One of our regulars here has the exact verbiage of our Veranda Rights in her signature. I don't want to misquote it, because it's one of my favorite signatures, but hopefully they'll respond so you can see it. Trust me, they are rights worth fighting for!
I agree, although I think Caskbill has hit on a more important aspect of this change -- the impact on waitlists. That will impact far more people than the folks who have schoolkids.
) will probably not be an impact.I agree, although I think Caskbill has hit on a more important aspect of this change -- the impact on waitlists. That will impact far more people than the folks who have schoolkids.
Bill saw something most of us missed. I know...what else is new?
My wife and I work in public education also. Our use year is Sept. We can only go during Christmas break or summer break. We don't have the same Spring Break since we are in two different school corps. 
It doesn't concern me too much if we plan on going during Christmas but it does if we decide to go during the summer months. 
and we then could also maybe start going during less crowded times of the year.
Or would the holding policy be effected by this new banking deadline?
No. Points go into holding if you cancel inside 31 days of arrival -- regardless of where you are in your UY.Another thing....OP are concerned with the new policy if they should have to cancel a ressie after the banking deadline. They keep saying they would lose the points. This can't be correct...they would go into holding....right?
It's true it could affect anyone, but it could affect them in a good or a bad way. In your situation say you were using most of your yearly allotment in the exact scenario you describe where 50% would not cover it. You have only a 1-2 week window where you're past the 100% banking window but outside the holding account rules. If you move your trip cancellation up a week to the end of May you could bank all points where you might only be able to bank half otherwise under the current (old) rules. IMO it's always been relatively important which use year you had, you've seen me post that a number of times. This change will make the use year slightly more important for some. But there certainly will be a subset that have a use year just before they normally travel and they will be at the most risk of losing points but that's true under both the new and old rules.
I see it as a change in flexibility, not a loss overall. But I guess it depends on exactly how it affects the individual how they will look at it. I doubt it will affect us either even though I will be down to only one home resort and use year within the next 6-8 months. As with most things, those that plan better will do better. But still life can happen to any of us as is the nature of timeshares in general.
Right. I think you may have missed my point. I didn't say it would adversely affect everyone. I said it could adversely affect anyone, not just the smaller group of folks with school-aged kids.
Actually I didn't miss it but rather that it seemed you were shading it to say that it would likely be a negative for far more people that stood to gain. And to be honest, I see it the other way. I suspect the total number of points that will be able to be banked under the new system but not under the old system will be somewhat more than those that are orphaned because of the new system. If you're the one losing out, you might not care about the others, if you gain from the system you'll likely be very happy. One thing that becomes somewhat more of an issue is if you have two separate accounts. You could potentially transfer points THEN bank them though I suspect this option will change in a couple of years.
This could help you or hurt you depending on exactly when you go and how large a chunk of that years points you normally use. For example, if you had 200 points, generally used most of them and generally traveled the first week of Sept, this would help you assuming a Dec use year. The reason is that you'd still be in the 100% banking window if you had to cancel relatively late and therefore would be able to bank more points than under the old system, as many as twice the number. OTOH, if you normally use half your yearly allotment or less and go late Sept or Oct, this could hurt you if, but only if, you had to cancel 1 August or after but prior to the holding account restriction.
