First of all, it should be pointed out that it should be a credit card write-off, and there is nothing called combined cancellation.

Literally understood, it means to approve the cancellation. From an accounting perspective, it means that certain sluggish accounts should be written off after approval. Banks use write-offs when disposing of bad debts in asset businesses such as loans and credit cards because bad and bad debts cannot be completely resolved. This means forcing banks to eliminate existing loan accounts and provide certain compensation (the amount depends on the situation). (determined) method, so it is definitely a loss for the bank. Moreover, bad debts are written off using profits, which will reduce the bank's income for the year. However, the Banking Regulatory Bureau generally has index requirements for banks' non-performing loan ratios, so each bank must comprehensively consider profits and non-performing indicators. Decide whether to proceed with write-off.

Finally, a reminder that the write-off of bad debts on credit cards is only the bank’s internal accounting processing and does not mean the termination of the contract between the credit card holder and the bank. The credit card holder is still obliged to repay the outstanding amount and all interest payable. , otherwise the bank will still pursue legal recourse.