answersLogoWhite

0


Best Answer

No...once you leave the dealers lot with the car it's your.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Does the 3 day right of rescission rule apply to car loan in Georgia?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is there a Right of Rescission law in Delaware?

There is a right of rescission law in Delaware. It allows a loan to be rescinded one business day after loan proceeds are issued to the title borrower.


What is rescission of acceleration of loan maturity?

what does Notice of Rescission of Acceleration of Loan Maturity mean


Is there a three day right of rescission on a car loan in NJ?

heck if i know


What are the rules for equity loan refinance in the UK?

The rules for equity loan refinance in the UK are that consumers have a right to cancer a equity loan up to three days after signing a contract for an equity loan. This new rule is called the right of rescission.


Does the 3 day right of recession apply to money used for business and to do home improvements?

The rescission period applies to residential mortgage refinance transactions and non-purchase equity loans. The way these funds are ultimately used does NOT affect that 3 day period. If the loan is a purchase loan or business loan, this may not be the case.


Does the 3 day right of rescission rule apply to lot loans?

"You should have three days (not including Saturday, Sunday or a bank holiday) to rescind your loan. Call the title company and find out if it must be in writing. Usually there is a document in the pack of papers they give you that states the dates involved and how to do this." *Correction:* The 3 day right of rescission applies only to Refinancing, Home Equity loans, or 2nd Mortgages of your primary residence. It would not apply to lot loans because lot loans are considered a secondary transaction (not your primary residence). Also, Saturday would count as a rescission day. Sunday, or holidays do not count.


Can cosigner change his mind after signing the contract?

No. Once you have signed you are responsible for making sure the loan is paid. (An exception would be contracts signed at your home which have a right of rescission built in.)


Are there any programs in Georgia that offer fast cash without going online?

You can take out a pay day loan, which does not require that you apply online, you can apply in person to take out the funds you are looking to apply for.


How do you cancel a car loan?

If you are within your three days of rescission, you return the car and are good to go. Otherwise, you are liable for the loan. You probably need legal advice to do otherwise.


What is a Notice of Rescission of Declaration of Default and Demand for Sale and Notice of Default?

A Notice of Rescission of Declaration of Default is a mortgage loan that was once in default, and a notice of default would mean that the loans are still currently foreclosed in a way.


Can you return a car with in 3 day in minnesota?

Unfortunately, no. There is a 3-day rescission period for getting a home loan but not for buying a car.


How do you apply for obama home loan?

Apply for a USDA FHA rural loan. 30 year loan, with no down needed. No PMI!