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How to cancel credit card free installment? Pay attention to these things
Credit card consumption can be handled in free installments or bill installments. Free installments are handled before the bill comes out. It can be an installment for a single transaction or an installment for all transactions before the bill is issued. However, after the free installment is successfully applied for, it will be included in the current bill amount, so many people regret it after applying for it and want to cancel it. So, how to cancel the free installment of credit card? This depends on the regulations of each bank. Some banks cannot cancel after free installment, while others must cancel within the specified time.

1. If you cannot cancel after the installment, there is no other way. The bank does not support cancellation. It will be useless if you ask anyone, and you cannot confront the bank. If you really want to cancel, then the only way is to apply for early repayment. Terminate staging. But this method is obviously not cost-effective. Nowadays, many banks do not exempt the handling fees for the early repayment of installments that have been processed. No matter how many installments are repaid in advance, all unpaid handling fees must be paid back in one go. However, some banks may waive the remaining unallocated handling fees, but will charge an early repayment fee, which is generally 3% of the outstanding principal.

2. Cancellation of free installments within the specified time is usually done before the bill comes out. Therefore, if the bank supports the cancellation of installments, it must be canceled on the bill. Otherwise, you cannot cancel it when the bill comes out. . If you want to cancel, you usually have to call the customer service number of the card issuer within the specified time. The installment will be canceled after the bank approves it. The above is the relevant introduction to "How to cancel credit card free installment", I hope it will be helpful to everyone. In short, whether the credit card free installment can be canceled mainly depends on the bank's regulations. In order to avoid being unable to cancel after application, everyone should consider carefully when applying for free installment.