Is the repayment of FAW Finance car loan overdue on the day of deduction? After the repayment on the same day, there was no deduction the next day, saying it was a working day deduction! This is my problem. If the car loan contract stipulates a grace period for repayment, which is generally 1-3 days, then the car loan will not be deducted on the same day, and the deduction on the next day is not overdue. There is no grace period for car loans, and there is no deduction on the repayment date. Deduction the next day will be regarded as overdue repayment. In addition to overdue interest, overdue records will also be uploaded to the credit report. So it is best to repay on the repayment date. If the system fails to deduct money, you should take the initiative to contact the lending institution and take the initiative to repay. The deduction time of each bank is different, but the repayment date is only deducted once. Some banks will deduct money from the early hours of the morning, while others will deduct money after 17:00. In order to ensure the smooth deduction, it is recommended to deposit enough money in the repayment card one day before the deduction date. If the deduction is unsuccessful that day, the deduction will be made again every day from the day after the repayment date, and the deduction will continue every day as long as the monthly payment is not paid off.

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1. On the due repayment date, if the cardholder fails to repay in time, there is a grace period. If the money is paid back within the grace period, there will be no penalty interest and it will not be uploaded to the credit information system. But if you don't pay back the money after the grace period, it is likely to be uploaded to the personal credit information system. The grace period of each bank is different. Most banks have three days (this is a natural day, not a working day). The grace period for repayment of Bank of China, China Merchants Bank, Minsheng, China Everbright, Ping An, CITIC, Shanghai Pudong Development Bank, Xingye and Huaxia Bank is 3 days. The grace period of CCB can be up to 5 days, that of ABC ranges from 3 days to 9 days, that of ordinary and gold card customers is 3 days, and that of platinum card customers is 9 days. ICBC, the largest bank in the universe, has no grace period.

2. Under normal circumstances, if the lender's car loan is overdue for three days, it doesn't matter if it is repaid within three days. If the lender is overdue or refuses to repay the loan for a long time, then it is necessary for the lender to notify the bank to negotiate. Moreover, we should know that if the lender does not return it maliciously, it may have a certain impact on its own credit information. Generally speaking, banks will have a certain grace period for lenders to repay loans one day late, and different banks have different regulations. If there is a certain grace period, the borrower can inform the bank that if there is no repayment on the repayment date, he can apply for relaxing the time limit for special reasons. If the repayment is made within the grace period, the personal credit record will not be affected and the credit will not be collected. However, some banks simply do not give lenders an overdue grace period. Even if it is overdue for one or two days, the bank may report it, which will have a bad influence on the lender. Therefore, if you apply for a car loan, the most important measure is to repay it immediately, otherwise it will be reported by the lender for a long time, which will affect the lender's own credit history.