In Pennsylvania, a buyer can rescind a home equity loan within:

A is incorrect because 1 business day is insufficient time for borrowers to fully understand their loan terms and make an informed decision. The minimum rescission period established by federal law is 3 business days.

C is incorrect because the rescission period is measured in business days, not calendar days. While 7 calendar days might seem longer, it doesn't align with the federal standard and could include weekends when lenders may not be available to process rescission requests.

D is incorrect because 30 days is the rescission period for certain types of reverse mortgages, not standard home equity loans. This option likely confuses the rescission period with other loan-related timeframes.