I recently purchased a big item online and decided to pay for it using credit card EMI, but sadly few days later Item was cancelled by seller for some reason and my deducted amount was credited back.
I think that is fine but it is not clear if I will be charged for it because it took more than 7 days for shop to return my money . If anyone has idea about its charges , if there are any ?
Also, two days back, I made another purchased, again used EMI on card but sadly I had to cancel it because I ordered wrong item mistakenly. I have not yet received money but will take 3-5 days. But now I am concerned, will it cause any issue with my CIBIL score or issue with my credit card company and my reputation with them ?
Has anyone ever cancelled card EMI and then faced any charges ?
Does it affect CIBIL ?
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