Borrowing question Dec UY

[SFlaDisneyfans]

I need opinions. We are currently in ROFR for 100 points (our 1st contract) with a Dec UY. We get zero points in Dec 13 and all points going forward. We are in no rush, but will be looking for a second 100-ish point contract to complete our portfolio in the future. My 1st thought was to just do a cash reservation next year until our points generate in Dec '14. Reading another thread talking about resort expiration, I have about 40 years of points ahead of me (buying into SSR). Is there any reason not to just start a borrow cycle and borrow my 100 points in each year starting this Dec? Worst case I end up with zero points in Dec '54. Once I find a second 100 point contract I like I can always spend a year allowing the SSR points to reset to normal and going forward have 200 a year to spend. In the short term I am not concerned about losing the ability to bank/borrow for a larger allotment of points.

Thoughts?

 

[sarah4770]

There is no real reason why you cannot borrow, especially since you just shelled out money for a contract.... I would not want to do a cash reservation this year either. The only drawback, as I see it, is paying MF's next year on points you already used. Also stripping your contract tends to make you want to buy more points.
After you have made several trips, there will be years that you either don't want to go, or cannot take the time away. It should even out in the end.

 

[Sandisw]

The only drawback to being on a complete borrow cycle is that if you ever have to cancel a vacation, those points will be stuck in that UY and you will have to reschedule the trip or the points will be lost.

But, given you have the points, I wouldn't worry about paying for a cash next year but use them and make adjustments along the way...

 

[emilymad]

We have a December UY and we have always borrowed points into the current year. So we borrow our Dec 13 points into 2013.

 

[CarolynFH]

When we started out we were always borrowed ahead - for at least the first four or five years. Then as PP mentioned, for various reasons we skipped a year and our points balance was caught up for a few years. Now we've booked a GV for a week on January 2014, which required all of our Sept. 13 points and most of our Sept. 14 points, so it looks like we'll be borrowed ahead for a few years now!

So, use your points and enjoy the flexibility!

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