A: The Scout Law Online Consultation will answer your question.
1. liquidated damages for overdue repayment of car loan. Generally, it is determined according to the overdue time of consumers. There are probably two algorithms for car loan penalty: one is to pay one month's interest as penalty; The second is to calculate the liquidated damages according to the ratio of a few thousandths of the balance. Second, owing on the loan in advance requires liquidated damages. For consumers who need to repay loans in advance, they need to apply in advance, and the specific regulations of each bank are different. Some banks require customers to apply two weeks in advance, while others require customers to apply one month in advance. If you apply for a loan through a car dealer, you can directly find the dealer; If it is handled directly through the bank, consult the bank directly. 1, first of all, it depends on the contract agreement between the car loan applicant and the bank and guarantee company; 2. If the lender constitutes a breach of contract, the bank and the guarantee company have the right to require the lender to bear the liability for breach of contract; 3. The specific amount of liquidated damages can be settled through consultation; 4. Specific suggestions, face-to-face consultation or telephone contact to understand the situation, and it is advisable to plan before action. The above is the answer to the question of how to calculate the liquidated damages for overdue trailers.