I think the salesman pressured me into buying credit life and disability insurance and an extended contract when I didn’t really want one. What can I do?
You can immediately write to the insurance company or service contract provider and cancel either the contract or the insurance. However, do this sooner rather than later. Refunds under these services are often calculated under a method called the Rule of 78s which deducts a larger amount at the beginning of the loan term and a lesser amount in later periods.
