Repayment method: 1, with equal principal and interest. Monthly repayment of principal increases, interest decreases, and the total repayment amount remains unchanged. 2. The average monthly repayment principal of capital remains unchanged, the interest is reduced, and the total repayment amount is reduced. 3. Bailong Loan only repays part of the loan amount in each period, and the remaining loan amount is converted into the final payment, which is paid at the end of the credit contract, and the monthly payment is low. 4. One-time repayment of principal and interest at maturity. All loan principal and interest are repaid at maturity. Repayment Date The repayment date of each month is the same calendar day as the loan issuance date. If the loan is issued on June 65438+1 October 1, the first repayment date is February 1, and the subsequent monthly repayment date is June1. If the calendar day of the month is different from the loan issuance date, the repayment date is the last day of the month. Just deposit the monthly repayment amount into the customer's deduction bank account before the repayment date. The expected annualized interest rate of Chery automobile loan fluctuates according to the expected annualized interest rate of the central bank loan benchmark. In case of adjustment by the central bank, the repayment amount of the customer in the next month will also change accordingly, subject to the contract. Customers who repay in advance can repay in advance, and the collection of liquidated damages shall be subject to the loan contract signed by the customer and Chery Automobile Loan Company. Please call the customer service hotline of Chery Automobile Loan Company at 400-6 15-5599. In case of overdue repayment 1, Chery Automobile Loan Company will charge corresponding penalty interest and compound interest according to the contract; 2. It will affect customers' credit records in the central bank, and it will also affect customers' application for loans from other financial institutions.