The car loan was paid in advance. Should the guarantee company get the contract back after paying the liquidated damages?

Yes If the car loan is returned in advance, the guarantee company may demand the return of the loan contract after collecting the liquidated damages. The loan contract is an agreement between the lending institution and the lender to collect the liquidated damages for repayment before the repayment period. If it is clearly stipulated in the contract that prepayment is not allowed within half a year or one year, or how much liquidated damages are to be paid before the repayment period, prepayment is a breach of contract, and liquidated damages should be paid according to the contract. In case of breach of contract, it may be necessary to change or terminate the loan contract, so it is reasonable to return the loan contract.