Update your browser to view this website correctly. Its Registered Office is One Callaghan Square, Cardiff, CF10 5BT. What should I do if I change my bank account? "It appears upon looking into the terms and conditions with this lease company there is a requirement from the Financial Conduct Authority that you have a 14 day "cooling off period" which means that unfortunately you won't be able to pick your new car up for another 10 days or so, this was only apparent from our side when we chased up with the lease company." The very, very first Oodle loan was given. Most finance providers don't allow delivery of the vehicle until the ‘cooling-off’ period has expired. you can raise a formal complaint with the Motor Ombudsman . You do not have to give any reason for cancelling, but bear in mind you may have to pay for the cost of returning any items to the business. And we love them back, by perpetually improving service with an ever-growing trusted network of great car dealers to choose from. Since 2017, we’re proud to have won a host of prestigious awards, including: International Asset Finance Network Awards 2019. Oodle Financial Services Limited is authorised and regulated by the Financial Conduct Authority (Reference Number 702459). The NCA limits the right to a cooling off period to leases and installment agreements incurred on a place other than the registered premises of the credit provider. I'm changing my reg number, what do I do? How do I let you know that I’ve moved house? We never like hearing that someone’s had an unsatisfactory experience with Oodle. Do I need to keep my Direct Debit active? That way you can get back to doing what you love most – driving. 7 replies 14.9K views 02ktown Forumite. Cancelling the vehicle order is a different matter from cancelling the finance. We know and trust our dealer network, and they repay us with great customer service and supportive after-sales. 07277272. What should I do if I cannot access Tully? Oodle Financial Services Limited is authorised and regulated by the Financial Conduct Authority (Reference Number 702459). I have now had two finance deals with Oodle and they recently helped me find a new car. 4 The costs of cooling-off periods 19 4.1 Delays in transactions 19 4.2 Administration and compliance burden on business 20 4.3 Moral hazard 20 5 Design features of cooling-off periods 23 5.1 Length of cooling-off period 23 5.2 Taking possession of goods 24 5.3 Process for cooling off 25 5.4 Fee for exercising cooling-off rights 25 Its Registered Office is One Callaghan Square, Cardiff, CF10 5BT. And wants to do it again, and again. The 14 day right to withdraw from a finance agreement is a right to withdraw from the finance agreement only it … Oodle Car Finance is a trading name of Oodle Financial Services Limited which is registered in England & Wales, under Registered No. 3) There is an automatic cooling-off period under a statute. So we ask for reviews, and we love to receive them. 07277272. I’m bankrupt, can I still get an Oodle loan? In less than seven months, we’ve doubled our headcount. With your finance agreement, there is a 14 day cooling off period, so you should contact your finance provider to discuss this, and they should be able to cancel the agreement for you. Companies should provide you with written details of your right to cancel within 5 working days of any application. The table below gives some statutory cooling-off periods in Nova Scotia. If you choose to cancel after that, you will likely incur charges. Oodle Financial Services Limited is authorised and regulated by the Financial Conduct Authority (Reference Number 702459). Christmas opening hours: 24th-28th December - closed, 29th-30th December - 8am-8pm, 31st December - 8am-4pm, 1st Jan - closed. If you’ve got a question about Oodle, you may just find the answer here. Will financial support impact my agreement? Simple, streamlined and intelligent car buying, with personalised service and support. You have the right to cancel a credit agreement if it’s covered by the Consumer Credit Act 1974. You don’t have to tell the firm your reasons for changing your mind. We officially acquired Carsnip, our go-to car search engine provider. Various scenarios have different cooling off period requirements, as explained in the following paragraphs. Which means we need more keen Oodle team members. Normally, the cooling off period can extend from a minimum of 14 to 30 days from when you signed the agreement depending on the financial product concerned. Outdated Browser. ... but there is no cooling off period as you signed in on his premises . Oodle Car Finance is a trading name of Oodle Financial Services Limited which is registered in England & Wales, under Registered No. If you’d like to help us make things better, please get in touch by calling our customer services team on 01865477826. Incorporating the latest tech innovations, we keep our customers in control, every step of the way. To find out more or to change your settings please see our Cookies Policy. Its Registered Office is One Callaghan Square, Cardiff, CF10 5BT. Many thanks. Oodle Financial Services is a member of the Finance & Leasing Association and complies with its Lending Code, a copy of which we will provide on request. While officials say the cooling-off period will prevent impulsive divorces, critics say it will obstruct the rights of those who want to split up and prolong the suffering of people — especially women — who are trapped in abusive or unhappy marriages. "Cooling Off" Periods. Oodle Car Finance is a trading name of Oodle Financial Services Limited which is registered in England under Registered No. During that time you have the right to change your mind about the investment. This website uses cookies to offer you a better browsing experience. Update your browser to view this website correctly. We reach the capital, as our London office opens. dangtfc Forumite. You are unregulated if you are: A limited business (Ltd) A partnership with 4 or more partners; This means that as soon as you sign, your order stands. Vehicle until the ‘ cooling-off ’ period growing even faster guide as your go-to guru... The business by law has to refund you within 14 days words, you will incur! 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