Can you add on if you still have points financed with Disney?

[CNMooner]

First off, I'm well aware that I'm jumping the gun here, but humor me please...


We still owe about 50% on our SSR purchase last year. We financed with Disney. As many of you, we hope to jump on a CRV add on, but we would need to finance those points if they make the announcement before Spring '09.

Are you able to finance points if you still have a balance?

TIA!

 

[Sammie]

Yes Disney will be more than willing to take more of your money. Of course based on credit approval, etc.

 

[acourtwdw]

First off, I'm well aware that I'm jumping the gun here, but humor me please...


We still owe about 50% on our SSR purchase last year. We financed with Disney. As many of you, we hope to jump on a CRV add on, but we would need to finance those points if they make the announcement before Spring '09.

Are you able to finance points if you still have a balance?

TIA!

Yes we have done it twice.

 

[dwelty]

Yes Disney will be more than willing to take more of your money. Of course based on credit approval, etc.

My guide told me, when you add on they do not even run your credit again. If your account is in good standing, you will be fine.

 

[JadeDarkstar]

my guied told me my credit didnt matter as long as i had my down payment... i dont have god credit...i hope they dont run it or something

 

[Demosthenes]

... i dont have god credit...

Wow...you really think He'd have to sit there for a credit check? Seems a little overcautious to me.

 

[cgcruz]

I can see why they dont care about credit. If you dont pay they just take your points away and sell them at retail value again.

 

[rlduvall]

Wow...you really think He'd have to sit there for a credit check? Seems a little overcautious to me.

You are just ornery.

 

[JadeDarkstar]

well my credit has been runied by my first husbend and my mom. But this would get paid (i get my own money and the lady said that my credit wouldnt mtter just make the payments witch i will do

 

[WolfpackFan]

Sure, we've done it twice.

 

[JadeDarkstar]

ok i just called and asked about credit ..no extra down payment, if bad credit just higher intrest rate it will be like 20+ more a month..its ok i can do it.

 

[dvcnewgirl]

I was told when I did my add on they do not check your credit, only if you have not made your payments on your other contract.

 

[espana94]

We just finished the paperwork for our add-on. We didn't even have to fill out the mortgage app. They didn't check credit, employment, nothing. DIS just assumes if you are making your payments on your first contract, you know if you can make payments on an additional contract.

As another poster noted, they will just take back the points and resell them at market if you get in over your head. So, it really is a win-win for Disney. They get your down payment, they charge you interest for the points, you spend buckets of money when you visit and if you neglect to pay, they get their product back.

Sheesh, now if I could just see all the cash I've given them reflected in the price of my Disney stock!

 

[JadeDarkstar]

ya the way the lady said it was they check credit and one of two things happines. eather we are prefured custermers with 10% intrest or we are peending(or diffren spelling) and not preferd and 14% (20$ more a month) (im gona pay 600 and make my pay ments 159 a month) after paying for the maintnce yearly instead monthly) (this whole years check is going towards this but it will be verry good)(pluse money put away for christmas,suviners in nov trip and a few other littel things)

dose any one know how much u pay monthly for 25points on animal kingdom villas?