Kredivo loan cancellation rules and procedures

Users of the Kredivo fintech platform may seek to cancel loan applications due to changing financial needs, such as obtaining alternative funding or realizing the capital is no longer required. The ability to cancel depends heavily on the current status of the application.

If a loan is still being processed and funds have not yet been disbursed, users can check their transaction status via the Kredivo application. In such cases, contacting Kredivo customer service is recommended to determine available steps for cancellation. However, once a loan has been approved and the funds have been successfully transferred to the recipient's account, the transaction cannot be canceled, and the obligation to repay remains.