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Interest free loan

toeknee55
toeknee55 Posts: 1 Newbie
in Loans
My wife paid a 10% deposit for an interest free loan on a Wren kitchen. Due to an unforeseen change in circumstances, financial and personal, she can no longer afford it. Can she cancel the loan and get her deposit back. The salesman said that the kitchen does not exist until 4 weeks before installing so Wren have incurred no expenditure yet

Comments

  • Mark_d
    Mark_d Posts: 1,983 Forumite
    1,000 Posts First Anniversary Name Dropper
    It sounds like it would be a reasonable request.  Suggest your wife asks
  • Penguin_
    Penguin_ Posts: 1,483 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    What do the Terms & Conditions say that she will have signed up to?
  • DullGreyGuy
    DullGreyGuy Posts: 16,215 Forumite
    10,000 Posts Second Anniversary Name Dropper
    When was it paid?

    What do the cancellation terms say?
    Presumably you bought it in person rather than dealing with it all 100% remotely?
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