"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.
no
no
No, it only applies to unsolicited purchases, not autos.
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.
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.
No, the buyers remorse law does not apply to the purchase of a new or used vehicle.
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.
No, the three day rule does not apply to auto purchases and certainly not to a pre-owned ones. Customer beware!
yup
Nope unless its a door to door sale there is no rescission period in the state of Hawaii.
Yes no it depends on what area your in
No not under the currant laws of the state