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What if I can't pay for the new car online?
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Overdue is generally used on credit cards. The overdue credit card does not mean that it will not be repaid on the last repayment date, but is overdue to the billing date of next month. Failing to do so within the time limit will also affect the credit information, resulting in liquidated damages and interest, and serious cases will be prosecuted by the court and imprisoned.
Overdue payment refers to the debtor's failure to pay the creditor's money within the time limit stipulated in the contract. Like overdue loans, it should also bear the liability for breach of contract. The interest on overdue payment is the overdue penalty interest for not paying the money as agreed in the contract. For a loan contract, the meaning of overdue loan and overdue payment is the same, and the interest on overdue payment is overdue interest.
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