Can I cancel my loan agreement?
Once you sign the agreement, you have 2 days to cancel if you change your mind. You do not have to give a reason. If the lender is closed one of those days, you get an extra day to cancel. This is called the cooling-off period.
You can cancel any time if the lender does not give you the money, does not give you a copy of the agreement, or if they break the rules.
When you cancel the agreement, you have to return the money you borrowed but you do not have to pay any fees.
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