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What is the penalty for overdue loan of Jiexun 260 1 month?
Hello, thank you for your interest in Gitzo. If the borrower fails to fulfill the repayment obligation as agreed in the consumer loan contract, it shall bear the corresponding liquidated damages according to the number of days overdue. The number of days overdue refers to the number of days that the earliest unpaid installment payment is overdue. Late payment on day 10, resulting in liquidated damages in 30 yuan; On the 30th day overdue, on the basis of the liquidated damages already incurred, additional liquidated damages 80 yuan will be generated; 60 days overdue, an additional fine of 130 yuan will be incurred; If the payment is overdue for 90 days, an additional fine of 130 yuan will be incurred. In addition, the failure to repay the installment payment in full for more than 90 days will directly lead to the early termination of this contract, and the borrower shall immediately repay all the money under this contract in one lump sum. So in order to avoid these unnecessary expenses, it is necessary to repay on time.