But there are the following situations:
1. If there is an agreed grace period in the contract, no penalty will be deducted;
2. After the repayment is overdue, contact the loan bank in time to explain the situation;
3. If the loan is overdue many times, the bank may collect the loan and record the bad credit.
Extended data:
for instance
For example:
(1) taxpayer Xiao Liu paid 10000 yuan in October, which should be paid on February 15, but Xiao Liu forgot to pay it until June 16, when he received the reminder from the tax bureau, so Xiao Liu should pay1000.
(2) Pony's bank credit card should have been paid back on March 25th, 1965 for 40,000 yuan and 438+00003 in the previous month, but Pony only paid back 30,000 yuan at that time, and the remaining 10000 yuan could not be paid back until he got his salary on the 28th of that month, so Pony had to pay a late fee of 10000 yuan for three days.
trait
It has the characteristics of legality, compulsion and punishment.
The so-called legal, that is, the late payment fee is the money expressly stipulated by national laws and regulations, and no individual or other organization has the right to set it up privately;
Compulsory means that the collection of late payment fees is guaranteed by the state's compulsory force;
Punitive, refers to the late payment fee is a punitive measure taken to pay beyond the prescribed time limit.
According to the above characteristics of late payment fees, late payment fees can only occur if the legal status of the two parties is not equal and the state exercises public power, such as Article 32 of the People's Republic of China (PRC) Tax Collection and Management Law:
If the taxpayer fails to pay the tax within the prescribed time limit, and the withholding agent fails to pay the tax within the prescribed time limit, the tax authorities shall, in addition to ordering him to pay the tax within the prescribed time limit, impose a late fee of 0.5% of the overdue tax on a daily basis from the date when the tax is overdue.
References:
Baidu encyclopedia-late fee