News1 min ago
contract
how long have i got to pull out of a contract. case in point i bought a car and on getting home read the contract and it was not what i agreed
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For more on marking an answer as the "Best Answer", please visit our FAQ."Cooling off period
A cooling off period is defined as the period of time you're allowed, after signing an agreement, to cancel it without incurring a financial penalty.
Legislation regarding cooling off periods is complex. Indeed, there are five main pieces of legislation consumers can call upon if they wish to back out of contracts they've entered into. It should be noted that cooling off periods may vary from 5 days to 30 days, depending on the type of product agreement reached and how the agreement was reached.
The best known protection for consumers is the Consumer Credit Act 1974. Here, the cooling off period is 5 days, applies to credit agreements and commences from the time the second copy of the agreement is received by the consumer. It assumes the contract was signed away from trade premises and there have been face to face negotiations with the seller."
A cooling off period is defined as the period of time you're allowed, after signing an agreement, to cancel it without incurring a financial penalty.
Legislation regarding cooling off periods is complex. Indeed, there are five main pieces of legislation consumers can call upon if they wish to back out of contracts they've entered into. It should be noted that cooling off periods may vary from 5 days to 30 days, depending on the type of product agreement reached and how the agreement was reached.
The best known protection for consumers is the Consumer Credit Act 1974. Here, the cooling off period is 5 days, applies to credit agreements and commences from the time the second copy of the agreement is received by the consumer. It assumes the contract was signed away from trade premises and there have been face to face negotiations with the seller."
We need to know how the contract is different to what you expected.
Cooling off periods generally apply where the contract was signed away from the business premises.
You are supposed to have read all the terms and conditions before you sign the contract on business premises, and signing indicates that you have done so.
More info please.
Cooling off periods generally apply where the contract was signed away from the business premises.
You are supposed to have read all the terms and conditions before you sign the contract on business premises, and signing indicates that you have done so.
More info please.
the contract had me down for payment protection and warranty on the car even though i specifically asked not to have these as i will be paying the balance left on the car in full in a few months . and have a relation in a garage .
admittingly i should of read the contract there and then but alas i never
admittingly i should of read the contract there and then but alas i never