On friday i took out a loan but have since decided that i do not want to take the risk of borrowing

I have been to see the company that gave me the loan but they tell me because i signed the papers i cannot cancel. I thought i have 14 days to change my mind (I am in the UK)

On friday i took out a loan but have since decided that i do not want to take the risk of borrowing too much?

put the money in the bank and dont spend it. pay it off asap when you are legally able to. this will be good for your credit.

On friday i took out a loan but have since decided that i do not want to take the risk of borrowing too much?

Take the money and repay it in a few days. How much interest will you be paying over a week or two??? I seriously doubt they will return your payment to you.

On friday i took out a loan but have since decided that i do not want to take the risk of borrowing too much?

Being a previous Cahoot Loan customer, i know once the papers are signed you cannot council %26#039;as%26#039; you already signed. I think you can only change your mind if you%26#039;ve been approved but havent signed the papers yet. What you can do is bank the money and pay the loan of using the money theyve given you, but you%26#039;ll obviously have to pay extra due to the interest. I suppose that would be your best bet at the moment, or invest in something and get a return so you literally lose nothing!

On friday i took out a loan but have since decided that i do not want to take the risk of borrowing too much?

Put the money in the bank and pay it back as soon as possible. How much interest can there be in 30-days?

I don%26#039;t know about the U.K. but in the United States if you sign paperwork at the lenders office there is no waiting period. You are on the hook the second you walk out of the door.

In this country a lot of people get confused about the right of refusal law. Which states that if a customer signs paperwork at the place of business, the place of business has 72-hours to change their minds. If the customer signs the paperwork anywhere other than the place of business, they have 72-hours to change their minds.