In the process of applying for a credit card, sometimes there may be some situations that need to cancel the application. However, many people are worried about whether canceling the application will have a negative impact on personal credit records. This paper will discuss the feasibility of voluntary cancellation during credit card application and its influence on credit record. Interested friends come and have a look!

there is usually an audit stage before it is formally approved by the bank. At this stage, the holder can take the initiative to cancel the ongoing credit card application at any time. Credit card applicants can voluntarily cancel their applications, but they need to contact the relevant banks or financial institutions, explain that they want to cancel the current credit card applications, and complete the necessary procedures and confirmation steps that may be involved. Credit investigation is one of the important bases to measure personal qualification and repayment ability. Therefore, many people are concerned about whether they will generate credit records that are not conducive to future loans or other financial transactions because of their active cancellation. Active credit card applications currently in progress usually do not leave a negative impact on the credit record. However, the following points should be noted:

1. Before canceling the application, make sure that you have not provided relevant personal information to other institutions.

2. keep communication with banks or financial institutions during the cancellation process, and consult about possible follow-up treatment or document update.

in addition, please consider the following factors when deciding to cancel the credit card application that has been approved but not yet activated; If the applicant plans to carry out important lending activities in the near future, the cancellation of the application may have a positive impact on the future trading conditions. For example, avoiding excessive overdraft limit may help to maintain good lending capacity. The cancellation of non-annual fee or low-cost credit cards that are in progress and are not expected to be used immediately may have less impact on credit records.

to sum up, during the credit card application period, the holder can choose to cancel the application in progress voluntarily. This usually does not have a negative impact on personal credit records. However, when deciding whether to cancel, please consider the current personal loan demand, estimated use time and other financial transaction factors. The most important thing is to keep good communication with banks or financial institutions and keep abreast of relevant policies and procedures to avoid possible problems.