In the UK you can simply cancel the direct debit (most regular payments in the UK happen using direct debit, not by credit card).
But as far as I understand not paying for a contract may result in damaged credit history, so the mortgage can become more expensive for example; or they may sell your "debt" to some collector company, who may start bothering you (I heard these stories from friends).
So because of these reasons, I decided to try to explicitly cancel the contract instead of just stopping paying them.
But as far as I understand not paying for a contract may result in damaged credit history, so the mortgage can become more expensive for example; or they may sell your "debt" to some collector company, who may start bothering you (I heard these stories from friends).
So because of these reasons, I decided to try to explicitly cancel the contract instead of just stopping paying them.