Reliable and cheap loans online – this is the slogan that Honest Bank Pyczka attracts customers to use its services. If, after taking the loan, we decide to return it, we have such an opportunity. The Consumer Credit Act of May 12, 2011, regulating the activities of non-bank loan companies, guarantees that any signed payday agreement can be canceled. And more specifically:
Art. 53. 1. The consumer has the right, without giving any reason, to withdraw from the consumer credit agreement within 14 days from the date of the contract.
How to withdraw from the Honest Bank Loan payday agreement ?
The attached fragment of the act clearly states that we have exactly 14 days to withdraw from the signed contract from its conclusion. This means that during this period we can without a reason give the company that granted the loan a statement of withdrawal from the contract. If we do it for a certain period of time, the loan agreement is considered void.
A template of the said statement has been attached to the framework loan agreement and if you have taken out a loan online, it should be on the lender’s official website. In the absence of such a document, we can use the following universal templates for such a statement. The files are available in PDF and DOC format.
Termination of the Honest Bank Loan agreement
Honest Bank Borrower The loan has the right at any time, without incurring additional costs, to terminate a signed loan agreement with a 1-month notice period, counted from the day on which the lender receives the notice of termination.
The borrower who submitted such a declaration of withdrawal must, no later than within 30 days from the date of withdrawal, return the entire loan amount borrowed, together with capital interest, calculated from the date of receipt of the transfer to the day of the expiry of 30 days from the date of withdrawal. All bank transfer details and bank account number can be found in the loan agreement.
Withdrawal from the Honest Bank Loan agreement – consequences
The amount of the above-mentioned capital interest on a daily basis due within 30 days from the date of submission of the statement on withdrawal from the loan agreement is: 0.027%. If the loan is not repaid within 30 days, we may be charged interest for delay equal to twice the sum of the reference rate of the Good Finance of Poland and 5.5 percentage points (maximum interest for delay) – currently 14% per annum.
Withdrawal from the Honest Bank loan agreement – how to deliver a letter?
A model statement of withdrawal from the contract can be found after logging in to the Customer Profile on the lender’s website, as well as on the main page Honest in the bottom tab “DOCUMENTS” in the field: Loan Framework Agreement. A correctly completed form should be sent to the lender. For this purpose, we can use the services of traditional e-mail or e-mail by sending an e-mail.