Monthly payments?

[Da8510]

Pardon my ignorance, I am wondering if anyone could please inform me as to whether the DVC initial payment for membership is required to be payed in one lump sum payment or if the option exists to have a monthly payment plan for the initial payment (I don't mean the maintenance per-point fees, which I know would be charged each year). For example, if the initial payment is $18,000 does this absolutely need to be payed all at once or would I have the option of paying it off over a period of time through monthly payments? I am honestly considering becoming a DVC member for many reasons. Thank you!

 

[disneynutz]

You can finance your purchase through Disney for up to 10 years. Your interest rate will depend on your credit score.

Bill

 

[Crystal_27]

Yes, Disney makes it every easy for you to become a member, and you can finance for up to 10 years with either a 10.75% or 14.25% interest rate depending on your credit score. You can also opt to pay the maintenance fees through a monthly payment or in one lump sum. Keep in mind, though, in order to finance, you have to come up with 10% of the full purchase price (excluding any incentives). Hope that helps - - good luck!

 

[MrShiny]

I think this offer is still in effect too - your down paymnent has 0% interested for as limited time if charged to Disney Visa.

 

[nu2dvc]

Yes, the Disney Visa 0% for 6 months is still being offered. And the Disney financing seems to be pretty lenient to. My guide told us that most people do get the 10.75% rate. (the "preferred" financing)

 

[Jason@dvcstore]

You could also choose to finance if you chose to purchase Disney Vacation Club points through The Timeshare Store, Inc.®.

TimeShareLending.net offers financing for Marriott, Hilton, Hyatt, Disney, Starwood and Season only. Funding available in all US states.

www.timesharelending dot net

Interest rate as low as 12.9% - Subject to change.
Terms up to 120 months.
No prepayment penalty for loans over 12 months.
No points.
Minimum loan amount $5,000.
Maximum loan amount $250,000.

Soft Qualifier:
Minimal personal information required. No credit report is run. If you want
to know if you qualify for a loan and for what amount prior to submitting a
full credit application, fill out a short form and you will have an answer
within 24 hours. NO OBLIGATION.

Credit Application:
When you agree this loan is for you, complete the credit application and
submit it. NO OBLIGATION.

Manual Application Form:
Credit application, Hard copy, available for printing