if you want to repay your credit card in advance after the installment, you need to call customer service first to apply for ending the installment business. After the application, you need to pay off the installment amount and installment fee in one lump sum.
at present, the repayment order of credit card is that the bill has been paid first, and then the bill has not been paid. When repaying, you need to pay attention to the total amount of repayment. If it is overpaid, the overpaid part will become an overpayment.
Credit cards are different from savings cards. There is no handling fee for withdrawing cash from savings cards, but a handling fee is required for withdrawing the overpayment deposited in credit cards. For the credit card overpayment of China Merchants Bank, the withdrawal fee is .5% of the cash withdrawal amount, and the minimum charge is 5 yuan RMB and US$ 1.
in addition, if the cardholder does not use the credit card for a long time, the overpayment will always exist, and it will turn into bad debts of the credit card for a long time.
If you have overdue records online or loan records from multiple platforms, your records will be subject to big data risk control. When your online loan platform often rejects you, even the flower garden will be closed. If there is any abnormality in your online hacking data, you can find out: Beijian Quick Check, you can get your own big data and credit status, you can get various indicator data, you can query your own personal credit status, blacklist, online loan application record, application platform type, overdue amount, whether there are arbitration cases, and other important data information.
Extended information:
What is the impact of returning the credit card in advance?
prepayment by credit card is not so bad, and the bank itself supports prepayment. The credit card also enjoys the interest-free period, so as long as it is paid in full on time before the repayment date (inclusive), it will not generate interest, as long as the consumer principal is repaid. Therefore, there is not much difference between prepayment before the repayment date and repayment on the repayment date.
of course, if the credit card bill contains the unpaid part before or the credit card has been cashed out, you will no longer be able to enjoy the interest-free period. In this case, early repayment will naturally reduce the interest to be paid.
However, if the borrower prepays more times, the bank may not get any income, so as to carry out risk control.
although the credit card installment bank will not charge interest, it will charge a corresponding handling fee. In many cases, the bank will charge the handling fee for the whole installment when paying the down payment. Even if the cardholder chooses to repay in advance in the future, the bank will not refund the handling fee. Moreover, when applying for credit card installment, relevant contracts will be signed, and prepayment is a breach of contract, which will leave a bad impression on banks.