NewsABC Action News (WFTS) — ConsumerAugust 12, 2026Hillsborough
Federal law provides a 3-day cooling-off period for specific consumer contracts
Federal law grants consumers a three-day right to cancel certain contracts signed away from a seller's permanent place of business. This rule applies to specific types of home improvement, service, and warranty agreements, allowing buyers to back out without penalty within the designated timeframe.
Read the full story at ABC Action News (WFTS) — ConsumerWhy It Matters
This rule determines whether a consumer can legally void a signed contract and receive a refund for services or goods purchased outside of a traditional retail store.
Key Facts
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Who's Mentioned
personJosh Planos“Representative with the Better Business Bureau who explains the cooling-off rule”organizationFederal Trade Commission“The federal agency that enforces the cooling-off rule.”organizationBetter Business Bureau“Organization providing consumer advice on contract cancellations.”personKaren Toms“A homeowner who signed a $30,000 contract for kitchen renovations and later regr”