You can't.
After the user applies for credit card installment, the system will execute it immediately, and the user can't cancel it. Users who make mistakes in installments can choose to repay in advance, but the one-time deducted handling fee will not be refunded. Therefore, users must consider carefully before staging, and if they want to cancel later, they need to bear certain losses themselves.
In addition, if it is an installment credit card, it will be automatically phased after consumption, and users can set the installment amount higher, which can avoid a large number of small installments.
If the card is swiped offline, the user will pay in installments, and the cashier will let the user swipe the card on the POS machine with special installments. If you pay online, there will be a special page for installment payment, directly select the number of installments, and then pay by credit card. Successful payment is equivalent to credit card installment payment. So credit card installment payment is supported online and offline.
After the credit card installment payment is successful, the user is not allowed to modify the installment number, but can repay or pay off in advance. Note that paying off in advance may charge a certain penalty.
Credit card installment repayment refers to the process that when the cardholder uses the credit card to make a large amount of consumption, the bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and then the cardholder repays the money to the bank in installments and pays the handling fee.
After reaching an agreement with the bank, the cardholder can apply for repayment by installments for outstanding bills, or for large consumption such as car purchase and decoration. If the cardholder is in urgent need of cash turnover, he can apply for cash transfer or withdrawal within the cash advance limit of the credit card.
It should be noted that according to relevant regulatory regulations, cash advance business does not enjoy interest-free repayment period and minimum repayment amount in principle, and cardholders can apply for repayment by installments if necessary.
For credit card installment business charges, you should know something about it.
Banks usually charge a certain interest or handling fee for credit card installment business. If consumers encounter the bank's promotion of "interest-free installment" of credit cards, please be sure to understand the specific meaning, because interest-free does not mean free.
Some banks will charge a certain percentage of fees for installment business, and the rates corresponding to different installments are different. Consumers can choose to pay in installments or at one time.
When handling credit card installment business, consumers should carefully read the terms of the contract, especially the calculation of handling fees and liquidated damages, and ask the bank for confirmation when necessary, so as to avoid the excessive personal financial cost caused by excessive installment, and eventually the credit information will be damaged due to the loss of income.
I don't want to pay by credit card bill. Can I cancel it?
Many people will use credit card bills to repay in installments to reduce the burden of credit card repayment. But if you don't want to use the bill installment any more, can you cancel it? Next, I will answer this question for you.
Generally speaking, credit card bills can't be cancelled after being applied in installments, but it still depends on the specific situation, but there are basically only two situations:
1. The application has not been processed.
Generally speaking, there will be a period of time after the cardholder submits a credit card bill installment application to the bank. During this period, the bank will investigate the cardholder's use of the card, and the results obtained after the investigation will decide whether to approve the cardholder's application. During this period, the cardholder can call the bank's credit card customer service and ask to cancel the credit card bill installment.
2. The application has been processed.
When the cardholder's bill installment application has been processed and passed the internal audit of the bank, it is a pity that the credit card bill installment application cannot be cancelled.
Although the installment of credit card bills cannot be cancelled, there is also an installment fee. But if you want to end the installment, there is only one way to pay off the installment principal and all the handling fees in advance. The installment fee includes the fees without installment afterwards, that is, the installment is ended early, and most banks will not reduce the fees.
If the cardholder wants to end the installment in advance, he can call the bank credit card customer service to apply for early repayment, and then pay off the principal and handling fee.
The above is the relevant content for everyone to introduce. If the credit card bill is divided into installments, once the application is processed by the bank, it cannot be cancelled, nor can the number of installments and the handling fee be changed. Remind everyone that before credit card installment, you must consider your own situation and don't choose blindly.
Can credit card installment be cancelled?
After applying for credit card installment, you can apply for cancellation before the implementation of the system or within the cancellation time specified by the bank. If credit card installment repayment has started, installment cannot be cancelled. The credit card can be repaid in advance after installment, which can save the expenses of handling fees and the cost of repayment, and release the occupied credit line after prepayment.
Using credit card to repay by installments must meet certain conditions, such as the minimum consumption amount. The bank will provide users with the number of installments when handling the installment, and then choose according to the user's repayment ability. You can call the bank credit card service hotline directly for installment.
After daily credit card use, you must repay it on time, and there can be no overdue situation, because there will be penalty interest after it is overdue. The longer the time, the more penalty interest will be, and the bank will collect it after it is overdue. If it is not repaid for a long time, the bank may lend money and must repay it after being judged, otherwise it will be enforced.
The overdue repayment of credit cards will be uploaded by banks to the Credit Information Center of China People's Bank, which will lead to the deterioration of personal credit information and affect the subsequent loan processing. In order to ensure that the credit card can be returned on time after use, users can think about what income they have used in advance when using the credit card. If the income is not much, they should use it carefully at this time.
Can I cancel credit card installment and credit card installment? This concludes our introduction. I wonder if you found the information you need from it?