Big Misconception by consumers:

THERE IS NO 3 DAY COOLING OFF PERIOD 
FOR MOST CONTRACTS!

There are exceptions:

1.---If the supplier makes first contact with you at your home;
2.---Prepaid entertainment contracts (health clubs, dating services, dance lessons);
3.---Federal law may require certain mortgagees to permit 3 days to change your.
------your mind. f you visit a showroom (for a vehicle, a hot tub, or furniture) if you
------sign, you bought it!

SHOULD I READ THE CONTRACT BEFORE SIGNING?

Well, yes, of course. In reality, no terms will be changed if you don't like them. Most contracts are: 

Take it or leave it" deals as to price and most everything else
On standard forms so as not to permit true negotiation
In small print 
Contain legal mumbo jumbo
Take too long to read anyway

The truth is that you will not understand everything that you read even if you do read it. Still, you will feel foolish if you later discover something you did not realize was in there. So, at least read the numbers and figures that are filled in all blanks, and read what is right next to them, right above them, and right below them, too. 

YOUR RIGHTS

In addition to your legal duty to read, as a consumer, you also have: The right to read...  And you cannot read unless you have the opportunityto read. So:

1.---Is the salesperson going too fast? Slow him or her down. 
------No need to feel dumb.
2.---Is the salesperson covering up part of the contract as he or she 
------points to where to sign?
3.---Ask what each document is for before you sign.

CO-SIGNERS - Read very carefully that which is directly above or below the blank where you are to sign. Make sure that you sign in a co-signer capacity. If the salesperson says that it does not matter, he or she is very incorrect.