If the Customer pays late for the monthly installment, how does LFS calculate late interest?

– According to the provisions of the Credit Contract, the Customer is obliged to pay in full and on time the monthly payment amount according to the Payment Schedule enclosed with the Credit Contract or the Payment Schedule sent to the Customer every 3 months. month.

– In case the Customer pays later than the Monthly Payment Date and the contract incurs a late penalty, the Customer is kindly requested to pay the extra amount up to the actual payment date or contact LFS to get the payment. detailed amount notice.

– On the side of LFS, in order to comply with the provisions of law on the transfer of overdue debts and classification of debt groups, LFS will classify loans with overdue balances greater than 0 dong.


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