Letter to cancel agreement within 14 day period - Template needed

[BrownEggs]

Hiya peeps,

 

I need to send notification to a couple of payday loan companies exercising my right to cancel the agreement within the 14 day period, as stated in their T&C's.

 

I wondered if anybody has a template for such a letter, one that states everything I need to tell them, that wouldn't give them any scope to stall for time because I'd missed anything out etc. So something that is clear and concise enough to leave no room for argument, and possibly go over the 14 day limit.

 

Over and out, BrownEggs

[citizenB]

I dont think there is a template, so I will ask site team if they can assist you.

[Ell-enn]

Hi there, firstly - do you have the correct postal addresses for these companies ? some of them seem to have more than one address.

[BrownEggs]

Aye, aye. I've done a proper James Bond and hunted high and low for as many addresses I can find for these particular companies. I have also hunted out as many email addresses as I can for each company, and will CC copies of the letters to each and every one of those email addresses.

I can also track the delivery and receipt of each sent email (as long as they haven't blocked return receipts, which they probably have). I have ways and means!!

 

I just wish I was as dapper with my money management skills as I am with computers.

[Ell-enn]

In that case all you need to say is:

 

Dear Sirs,

 

Ref: XXXX

 

In accordance with your terms and conditions regarding cancellation of a loan within 14 days - I hereby give you notice that I wish to cancel my above referenced agreement with you effective (time) (date).

 

(Signature)

[Jamie Kingston]

By cancelling I assume you'll have to repay their loan back WITHOUT interest. Some try and levy an admin fee so watch out for it.