How to borrow twice?

[jbdisneymom13]

We are (hopefully) going to be closing on our first dvc contract via resale soon with a Sept UY. We are also hopeful that when we close we can call and find something available for a few days for a quick trip in the first two weeks of Aug. That would mean borrowing points from our Sept 09 UY to do that. But then I would also like to book for a longer trip for summer 2010 - probably July - which would mean to do that I would need to borrow 2010 points into my 09 UY. If I'm booking for my home resort for July 2010 I could book in Aug 09 right? So can I do both sets of borrowing like that - asap for this Aug and in Aug for July 2010 before I even get to my Sept UY for 09 - or would I have to wait until I'm into my 09 UY before I can borrow from 2010? And if so, would I have problems booking if I can't do it at the 11 month window?

 

[Sandisw]

Yes, MS will borrow points for your reservations when you need them. Once you are in the booking window, they will take care of everything. As long as you have the points available for borrowing, you will be all set!

I just redid my add on contract for BLT. I had initially gotten DP's and had a stay booked at SSR from August 5th - August 10th. When I took the new incentives, I gave up the DP's and had to rebook those 5 nights with my own points.

I just did this last week and had no problem getting 4 nights in a standard view studio at AKL and 1 night in a studio at VWL. There was even a value studio still available for my dates at AKL.

Not sure of the room size you are looking for, but I think you should still have a chance of finding a room available as soon as you close!

Good luck and welcome home!!!

 

[glovelsu]

borrowing should not be a problem. you can use your 09 points and borrow 2010 points since you are going in the 09 use year. it is when you are vacationing not when you call to make thereservations that counts.

 

[DisneyWalker44]

People often misunderstand the relationships between use-year, 7/11 month windows, reservations and trips. So let me go over this just in case it isn't clear to you.

The dates for Use-year, banking and borrowing only matter for the timing of your actual trip. They have nothing to do with when you can make a reservation. Your 7/11 month windows determin when you can make your reservation.

So for a July 2010 trip, you can always call for your home reseort in August 2009. It doesn't matter of you have any points in August 2009, all that matters is whether you will have the points in July 2010.

 

[jbdisneymom13]

Thanks everyone! I thought that was the way it would work but wanted to make sure. My only concern now is the chance I'll be taking borrowing into the end of my 08 UY. The way I see it I'll be taking a big chance that if something goes wrong and we would have to cancel or postpone our trip that I'd like to schedule for sometime in the first two weeks of Aug that I would probably lose those points I borrowed. They would have to be used before Sept 1 or lost - correct? Once they are borrowed there is no way to put them back - are there any other options in that situation?

 

[Sandisw]

Thanks everyone! I thought that was the way it would work but wanted to make sure. My only concern now is the chance I'll be taking borrowing into the end of my 08 UY. The way I see it I'll be taking a big chance that if something goes wrong and we would have to cancel or postpone our trip that I'd like to schedule for sometime in the first two weeks of Aug that I would probably lose those points I borrowed. They would have to be used before Sept 1 or lost - correct? Once they are borrowed there is no way to put them back - are there any other options in that situation?

Yes, once they are borrowed they can not be returned. It is the only drawback that I have found with DVC.

Since they borrow just to make the reservation, you really have to be sure that you are going to go on the trip or that you have a back up plan for using the points if cancellation happens.

My August trip has borrowed points from my October UY so if something happened, I would not get any use from them. My only hope would be to see if I could find someone I know to book and use them.

Good luck!!!

 

[5forDiz]

Thanks everyone! I thought that was the way it would work but wanted to make sure. My only concern now is the chance I'll be taking borrowing into the end of my 08 UY. The way I see it I'll be taking a big chance that if something goes wrong and we would have to cancel or postpone our trip that I'd like to schedule for sometime in the first two weeks of Aug that I would probably lose those points I borrowed. They would have to be used before Sept 1 or lost - correct? Once they are borrowed there is no way to put them back - are there any other options in that situation?

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Yes you are right - once banked or borrowed points must be used in the Use Year they have been placed into. In the event you had to make a late cancellation you could try to rent the reservation or the points ( you may want to read the stickies and posts over on Rent/Trade board to get idea of how this type of thing is done ). The only other thing I can think of but, I'm not sure and this probably isn't a possibility - I don't know for sure but it may be possible for you to deposit those points into RCI for future trip via RCI
( like I said I'm not certain this is even possible at all but I thought I recalled reading something like this but I could be confusing it with another situation ).

Good luck