Credit cooperatives don't need loans, and they can't get their money back. They need to make their own repayment, but as long as the money is paid back, it will be displayed on it. So you must think carefully about how much money you need to bring to borrow. If you leave too much or too little, it will also cause some troubles to your life, so you must estimate the approximate amount before borrowing. Some people go back on their word after applying for a loan. Faced with such a situation, how should they cancel?

First, the cancellation of loans at different stages.

1, not approved.

When applying for a loan, it is only temporary relief, but after submitting the loan, the borrower wants to cancel the loan for some reasons. At this time, if the loan contract has not been signed, the borrower can terminate the loan application. Just contact customer service to apply for cancellation of the loan before approval.

2. borrow money.

Generally, approval is in the lending stage. It's troublesome to cancel at this time, but as long as the money doesn't arrive, you can still contact the account manager or customer service. Cancelling the loan at this time may have an impact on your credit information and may result in a certain penalty.

3. The loan has been made.

If the loan is already in the process of issuance or has arrived, it is basically impossible to cancel the loan. If you don't want to use the loan, you can pay it back in advance, so there will be no interest. However, some lending institutions have certain restrictions on prepayment, such as not allowing prepayment within a certain period after the loan, or paying liquidated damages for prepayment, or not supporting prepayment.

Second, consider whether you really need a loan.

There is still a stage under review. If you want to cancel this stage, you need to find customer service, but you may face certain punishment, and it may also have a certain impact on your credit information. So you must consider whether you really need this loan before lending, instead of trying it on a whim. Otherwise, it will definitely bring some negative effects to your credit information or your life, especially at this stage of lending. When looking for a loan company, find a more formal platform, even if it is impossible to continue lending under special circumstances, there is a certain guarantee.