Tradebloc Inc.

Do you own a timeshare, and it feels like carrying a suitcase that gets heavier each year? The increased maintenance fees, financial situation, and schedule change push many owners to look for a safe exit.

When you search online for exit companies, Tradebloc Inc. often appears. If you’ve considered the firm to help you cancel your timeshare or other financial obligations, read this guide to get a clear view of the company before you sign anything.

Because not all firms are legitimate, many scams exist. Therefore, it’s wise to research the firm thoroughly so you can make the right decision for your financial future.

An Overview of Tradebloc Inc

Tradebloc is a well-known name in credit and debt management, helping individuals take control of their financial futures. The company was officially founded in 2017 and has over 25 years of industry expertise. The firm, based in Dallas, Texas, claims to have helped over 50,000 clients settle more than $350 million in debt.

Tim Clark, the CEO, has been a leader in the industry since the beginning of his career. The firm’s core mission is to provide ethical and practical financial solutions that empower individuals to regain their financial freedom and stability.

Is Tradebloc Legit?

Tradebloc Inc.Inc. is a legally registered business located in Dallas, Texas. Having a physical business location ensures they are not a part of the scam, which usually operates only online with fake addresses. While the firm advertises over 25 years of industry experience, it’s also worth noting that their timeshare cancellation service is relatively new, having been established about 6 years ago. This means they’re building a track in the timeshare industry. In contrast, many firms have decades of experience in timeshare exits.

One important thing to note is that Tradebloc is Better Business Bureau (BBB) accredited; however, it has not yet received a rating from the BBB. Additionally, the firm has received over 100 complaints in the past year. This lack of accreditation, ratings, and complaints raises questions about their credibility and accountability.

Moreover, the firm does not use an escrow payment model, which also adds risk, so always consider working with an exit firm that uses escrow for added protection. 

Get Help From Timeshare Cancellation Companies 

Don’t rush! Choosing an exit company too quickly can result in costly mistakes. Every firm promises a way out, and it’s too easy to trust them when you’re under pressure from increasing timeshare costs.

That’s why we are here to protect many timeshare owners from rushing into the wrong firm.

The fact is that researching an exit firm takes more than a few clicks or calls. You need to look for many things. That’s why Timeshare Cancellation Companies offer a personalized assessment of your timeshare situation. Our expert team reviews your contract, evaluates your cancellation eligibility, and connects you with a top exit firm that matches your unique case, not just a firm that takes every client the same way. Moreover, we only recommend vetted exit companies that prioritize escrow, meaning your money stays protected until the company fulfills its promise.

Pros and Cons of Tradebloc Inc

Here are a few pros and cons of Tradebloc Inc. you should be aware of.

What Service Does TradeBloc Offer? 

Tradebloc offers a comprehensive range of financial services to help individuals enhance their credit, manage debt effectively, and reduce financial obligations. Here’s a breakdown of what they offer:

Credit Monitoring: Tradebloc offers a credit monitoring service. They keep an eye on your credit and notify you of alerts whenever there’s a change in your credit report, such as a missed payment, new loan, or any inquiry. This way, you stay updated and resolve issues early, especially if you want to avoid damaging your credit score.

Credit Accuracy: Tradebloc helps fix credit report errors. They review the credit reports and identify incorrect information, such as incorrect accounts or balances that you don’t recognize. The firm helps correct those mistakes and ensures your credit history remains accurate.

Credit & Identity Theft Protection: Tradebloc works with identity to protect against identity theft. They monitor your credit for unusual activity, alert you to threats, and provide help if your identity is ever stolen.

Debt Settlement: If you’re facing the burden of high debt, the company offers debt settlement services. Their team works with our creditors and negotiates on your behalf to lower the amount. This helps you minimize financial stress and avoid bankruptcy if you’ve high credit card or loan balances.

Timeshare Contract Cancellation: Tradebloc offers timeshare contract cancellation services to individuals seeking to terminate their contracts. They help you legally cancel your contract if you no longer wish to keep it. Many timeshare contracts involve deceptive sales tactics, including misrepresentation, fraudulent promises, or undisclosed financial obligations. They investigate all these claims and develop a case to terminate the agreement.

Tradebloc Pricing and Fees

The firm does not publicly mention its price and fees. However, based on various customer reviews, we have found that many customers paid upfront costs, typically ranging between $5,000 and $10,000. Some clients mentioned they were informed about pricing and fees during timeshare seminars or consultations. Others, however, showed disappointment and felt misled about the costs or mentioned they ended up paying more than expected.

Note: The firm doesn’t offer escrow protection or a money-back guarantee. So, choose wisely. 

Tradebloc Reviews

Here is a summary of customer feedback and information gathered from the company’s official website, BBB profile, and other online trustworthy sources.

On BBB, the firm is not rated and has received a 4/5 customer rating. According to the reviews, there is a mixed experience; many clients praised the firm’s professionalism, constant communication, and successful timeshare exits. Many clients noted that they protected their credit during the exit process. However, some claim they paid thousands of dollars and received little to no progress, and experienced damage to their credit.

On Google, it has received a 4.6/5 customer rating. According to customers, the firm protected their credit throughout the exit process. Even though they took longer than expected, their credit scores were protected. Some mentioned that their service fee seemed high, but later made sense when weighed against timeshare obligations.

Tradebloc Lawsuits and Complaints

There is no legal class action against Tradebloc Inc. However, the firm filed a lawsuit in May 2024 against Dynasty Capital and its associated parties. The lawsuit alleged the misappropriation of funds and assets, as well as fraudulent inducement.

Regarding complaints, there are numerous listings on the BBB. They are mainly related to a lack of communication, denied refunds, and unfulfilled promises. Many reported they were assured about all aspects of cancellation, but later, the firm never contacted them at all, which damaged their credit score. Many reported paying upfront, receiving no updates, and experiencing no progress.

Tradeblock Success Rate and Timeline

Numerous satisfied clients share stories of successful timeshare cancellations, often occurring within 4-9 months. The customers appreciated their professional approach and ongoing updates throughout the cancellation process.

What to Consider Before Hiring an Exit Firm

To avoid exit scams and the risk of working with the wrong firm, always look for various things, such as

BBB profile: Look for a firm’s BBB profile. It helps you determine whether the firm is accredited and adheres to business ethical practices, how they respond to customer queries, what real customers say about them, and their complaint history. 

Check Reviews: Don’t rely solely on the BBB; always cross-check the firm. Visit other platforms, such as Trustpilot or Google, for reviews and ratings. 

Escrow Payment: Many scam starts by demanding upfront payment. Verify whether the company requires upfront payment or uses escrow payment protection.

Remember: Tradebloc does not mention providing escrow payment protection, which is a risky sign in the timeshare industry. This means a third party will not protect your payment, and if they fail to meet your expectations, you’ll lose all your hard-earned money. So, it’s best to consult Timeshare Cancellation first for a free personalized assessment and connections to reputable, escrow-backed partners.

Conclusion: 

Deciding whether Tradbloc is the perfect choice for your timeshare cancellation comes down to weighing the pros and cons carefully. On the positive side, it is an honest company that offers a broad range of financial services. However, several concerns should be considered, including the fact that the firm is not BBB-accredited or rated by the BBB and has some listed complaints and many unresolved ones. Most importantly, they do not use escrow, which is a greater money protection service in the exit industry.

Therefore, we recommend taking your time and avoiding any rushed contact. Reach out to Timeshare Cancellation for better exit firms that use escrow and fit your situation. 

FAQs

Q1: What is Tradebloc?

Tradebloc is a financial service company that provides individuals with credit, debt, and timeshare cancellation solutions.

Q2: How much does Tradebloc charge for timeshare cancellation?

Tradebloc does not publicly mention fees for its services. However, the price may vary depending on your contract, resort, and the complexity of your case. 

Does Tradebloc offer escrow services? 

Tradebloc does not offer escrow services. You may be asked to pay fees upfront. However, book a free consultation with them first to inquire about their payment model.

Is Tradebloc BBB accredited? 

No Tradebloc is not BBB-accredited and is not rated by BBB.