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How high is the rent overdue rate of financial leasing companies?
The rent overdue rate of financial leasing companies exceeds 24%. The maximum annual interest rate for collecting overdue interest and liquidated damages from financial leasing companies is 24%. The overdue rate is the overdue loan rate, which refers to the proportion of overdue loan balance to the current loan balance. The overdue loan ratio is used to reflect the repayment of loans on schedule, and to reflect the use efficiency of loans and asset risk procedures from the perspective of whether they are repaid on schedule.