STATEMENT OF RIGHT TO CANCEL. 12.1 The CCCFA gives the Member a right for a short time after the terms of this Agreement have been disclosed to cancel the contract.
STATEMENT OF RIGHT TO CANCEL. The Credit Contracts and Consumer Finance Act 2003 gives You the right for a short period of time after the terms of this Agreement have been disclosed to You to cancel the Agreement by giving notice to Us.
STATEMENT OF RIGHT TO CANCEL. The Credit Contracts and Consumer Finance Xxx 0000 gives you a right for a short time after the terms of this contract have been disclosed to you to cancel the contract.
STATEMENT OF RIGHT TO CANCEL. The Credit Contracts and Consumer Finance Xxx 0000 gives you a right for a short time after the terms of this Agreement have been disclosed to you to cancel this Agreement.
STATEMENT OF RIGHT TO CANCEL. 10.1 The CCCFA gives the Member a right for a short time after the terms of this Agreement have been disclosed to cancel the Agreement.
10.2 The Member must give written notice to the Credit Union, of the intention to cancel the Agreement within 5 working days of the date this Agreement is disclosed to the Member for the purposes of the CCCFA. That’s usually the date this Agreement is signed by both the Credit Union and the Member.
10.3 To cancel, the Member must give the Credit Union written notice of intention to cancel by:
10.4 The Member must also return to the Credit Union any Advance or Advances made under the Agreement, within the same timeframes.
10.5 Upon cancellation, the Credit Union can charge the Member:
(a) the amount of any reasonable expenses the Credit Union had to pay in connection with the Agreement and its cancellation (including legal fees and fees for credit reports, etc.); and
(b) interest for the period from the day the Member received the Advance until the day that Advance is repaid.
10.6 This statement only contains a summary of the Member’s rights and obligations in connection with the right to cancel. If there is anything about the Member’s rights or obligations under the CCCFA that the Member does not understand, if there is a dispute about the Member’s rights, or if the Member thinks that the Credit Union is being unreasonable in any way, the Member should seek legal advice immediately.
STATEMENT OF RIGHT TO CANCEL. The Credit Contracts and Consumer Finance Act 2003(as amended from time to time) gives you a right for a short time after the terms of this contract have been disclosed to you to cancel the contract. How to cancel If you want to cancel you must give written notice to the creditor. You must also return to the creditor any advance and any other property received by you under the contract Time limits for cancellation If the disclosure documents are handed to you directly you must give notice that you intend to cancel within 5 working days after you receive the documents. If the disclosure documents are sent to you by electronic means (for example, email) you must give notice that you intend to cancel within 5 working days after the electronic communication is sent. If the disclosure documents are mailed to you, you must give the notice within 7 working days after they were posted. Saturdays, Sundays, and national public holidays are not counted as working days. What you may have to pay if you cancel If you cancel the contract the creditor can charge you (a) The amount of any reasonable expenses the creditor had to pay in connection with the contract and its cancellation (including legal fees and fees for credit reports, etc) and (b) Interest for the period from the day you received the advance until the day you repay the advance. This statement only contains a summary of your rights and obligations in connection with the right to cancel. If there is anything about your rights or obligations under the Credit Contracts and Consumer Finance Act 2003(as amended from time to time) that you do not understand, if there is a dispute about your rights, or if you think that the creditor is being unreasonable in any way, you should seek legal advice immediately. Payer Details To the manager AUTHORITY FOR AUTOMATIC PAYMENTS Not to operate as an assignment or an agreement Important – Please Tick Name of Bank .............................................................................. X This is a new authority, or Branch .............................................................................. As from / / (first payment date, this authority replaces existing Name of Account .............................................................................. authorities for $ in favour of the same p ay ee Account Details On behalf of (name if other than payer) ....................................................................................... Bank/Branch/Account Number...
STATEMENT OF RIGHT TO CANCEL. 31.1 If the Term Loan Agreement is a consumer credit contract for the purposes of the Credit Contracts and Consumer Finance Xxx 0000 (“Act”) that Act gives you a right for a short time after the terms of this contract have been disclosed to you to cancel the contract.
STATEMENT OF RIGHT TO CANCEL. If you are unable reasonably to keep up your payments or other obligations because of illness, injury, loss of employment, the end of a relationship, or other reasonable cause, you may be able to apply to us for a hardship variation. To apply for a hardship variation, you need to:
STATEMENT OF RIGHT TO CANCEL. If you pay the unpaid balance in full before the final payment is due (full prepayment), you may be required to pay a fee or charge to compensate the creditor for any loss resulting from the full prepayment. The creditor may have suffered a loss if the creditor's current interest rate is lower than the interest rate applying to your original consumer credit contract. You may also have to pay the creditor's administrative costs relating to the full prepayment. The amount you may have to pay to compensate the creditor for the loss is calculated using the formula prescribed in regulation 9 of the Credit Contracts and Consumer Finance Regulations 2004. The Credit Contracts and Consumer Finance Act 2003 gives you a right for a short time after the terms of this contract have been disclosed to you to cancel the contract.
STATEMENT OF RIGHT TO CANCEL. NOTE: THERE ARE STRICT TIME LIMITS FOR CANCELLATION The Credit Contracts and Consumer Finance Act 2003 gives you a right for a short time after the terms of this contract have been disclosed to you to cancel the contract.
