The rescission period applies to residential mortgage refinance transactions and non-purchase equity loans. The way these funds are ultimately used does NOT affect that 3 day period. If the loan is a purchase loan or business loan, this may not be the case.
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Right now it's 1409 US dollars, but it changes every day.
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State of Washington does not have a 3 day right of rescission on the purchase of any vehicle. The 3 day right of rescission I belive is limited to in home purchases such as a solicitor that comes to your home.
The rescission time for time-shares in Ohio is 3 business days. The rescission period ends on the third business day at midnight.
Right of rescission does not apply to a car purchase, new or used.
There is a right of rescission law in Delaware. It allows a loan to be rescinded one business day after loan proceeds are issued to the title borrower.
yes, depending on the lender, but not usually.
yup
no
heck if i know
A car purchase is covered by the three day right of rescission in the state of California. The law actually reads as 72 hours, not three days.
Nope unless its a door to door sale there is no rescission period in the state of Hawaii.
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.
Nothing "happens after it". Everything continues on just as it has been.