CLICK HERE TO READ: Advocate Financial Services Review (UPDATED 2023)

Advocate Financial Services, originally founded in Fort Lauderdale, Florida, is a timeshare exit company. Our team investigated their interesting website, where the company claims it is not a law firm and does not represent one. Instead, they help individuals who have been misrepresented by timeshare companies. Advocate Financial Services uses the Consumer Protection Law in their favor to help you get out of the timeshare contract.

Common misrepresentations or deceptive sales practices according to Advocate Financial Services website are:

• “Was conveyed that the “tour” would only be for 90 minutes when in fact it took the entire morning, afternoon, or evening
• Aggressive sales tactics applying pressure after multiple rejections to sales representatives’ purchase offers are considered unlawful coercion to compel individuals to act against their normal inclinations.
• Representing the purchase as an investment, implying the timeshare could be profitable through resale or rental, is misleading.
• It was falsely represented that the offer was a one-time/day opportunity and that the timeshare would only be available to members, not the general public, for use or rental.

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Another interesting information we saw on the Advocate Financial Services website was testimonials. There were more than just video testimonials, the website had authentic hand-written testimonials alongside audio recorded testimonials. From this information, we can conclude the company truly believes in what they offer and so does their clients. Also under their credentials page, the company provided two significant images of awards they have achieved. One award was the 2015 Financial Service Provider of the year, the second award was the 2019 Fort Lauderdale Business Hall Of Fame award.

The company does not offer an escrow option. They do not provide a cost on their website; instead, they determine it through a free consultation. We found that Advocate Financial Services has a $50,000 insured and bonded surety bond, guaranteeing their services to clients. This is unique, as most timeshare exit companies do not provide a surety bond. Advocate Financial Services does not mention processing time or cost on their website, which is common in the timeshare exit industry.

Advocate Financial Services Licensing

On their website, this company claims an A+ rating, but upon visiting the Better Business Bureau website, we discovered surprising information: the business lacks BBB accreditation and holds only an average of 2 reviews with 3 stars. This is concerning because if Advocate Financial Services has been doing business for 7 years, why do they only have two reviews? Did they buy this business from a different individual, or did they transfer the domain over? As we dive deep and read into the reviews, we come across a review which states the service representative acting rude and disrupt over the phone, which may be a concern for some. There were no Yelp or TrustPilot reviews.

MyTimeshareExitReviews Rating

As a people-first review company, we take it upon ourselves to recommend you the safest timeshare exit company. Advocate Financial Services receives a 3.0/5.0 MyTER Rating from our team. We based this score on the lack of an escrow option, a 3-star customer rating on the Better Business Bureau, and the absence of accreditation by the Better Business Bureau. It is very important to protect yourself from timeshare scams, always research a company prior to working with a timeshare exit company and if you need an extra layer of protection, look for a company that provides an escrow option and make sure to read detailed reviews before choosing a timeshare exit company. You can always haggle the price with the timeshare exit company because they work on commission. Always remember, you have to protect yourself first!