The rescission period for an MPOWER loan is a specific timeframe during which you have the right to cancel your loan request after signing the Final Loan Agreement without a penalty. This period is required by law and cannot be bypassed.
Key Points:
- Duration: The rescission period lasts for 4 business days.
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Cancellation Process: To know how to cancel an application click here.
- Contact Us Form: Alternatively, you can initiate the cancellation via the MPOWER Contact Us Form.
By understanding your rescission rights, you can make informed decisions about your financial commitments.