Borrowing Restrictions

SL6827

Them, loving the lake. Me- not so much!
Joined
Apr 23, 2017
How long could Disney legally enforce this restriction? Could they eventually make it permanent?
 

FFMickey

DIS Veteran
Joined
Dec 23, 2013
How long could Disney legally enforce this restriction? Could they eventually make it permanent?
They can. According to the rules and regulations, banking and borrowing can be changed at DVC discretion, from my understanding it can only be temporary to maintain a balance of points. However, I think once these points surrounding the pandemic closures are used or expires, IMHO they will revert back to what we are used to. There was a lot of points returned to 2020 and 2021 UYs from what I saw on the boards.
 

KAT4DISNEY

Glad to be a test subject
Joined
Mar 17, 2008
How long could Disney legally enforce this restriction? Could they eventually make it permanent?
The POS allows them to completely suspend both banking and borrowing. They may do what they need for as long as they need to.
 
  • bwang123

    Messages: 1,457,177,069
    Joined
    Apr 10, 2012
    was your reservation cancelled?
    They didn't cancel our reservations but called us first to see how everything could be adjusted. They are checking this for sure so be warned. We were able to change things around and the cast members who worked with us were great.

    I suggested they make their website only allow the ability to borrow 50% instead of allowing 100% and calling everyone. I don't know the cost analysis of adding that functionality to their website over cast members spending an hour or more with each person.
     

    Sandisw

    DVC Forums
    Moderator
    Joined
    Nov 15, 2008
    They didn't cancel our reservations but called us first to see how everything could be adjusted. They are checking this for sure so be warned. We were able to change things around and the cast members who worked with us were great.

    I suggested they make their website only allow the ability to borrow 50% instead of allowing 100% and calling everyone. I don't know the cost analysis of adding that functionality to their website over cast members spending an hour or more with each person.
    I am glad that you were called and it worked out, Maybe they figure that the move will be temporary enough that they don’t need to change the system, which could be a good sign.

    Also, the note is there so it may keep the calls down to a minimum. !
     

    Sandisw

    DVC Forums
    Moderator
    Joined
    Nov 15, 2008
    I just wanted to share that I followed through again via email about moving points borrowed before the deadline into different reservations.

    They checked my account and said that yes, since I had last borrowed March 26th, those points would be fine if I moved them around to new dates, including canceling and rebooking them before end of the UY,

    The did say that if they went back, I would not longer be able to reborrow them, So, if you do need to adjust, you should be fine as long as the points that put you over were borrowed before April 24th.
     

    SL6827

    Them, loving the lake. Me- not so much!
    Joined
    Apr 23, 2017
    I know that Disney is doing this as to try to help the situation and all, but boy this would have hurt me when I owned. But I am right in saying that you could bank all of your 2020 points and use them and your 2021 points in 2021? Or not?
     

    FFMickey

    DIS Veteran
    Joined
    Dec 23, 2013
    I know that Disney is doing this as to try to help the situation and all, but boy this would have hurt me when I owned. But I am right in saying that you could bank all of your 2020 points and use them and your 2021 points in 2021? Or not?
    Currently, yes you can. 2021 will have some issues with availability will all the affected borrowed points being put back.
     

    KAT4DISNEY

    Glad to be a test subject
    Joined
    Mar 17, 2008
    I know that Disney is doing this as to try to help the situation and all, but boy this would have hurt me when I owned. But I am right in saying that you could bank all of your 2020 points and use them and your 2021 points in 2021? Or not?
    Yes, plus you could borrow up to 50% of your 2022 points.
     

    Marc A.

    DIS Veteran
    Joined
    Apr 19, 2005
    They didn't cancel our reservations but called us first to see how everything could be adjusted. They are checking this for sure so be warned. We were able to change things around and the cast members who worked with us were great.

    I suggested they make their website only allow the ability to borrow 50% instead of allowing 100% and calling everyone. I don't know the cost analysis of adding that functionality to their website over cast members spending an hour or more with each person.
    How many days in to the 7 did they contact you? I'm holding off on airline tickets..4 days in for me.
     

    Sandisw

    DVC Forums
    Moderator
    Joined
    Nov 15, 2008
    I am in the same situations as @Lisa75

    Have more than 50% borrowed for July 3rd this year. So it would be better for me to modify it to a new date before Disney actually cancels it? Is that correct? Then I would be able to keep all my borrowed points?
    Yes. Once the borrowed points go back, you won’t be able to borrow more than 59%.

    If you move them into something new,,,even if you had to cancel first and then rebook, the email I got said that was fine because you borrowed before,

    I made several changes to my trip and in some cases, had to cancel and rebook so it wasn’t single nights, They checked my account and because all the borrowing was done in March, I am fine.

    Now, if you want the borrowed points returned, then cancel and don’t worry,..but as long as you have them in something new, you are exempt.
     

    Marc A.

    DIS Veteran
    Joined
    Apr 19, 2005
    Are you saying you borrowed more than 50% since the restriction?
    I had trip booked before the restriction with borrowed points that I needed to cancel so I did and then booked for a week earlier using the same points. Not sure if it will apply.
     

    Sandisw

    DVC Forums
    Moderator
    Joined
    Nov 15, 2008
    I had trip booked before the restriction with borrowed points that I needed to cancel so I did and then booked for a week earlier using the same points. Not sure if it will apply.
    You should be fine then as this is what I verified with them..through chat and the email.

    l was told since my points were actually borrowed in March, then my adjusting my trips, including a cancel and rebook, would keep them intact as I had them in new reservations already.

    I would only have been stuck if I had not used them and DVc put them back, Since I booked my stuff before any of that happened, my reservations will stay intact with the new dates.
     

    Marc A.

    DIS Veteran
    Joined
    Apr 19, 2005
    You should be fine then as this is what I verified with them..through chat and the email.

    l was told since my points were actually borrowed in March, then my adjusting my trips, including a cancel and rebook, would keep them intact as I had them in new reservations already.

    I would only have been stuck if I had not used them and DVc put them back, Since I booked my stuff before any of that happened, my reservations will stay intact with the new dates.
    As you can imagine, still worried. I will confirm with them Tuesday to be 110% sure and then hopefully be able to switch airfare. Just worried that no one is saying anything about resorts opening, just parks possibly in limited capacity. Nor are they saying anything about who is allowed to come/how they will make a determination.
    Thank you.
     

    jwinky

    Mouseketeer
    Joined
    Apr 2, 2006
    Can someone clarify the restrictions for me? Is 50% rule per contract or per reservation or per membership? I'm good at per membership and per contract, but if I look at per reservation some might be above 50%.

    I couldn't imagine MS looking at per reservation manually. I figure per contract or membership is easier to review.

    And what if you allocate borrow points to pre-rule reservations through "modify reservation". Would that allow me to borrow more? Prob not, but wanted to confirm. I had reallocate borrow points to my reservations coming up first to get them return for potential park closure.
     

    Sandisw

    DVC Forums
    Moderator
    Joined
    Nov 15, 2008
    Can someone clarify the restrictions for me? Is 50% rule per contract or per reservation or per membership? I'm good at per membership and per contract, but if I look at per reservation some might be above 50%.

    I couldn't imagine MS looking at per reservation manually. I figure per contract or membership is easier to review.

    And what if you allocate borrow points to pre-rule reservations through "modify reservation". Would that allow me to borrow more? Prob not, but wanted to confirm. I had reallocate borrow points to my reservations coming up first to get them return for potential park closure.
    It is per contract, not reservation. For example, I have SSR and RIV in one of my memberships. I had borrowed more than 50% of my SSR points before change, but none of my RIV.

    So, I can technically still borrow from RIV.

    The system will definitely let you borrow more but they have said those will be canceled if it exceeds the limit, Though reports are they are calling members.

    I do know that whatever borrowed points you have from before the restriction can be moved around into different reservations since they were put into that status before the rule
     

    jwinky

    Mouseketeer
    Joined
    Apr 2, 2006
    It is per contract, not reservation. For example, I have SSR and RIV in one of my memberships. I had borrowed more than 50% of my SSR points before change, but none of my RIV.

    So, I can technically still borrow from RIV.

    The system will definitely let you borrow more but they have said those will be canceled if it exceeds the limit, Though reports are they are calling members.

    I do know that whatever borrowed points you have from before the restriction can be moved around into different reservations since they were put into that status before the rule
    Thanks! Then I should be okay. I unfortunately borrow all my points after the restriction and dealing with reservation shuffle game like everyone else.
     

    goingtoexpo!!

    Mouseketeer
    Joined
    Aug 18, 2019
    I borrowed two points over. A CM actually called me to cancel and rebook it.

    Edit: This was the day or day after the restrictions went into affect. Not sure what they would do now.
     

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