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What is credit slab?
When did you sign the contract?
What does the contract say about cancellations? Were you misrepresented in any way?
I read the agreement and it says you can cancel at any time by following their instructions found on their website a the account page. I could not access the account page as I am not a member but you can.
So review that page and see what you need to do.
And then do it at once and be sure to have proof that you've done this. The agreement says you need to confirm you are cancelling by sending an email from the email address you used to sign up.