(2) After the payment is overdue, contact the loan bank in time to explain the situation;
③ One or two short-term overdue will not affect the credit history;
(4) If the loan is overdue for many times, the bank may collect the loan and record the bad credit.
The law stipulates that the liquidated damages shall not exceed 30% of the amount of the subject matter of the contract. If the liquidated damages agreed in your loan contract do not exceed 30% of the loan amount, you should pay as promised when you breach the contract. If the penalty exceeds 30%, there is no need to pay the excess, because it has exceeded the legal limit and the excess is illegal and invalid.
legal ground
Article 577 of the Civil Code of People's Republic of China (PRC) * * * If one party fails to perform the contractual obligations or the performance of the contractual obligations is not in conformity with the agreement, it shall bear the liabilities for breach of contract such as continuing to perform, taking remedial measures or compensating for losses.
Article 578 of the General Principles of the Civil Law of People's Republic of China (PRC) * * * anticipates that the party liable for breach of contract will clearly express or show by its own actions that it will not perform its contractual obligations, and the other party may require it to bear the liability for breach of contract before the expiration of the performance period.
Article 579 of the Civil Code of People's Republic of China (PRC): If one party fails to pay the price, remuneration, rent and interest, or fails to perform other monetary debts, the other party may demand payment.
Article 584 of the General Principles of the Civil Law of People's Republic of China (PRC), if one party fails to perform its contractual obligations or fails to perform its contractual obligations in conformity with the agreement, thus causing losses to the other party, the amount of compensation for the losses shall be equivalent to the losses caused by the breach of the contract, including the benefits that can be obtained after the performance of the contract; However, it shall not exceed the losses that the breaching party foresaw or should have foreseen when concluding the contract.