning our trip for this may!!!!)

1) If we finance through Disney, I know we need to add at least 50 pts or more... We are looking to add 50 (which would give us an extra 100 pts using this current use year and borrowing from next year).

2) How easy is it to finance another 50pts if we are already financing pts? Does that makes us a higher risk OR does it help in getting approval

3) How long does it take to get approved and will the points become available this year? i.e. we would like to use them this coming MAY!

4) What is the current add-on cost for SSR per point?

 

[vascubaguy]

I have some questions about adding on points (I kinda got that darn bug while planning our trip for this may!!!!)

1) If we finance through Disney, I know we need to add at least 50 pts or more... We are looking to add 50 (which would give us an extra 100 pts using this current use year and borrowing from next year).

2) How easy is it to finance another 50pts if we are already financing pts? Does that makes us a higher risk OR does it help in getting approval

3) How long does it take to get approved and will the points become available this year? i.e. we would like to use them this coming MAY!

4) What is the current add-on cost for SSR per point?

Answers:
1) Right, you'd have to get at least 50 for DVC financing... 25 if you are paying cash or charging to a credit card.

2) Not sure, it probably just depends on your credit score, etc.

3) Again, not sure, probably just a few days (depending on how backed up they are right now with folks trying to get in on the incentive before it expires). The points come available immediately.

4) Current add-on price for 50 points at SSR would be $98. (have to get at least 100 pts to get the $8 off, and 120 pts to get the 15% off. All other resorts thru DVC are $92 per point)

HTH

 

[bsusanmb]

I was told that if your financing was already approved by Disney, there is no additional credit check for add on's, you automatically qualify. I just bought my first 150 points then added on another 125 at another resort.

 

[brivers222]

is there a wait for adding on 50pts at Boardwalk.

how would the 11 month work if we own 50 at BWV and 160 at SSR? could we get BWV at the 11 month?

 

[rogerram]

you would get the boardwalk points at the 11 month window for use at that resort(Boardwalk) and SSR at the 11 month point window for that resort. To book the boardwalk for points you can only use the amount of boardwalk points you have at 11 months out and the your SSR points at the 7 month window. The opposite is true to book at SSR.

 

[bsusanmb]

My UY is August and there were lots of points available at all resorts except BCV. It depends on your UY. Disney will not allow you to have different ones.

 

[rantnnravin]

can i jump on here?
does anyone know what the down payment would be for a 50pt add-on being financed?

 

[dvcnewgirl]

If you put 10% down your down payment would be 460.00

 

[brivers222]

would we have to do a 10% down if we already are financing?

 

[bsusanmb]

yes, you would. Any add on requires a new 10% down.