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Does California have 3 day right of rescission rule for automobile loans?
Wiki User
∙ 15y ago
My daughter is test driving a 2004 Volvo in San Diego. She took the used car to a Volvo dealer for inspection. She found out the car was in a wreck. She's on the way back to "House of Cars" to return the car. She has not paid anything down, but she did sign papers. She picked up the car on Saturday. I hope she's withing the right of rescission period.
Wiki User
∙ 15y ago
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Does Ohio have a right of rescission rule for automobile loans?
no
Does New Jersey have a right of rescission rule for used automobile loans?
The right of rescission rule in New Jersey does not apply to used automobile loans. The New Jersey Consumer Fraud Act however does protect consumers for three days to rescind on a health club contract.
Used car right of rescission?
There is no right of rescission on the purchase of an automobile. That only applies to unsolicited sales.
Do I have automobile right to rescission in three days in Colorado on a signed contract?
I have purchased a car that I am not happy with do I have the right of rescission within three days to cancel the sale?
Does the 3 day right of rescission rule apply to car loans in Minnesota?
no
Does the 3 day right of rescission rule apply to home loans in Michigan?
The three-day right of rescission rule applies to all loans covered under the federal Truth in Lending Act. This is a federal law that applies to loans in all 50 states that fall under the guidelines set in the act. The majority of types of typical loans that homeowners take out on residential properties will be covered by the TILA, and have a three-day right or rescission, including loans in Michigan.
Is there a right of rescission on car purchases in MN?
No. The only time there would be a consumers' right of rescission is if the dealership contacted you at your home, brought the car to your home and signed the paperwork in your home. If you traveled to the dealership under your own free will, there is no right of rescission on the purchase of an automobile in the State of Minnesota.
Does the 3 day right of rescission rule appply to car loans in HI?
Nope unless its a door to door sale there is no rescission period in the state of Hawaii.
Does the 3 day right of rescission rule apply to construction loans?
Generally no. The Truth in Lending Act allows a right of rescission on equity lines of credit and refinances. You can read more about it at the link below.
Is a Car Purchase covered by the 3 day right of rescission law in California?
A car purchase is covered by the three day right of rescission in the state of California. The law actually reads as 72 hours, not three days.
Does the 3 day right of rescission rule apply to car loans in Indiana?
No, it only applies to unsolicited purchases, not autos.
Is there a 3 day right of reScission on auto loans in Maryland?
No. Maryland does not offer a "cooling-off period" for vehicle purchases.
