A credit card is one of the mostpopular and popular banking offers. Having issued it once for a certain period and with an established limit, you can use borrowed funds at any time. Many clients of financial institutions, along with a salary card, have a credit card. However, in the current economic situation, most borrowers decide not to use this type of services, since no one, even the most qualified financial analysts, can predict the probable difficulties.
Such a banking product can be very usefulin case of unforeseen repairs or the need to replace a failed appliance of large household appliances. There are cases when it is more profitable to pay with a credit card than an ordinary debit card. Many large banks together with their partners carry out various loyalty programs, participating in which, the holders of the product have the right to a discount or keshbek. And given that many credit cards have a grace period, their use becomes profitable.
But not always the use of borrowed funds in such a waycan be useful for the client. Then he starts to think about how to refuse a credit card. Financial experts do not recommend registering these products in stores when buying digital and household appliances. Also, in no case should you activate and use the funds from credit cards that came by mail, especially if the client did not leave a request for its registration. How to competently abandon an unnecessary product and can this be done without compromising your credit reputation?
Refuse to use a banking productmaybe always. However, the method of refusal depends on whether it was used before, or simply sent it in a mail envelope to the house. If the card was activated and the holder used borrowed funds, then first of all the borrower should take care of the return of all the money spent and interest for use. In other words, ensure that there is no negative balance.
Signing a contract for the registration of a card, it is importantunderstand that in one way or another the bank will be charged a commission, regardless of whether the borrower uses it or not. As a rule, this condition is prescribed in the contract. Therefore, if there is a question about how to refuse a credit card, even if it has never been used, it is worthwhile to be ready to pay for its maintenance (the size depends on how long it took after the contract was signed).
As a rule, when applying to the bank with a statement aboutthe desire to pay off the debt and terminate the service contract, the credit specialist asks many questions, trying to understand the reason. The borrower does not have to answer these questions and can simply ignore them. The bank has the right to refuse to close the account only because of a negative balance.
In order to abandon furtherservice and use of a credit card, it is necessary to close a credit account that is tied to it. Plastic is just a means of use, so if the account is not closed and the card is destroyed, this does not mean the end of the whole "history".
The closing procedure, as a rule, is the same for all banks. However, the closing of the account takes different time in each organization. On average, this procedure takes from a few days to a week.
Actually, the client must signthe bank does not have a loan agreement under the current legislation. But most often such banking products are imposed in veiled ways. In any case, if the card is sent home, or the specialists constantly call with offers, then you can insist on removing your data from the client base.
The problem of how to refuse a credit card,arises only in the event that a person really did not restrain himself and signed a service contract. Often, such additional products must be accepted by buyers who make out any household or digital equipment under a loan or installment agreement in large hypermarkets where bank representatives work. Can I cancel my credit card in this case? Of course, this requirement is illegal. Often, loan officers bring to the client that issuing a card is a prerequisite. Although you can arrange the equipment in installments without it.
Consider the universal situation: the bank sent a credit card with the attached letter, which describes all conditions for its use. However, the recipient decided not to use the product. It turns out that he has an unactivated credit card. How to abandon it, so that in the future there are no problems? In this case, you can not even go to the bank and not write any statements. The credit card action begins only if it is activated and used. To avoid the temptation, it is recommended to simply cut the plastic and discard. Initiation of any formal procedure is not required.
Some borrowers, turning to the bank with a desirelower or even abandon the credit card limit, they are denied carrying out this operation with the explanation that such an operation is simply impossible to conduct. In reality, this is not the case. But then how to refuse the credit card limit? First of all it is necessary to apply to the department and write an appropriate application. However, it is important to remember that you will have to repay the debt beforehand, since if the account has a negative balance, the bank has all grounds for refusal.
Before you cancel a credit card,it is worthwhile to understand that if there is a desire to again use this product, then the bank can limit itself to only a minimal limit for the borrower or refuse at all in its release. Often the refusal to use the card spoils the relationship of the borrower and the lender. But if we take into account the current situation in the financial market, as well as the number and offer of banks, it is unlikely that a person with a positive credit history will not be able to issue such a product if there is a need for it.