Will Premium be cancelled if Payment has gone through ((1 Year Payment)) and you cancel the billing.

[Airiakikawa]

As the subject line states,

 

The payment for the Annual Premium Membership has gone through, But Id o not plan on getting Premium anymore, since finances are starting to get tight. I want to keep Premium memebr ship. and of course it uncertain to say what the future holds, but int he event I do end up disapperaing to the renew time, I do not want to incur the payment. 

 

Soo, If I go ahead and removde my BIlling info, even after the ANnual payment has gone and cleared, will it drop me down to basic?

 

Allow me to clarify, I mean Cancelling billing payment fromt eh BIllign Payment screen, on the Account Membership screen or what ever its called.

[Lindal Kidd]

I don't think LL will allow you to maintain a Premium membership without a valid billing method on file.  You'll have to downgrade to Basic first, THEN remove your billing method.