A: The time lenders have to refund consumers for F&I product cancellations varies by state regulations. But in general, refunds are owed to consumers within 30 to 90 days from the date of cancellation. With Refund Control^© by LCT, you can refund your consumers at any time without losing visibility on any of your dealer receivables. Additionally, for lenders that use dealer reserve, Refund Control^© allows for the tracking of any debits or credits in the event of an overage due back to a dealer.