There are a few ways you can downgrade or cancel your premium plan
1. You can downgrade or cancel your subscription anytime from the Plan Details page.
2. You can remove your payment information from the Payment Plan section.
3. You can manually select the Standard Plan
Your license to monetize tracks created on Soundful or use of Soundful music on monetized content will expire upon Music Creator Plus plan downgrade/cancellation. If you wish to continue monetizing you will need to purchase the copyright for your tracks before downgrade/cancellation or subscribe to the Content Creator plan.