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- Newsgroups: ca.driving
- Path: sparky!uunet!spool.mu.edu!umn.edu!csus.edu!netcom.com!dman
- From: dman@netcom.com (Dallman Ross)
- Subject: Re: Contract cooling off period
- Message-ID: <1993Jan1.123000.21774@netcom.com>
- Organization: Netcom - Online Communication Services (408 241-9760 guest)
- X-Newsreader: TIN [version 1.1 PL8]
- References: <1992Dec31.205844.28942@netcom.com>
- Date: Fri, 1 Jan 1993 12:30:00 GMT
- Lines: 21
-
- Al Clark (aclark@netcom.com) wrote:
- : Quote from an installment contract I was offered:
- : "If you prepay this contract, we'll refund any unearned finance
- : charge using the Rule of 78 ...."
-
- : I didn't use it, but it was offered by an established lender in CA,
- : Norwest Financial.
-
- Hmm. Okay. So I was wrong on that point. Thanks for bringing it to
- my attention. Do you know if that was for secured loans, or perhaps
- only for unsecured?
-
- Good thing I qualified my earlier statement with it being "my understanding."
- Thanks again. <Happy New Year!>
-
- --
- __D_a l_l m a_n _ R o_s s _ |dman@netcom.com /or/ |"You sound like a man|
- l \\ l\\ /l /\\ l\\ l |dross@well.sf.ca.us |with a rubber nose." |
- l >)l \\ /ll / \\ l \\ l |vox/fax: 1.510.645.1883| -- One-Lung Bill |
- l // l \X ll/--- \\l \\ l |350 Perkins St., #108 | Remmer (deceased)
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