I app**** for a. Loan, was approved and money in my account and I had not even received the contract yet. The same day, I sent an email advising Id like to cancel the loan and sent one again today as I had not received a response. I then called in today advising I'd like to cancel and was told I can't cancel, I have to settle but PAY R1300 interest in a day old loan. I still have not received the contract or the settlement letter promised. What I want to know is, why on earth I should pay R1300 interest for a loan I am canceling within 24 hours. Am I not entitled to a cooling off period?
Best regards,
Best regards,
Best regards,
Best regards,
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