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How to cancel installment payment on credit card

You can cancel by contacting customer service or going to the bank directly.

If you need to cancel the installment or repay it in advance, you need to apply for installment settlement. The unpaid installment principal and handling fee must be paid off in one go. Early settlement cannot be cancelled. It is recommended that you give priority to keeping the installment. . If you insist on settling the payment, please call the credit card customer service hotline to be transferred to manual processing.

There are two situations when a credit card cancels installment repayment:

1. If the installment repayment is not executed or is within the cancellation time specified by the bank, you can directly call customer service or operate online. Cancel installment.

2. If the installment has already started, it cannot be canceled. You can choose to repay it in advance, but repaying it in advance will not save the handling fee. Specific operations:

Cardholders can call the credit card customer service to apply for early repayment of installments after the current installment bill date, and no additional early repayment fees will be charged. The unamortized principal and handling fees of the cardholder's installment payment will all be included in the cardholder's current bill at the end of the early repayment application date, and will be fully included in the minimum repayment amount. They will no longer be charged on subsequent billing dates. apportionment.

Credit cards are issued by commercial banks to individuals and organizations. They can use them to shop and consume with special organizations and deposit and withdraw cash from banks. They are special carrier cards with consumer credit. They are in the form of a card with the card issuing number printed on the front. Cards with bank name, validity period, number, cardholder name, etc., and a magnetic stripe and signature strip on the back. Note: If you pay all the installment fees in the first installment of your credit card installment, the fees will not be refunded even if you cancel the installment now.