borrowing question

[Macnjac87]

Hi all-
I have borrowing question. If I borrow points from my 2006 use year and then cancel the ressie, the points would fall into what use year? Current? For example, if I borrow from 06 and make a ressie for September of 05 and then I cancel it, does it fall into my 2005 use year? (I have a December use year, so does it mean I can use those points up until November of 06?? Help!!

 

[Granny]

Once you borrow or bank points, they have to stay in that use year and cannot be moved back into their original use year.

In your example, if you have a December UY, then September 2005 would fall into your 2004 UY. So you couldn't borrow 2006 UY point for that reservation.

Let's say you borrowed 2005 UY points for the reservation. You moved the points into the 2004 UY (when the trip is taking place) and if you cancel the trip you cannot move the borrowed points back to the 2005 UY.

December UY's can be a bit confusing, because almost all of the use year falls into the following calendar year. So when you get your 2005 points this coming December, they will be good until the end of November 2006.

 

[Macnjac87]

Granny, thanks!
but, I don't have any 2005 points left which is why I need to borrow from the 2006 year. So can I still borrow 2006? and if I cancel, they go into the 2004 use year which must be used up before Dec. 2005? What if the reservation is next Spring 2006 and it cancels? it stays in my 2005 use year?
Sorry to be so dumb!

 

[dianeschlicht]

You have not yet received your 2005 points, so no, you can not borrow 2006 unless it is for a ressie after 12/1/05.

 

[CarolMN]

Granny, thanks!
but, I don't have any 2005 points left which is why I need to borrow from the 2006 year. So can I still borrow 2006? and if I cancel, they go into the 2004 use year which must be used up before Dec. 2005? What if the reservation is next Spring 2006 and it cancels? it stays in my 2005 use year?
Sorry to be so dumb!

Macnjac87 - looks like maybe you either don't quite understand use year or your terminology is confusing us. Use year is not the same as calendar year and it's especially easy to get confused when talking about a December use year.


If you have a December use year:

2004 use year points are good for stays between 12/1/2004 and 11/20/2005.
2005 use year points are good for stays between 12/1/2005 and 11/20/2006.
2006 use year points are good for stays between 12/1/2006 and 11/20/2007.
2007 use year points are good for stays between 12/1/2007 and 11/20/2008.


If you want to take a vacataion in Spring 2006, you need to use points from your 2005 use year. For that stay, your 2005 points are considered current use year, because your vacation dates fall within the 2005 use year.

For a stay that falls within your 2005 use year, you could use current year points, banked points (from your 2004 use year) or you could borrow points from your 2006 use year.

If you have no banked points and no 2005 use year points left, yes, you would have to borrow from 2006 to make the reservation.

If you then cancelled the reservation, the points go back into your 2005 use year. That means if you do not use them by the end of your 2005 use year (which is 11/20/2006), they expire. You cannot banke borrowed points and you cannot return them to your original use year.

HTH.

Best wishes -

P.S. Feel free to ask more follow up questions if you need to - your questions are not dumb!!

 

[Granny]

Back to the original scenario, you would not be able to borrow from your 2006 UY for a September 2005 trip. As noted, the earliest trip you could borrow the 2006 points for would have to begin after December 1, 2005.

Good luck...it is rather confusing. I have the same issue with my October UY, and the only way I can keep it straight is to develop a spreadsheet similar to the one Carol posted above.

 

[Macnjac87]

Thanks everyone for explaining it to me; I think I get it!! I can use 2006 points for ressies AFTER 12/1/05????
You guys are the best!!

 

[CarolMN]

Thanks everyone for explaining it to me; I think I get it!! I can use 2006 points for ressies AFTER 12/1/05????
You guys are the best!!

Yes. You can borrow your 2006 points for a stay that will occur between 12/1/2005 and 11/20/2006. You can make the reservation 11 months prior to check out if you are satying at your home resort, and 7 months ahead of check out if you want to stay at a non-home resort.

So if you want to stay at your home resort in the Spring of 2006, you could call to make the reservation right now!

Best wishes -