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Cooling off period/window in loans. Did you know?

Did you know? If, within 10 working days of acquiring the loan, you realize you no longer want the loan, please take back the money back to the bank. This is called cooling off period/window. You will only be charged not more than 5% of the total loan amount as the cost of processing your loan but you will not pay interest since you have not utilized the money.

Vote and earn 30 💰 Rewards, which is equal to USD 30 cents when it comes to build your 🔐 Virtual Pocket for a future 💵 Micro Loan.

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Find out more about cooling off period/window with this video by the Bank of Uganda.


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35.71% votes
64.29% votes
0% votes
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