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Rebate for settling PCP

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Comments

  • MyRealNameToo
    MyRealNameToo Posts: 2,457 Forumite
    1,000 Posts Name Dropper
    For some reason I thought that if you sign a finance agreement "remotely" that it afforded you more time to pull out of the finance without a penalty. As the first payment was still over a week away I thought I would just get charged the interest on the number of days until my settlement payment arrived with them.
    Financial services have their own set of rules and are carved out of the likes of the CCRs etc. Generally it's a 14 day cooling off period with no impact on if it was remote or in person (non-finance you typically dont get any cooling off for in person). A few products are longer but again remote/in person doesnt make any difference. 

    Unfortunately one to check before buying if you have any doubts 
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