People use these terms to mean different things.
My definition:
Fully loaded = last year plus this year's pts available
Loaded = this year's pts available
Stripped = this year's points gone
Fully stripped = this year's and next year's pts gone.
Most contracts are partially something.
Thanks for clarifying. In that case I agree with your definitions. But I'm sure there are others that think differently, which is why I caution people not to get too hung up on labels. I mean, the word "year" means two different things when it comes to DVC, so how much faith can you put in the accuracy of words?I should have been more specific, but yes I meant use year points.
This is exactly right. You need to be careful when using these terms or when reading someone else's post that uses these terms, because they don't mean the same thing to all people. Read on...
Here's an example where it can get confusing. When Toreby says "last year" I'm not sure if he means last Use Year or last calendar year. If he's referring to Use Year then I agree with him completely. But if he's referring to calendar year then he's actually missing a year's worth of points.
For example, I recently bought a DEC VB contract that had 2015 points banked into the current 2016 UY. It also had current 2016 points as well as 2017 points coming on December 1 of this year. To me that contract is fully loaded because it has three year's worth of points in one calendar year. So by my definition, early UY contracts can never be fully loaded because you can't get three year's worth of points in one calendar year.
Rather than focusing on terms, I think it's more productive to focus on the points that are available. Right now we are in the 2017 use year for FEB, MAR, APR, and JUN. We are in the 2016 UY for AUG, SEPT, OCT, and DEC. I would concentrate on buying a contract that has the current UY points available. If you're buying a DEC contract and no points are available until December 1, 2017, you are technically buying a contract that is stripped.
You are correct, it could not have been more loaded. This is a perfect example of why I say to not get hung up on the terminology. My reason is because the terms mean different things to different people. But your example makes me want to change my reasoning to include the fact that the terms apply differently to different use years. Here's why:I purchased the following contract on 2/4/15:
150 points. February use year. 300 points currently available (150 + 150 banked points from 2014 allocation, banked points need to be used by 2/1/16) and 150 points coming on 2/1/16.
I consider it fully loaded even though I didn't get the future year points until the next calendar year. I don't understand how could it have been more loaded. I had an entire year to use the banked points.
If you reimbursed for this years points, it's unlikely you got 2 years worth of points for one years fee since the fees are for the calendar year and not the UY. For example, if you bought a Feb UY with all current and all future points and reimbursed the fees, you actually paid one month more than the points you got and paid/will pay fees on ALL points for present and future.Now that you've showed by example the UY difference to me, I get it.
Yes, I did get 2 years worth of points for 1 year MF.
Thanks for the detailed explanation.
If you reimbursed for this years points, it's unlikely you got 2 years worth of points for one years fee since the fees are for the calendar year and not the UY. For example, if you bought a Feb UY with all current and all future points and reimbursed the fees, you actually paid one month more than the points you got and paid/will pay fees on ALL points for present and future.
In 2015 if you bought April UY points getting all 2015 but not 2014 points and reimbursed the seller for that years dues, you overpaid by 3 months of dues. Dues would have been for 3 months of the 2014 points and 9 months of the 2015 points. Not a big deal for that situations.Maybe I still don't understand. I should have said I reimbursed for 1 year of maintenance fees at settlement in April 2015 and assumed that this was for the 2015 points. I didn't pay any fees directly to DVC until Jan 2016 which I assume were for 2016 points. I don't see how I could have paid for the 2014 points I received.
Whether or not you can get a contract with double-banked points leading to triple points being spendable w/in a half-year or so just has to do with the time of year you'll close the deal and the month of their UY. If you're buying an OCT contract in Oct, there is no way to get double-banked points. Just like buying the FEB contract in Feb. OTOH if you're buying a FEB contract in Aug or an OCT contract in Apr, either one of those could have double banked points, one set of which would be expiring rather soon.
Yes because that's how it's done. All you have to do is look at how you pay dues when you buy new such as CCR.Interesting, so you look at it like your "Jan 2017" dues on a June UY contract are actually paying the dues on 5 months of 2016 points (Jan-May) and 7 months of 2017 points (Jun-Dec)?
Yep. No points can be banked twice, but I'll edit it to say "two sets of banked points" instead.Double banked sounds confusing. I can understand that you mean points that have been banked and will expire before the end of the current UY plus points that are banked into the upcoming UY but someone new might think that it meant points that had been banked more than once.
So when I paid MF in Jan 2017 for my Feb contract, I paid for 1 month of my 2016 UY & 11 months of my 2017 UY, is that correct?