Can I cancel the installment I just made?

If it is a Ping An Bank credit card, after the installment is successfully processed, the number and amount of the installment cannot be modified or cancelled temporarily. You can log in to the Ping An Pocket Bank APP - Credit Card - More - Installment Loan - Installment Settlement in Advance, and settle in advance according to the instructions on the page.

Tips: After applying for early settlement of installments, the handling fee will be charged at 3% of the remaining principal. The system will complete it within 3 days, and you need to repay according to the bill after the settlement, it is recommended to continue to repay in installments to facilitate fund management.

Yes, there are two ways to cancel an installment with a credit card, and the cancellation method is as follows:

Clause. 1. If the installment repayment has not been executed after the installment repayment, or within the revocation time specified by the bank, the cardholder can directly call the customer service of the issuing bank to cancel, or cancel the installment repayment through online banking.

It should be noted that not all banks can apply for cancellation of credit card after installment without implementing installment repayment, such as China Merchants Bank, and China Merchants Bank cannot apply for cancellation after handling installment repayment. If China Merchants Bank wants to cancel the installment repayment, it can pay off the installment amount in advance, but even if the installment amount is paid off in advance, the handling fee incurred after the installment will not be refunded.

Clause. 2. If the installment repayment has already been executed, then it cannot be cancelled in this case, and the installment repayment can only be ended through early repayment, but the early repayment will not save the handling fee. After applying for installment repayment, cardholders can call the bank's customer service** to apply for early repayment, and no additional prepayment fee will be charged.

After the cardholder completes the installment repayment, the unapportioned principal and handling fee will be terminated after the date of early repayment, and all the amount will be included in the cardholder's current repayment bill, and the full amount will be included in the minimum repayment amount, and the installment will not be amortized in future bills.

It should be noted that after the credit card installment repayment is processed, all the installment handling fees will be paid in the first installment, and even if the installment repayment is cancelled later, the handling fee will not be refunded.

How to repay in installments.

Installments can be repaid early, but it is important to note that:

1) For early repayment, you need to contact customer service in advance to terminate the installment. If you do not apply for termination of the installment, the remaining installment limit will not be billed at one time, and it will still occupy the card limit.

2) Cardholders need to be reminded that once the installment application is successful, it is irrevocable, and even if the installment is terminated early, the handling fee for the remaining installments will still be charged.

Installment considerations.

1) Before taking out an installment loan, it is necessary to read the contract clearly, especially the interest and default terms.

2) Note that some of the services in the contract are optional and can be selected according to your own situation.

3) The installment fee is often directly related to the number of installments, so you should choose the most suitable number of installments according to your own situation.

4) Remember the monthly repayment date clearly to avoid liquidated damages or bad credit records due to overdue repayment.

5) It is necessary to see the conditions for early repayment and understand the collection and calculation of fees in advance.

4008205555 Enter the account opening certificate number -9 to enter the manual application for cancellation;

Once the bill instalment application is approved, it cannot be reversed and the instalment amount and number of instalments cannot be changed.

After the application is approved, the unpaid principal and handling fee will be settled at one time, and the bill amount and all handling fees that have been installment must be paid off in one lump sum. (There is no installment business for business cards).

You can give it all back.

Customer service or go directly to the bank can cancel.

If you need to cancel the installment or repay the loan early, you need to apply for installment settlement, and the unpaid installment principal and handling fee need to be repaid at one time, and the early settlement cannot be reversed, so it is recommended that you keep the installment first. If you insist on settlement, please call credit card customer service** to transfer to manual processing.

Electronic payment cards with all or some functions such as transfer and settlement, cash deposit and withdrawal, etc. Credit cards are divided into credit cards and quasi-credit cards, and credit cards refer to credit cards that have a certain credit limit and can spend first and repay later within the credit limit; A quasi-credit card is a credit card in which the cardholder is required to deposit a certain amount of reserve.

A quasi-credit card that can be overdrawn within the prescribed credit limit when the balance of the reserve account is insufficient to pay.

A quasi-credit card refers to a credit card in which the cardholder must first deposit a certain amount of reserve fund according to the requirements of the issuing bank, and when the balance of the reserve account is insufficient to pay, the credit card can be overdrawn within the credit limit specified by the issuing bank, but the overdrawn part will be charged interest from the day of overdraft, and no interest-free period will be enjoyed. A quasi-credit card is a combination of a credit card and a debit card.

Some functions generally require a deposit.

Or provide a guarantor, deposit first and then consume when using, and the deposit will pay interest. Cardholders can make a small overdraft within the limit approved by the issuing bank when making purchases, but the overdraft amount will be subject to interest accrual from the date of overdraft.

The arrears must be paid off in one go, and there is generally no interest-free repayment period and no minimum payment.

Its basic functions are transfer settlement and shopping consumption.

A credit limit, also known as a "credit limit", refers to a certain amount of credit limit granted by a bank to its basic customers, that is, a certain amount of money that can be recycled by a company within a specified period of time.

The requirements for applying for a credit card are as follows:

1. The applicant must be 18 years old or above, and the parties must have full capacity for civil conduct;

2. The card holder has a legal and stable salary income and no bad credit record;

3. The card holder shall provide a valid personal identity document;

4. Provide personal proof of employment to the bank.

Proof of income and proof of financial status, etc.;

5. Provide the individual's proof of residence, a copy of the household registration book or the certification materials of the sub-district office.

Legal Analysis: There are two situations in which a credit card cancels installment repayment:

2. If the installment has already been executed, it cannot be canceled, and you can choose to repay in advance, but early repayment cannot save the handling fee. Specific operation: Cardholders can call the credit card customer service to apply for early repayment after the current statement date of the application for installment, and no additional prepayment fee will be charged.

The unamortized principal and handling fee of the cardholder's installment payment shall be fully credited to the cardholder's current bill at the end of the date of application for early repayment, and the full amount will be included in the minimum repayment amount, and will not be amortized on subsequent statement dates.

Note: If your credit card instalment is paid in the first instalment with all instalment fees, the instalment fees will not be refunded even if you cancel the instalment now.

Legal basis: Article 148 of the Civil Code of the People's Republic of China Where one party uses fraudulent means to cause the other party to carry out a civil juristic act contrary to its true intentions, the defrauded party has the right to request the people's court or arbitration institution to revoke it.

Criminal Law of the People's Republic of China" Article 266:Where public or private property is defrauded, and the amount is relatively large, a sentence of up to three years imprisonment, short-term detention or controlled release is to be given, and/or a fine; where the amount is huge or there are other serious circumstances, a sentence of between 3 and 10 years imprisonment and a concurrent fine is to be given; where the amount is especially huge or there are other especially serious circumstances, a sentence of 10 or more years imprisonment or indefinite imprisonment is to be given, and a concurrent fine or confiscation of property. Where this Law provides otherwise, follow those provisions.