Liquidated damages for prepayment of Dongfeng Peugeot Auto Finance Company

Recently, some netizens asked Dongfeng Peugeot Auto Finance Company whether to charge liquidated damages for early repayment. What is the penalty for prepayment? Below, I will give you a brief explanation of the good loan network.

According to the loan contract, Dongfeng Peugeot Auto Finance Company needs to pay a penalty of 4% of the remaining principal for prepayment.

Prepayment process of Dongfeng Peugeot Auto Finance Company;

1. After confirming the prepayment, call the customer service hotline 4006502066 and tell the customer service staff the borrower's name, prepayment date and the borrower's fax or email.

2. The customer service staff will send an application for prepayment to the borrower by fax or email that afternoon, and the borrower needs to sign it, and fax the signed copy back to the financial company by fax or email.

3. The financial company will deduct the money from the monthly deduction account of the customer China Bank on the agreed repayment date, and the borrower needs to deposit the money into the account before 4pm on the prepayment date.

4. After the deduction is completed, Dongfeng Peugeot Auto Finance Company will express the relevant vehicle formalities left by the customer in the finance company from Beijing to the customer's city as soon as the afternoon of the second working day of the prepayment date. At that time, a staff member will contact the customer to cancel the mortgage registration and return the information.

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