1 thought on “The Honda CRV2022 loan bought in 5 years pays one year and the remaining time is still clearly said, do n’t liquidated damages?”
Angie
Can. Car loans can be repaid in advance, but early repayment will damage the interests of banks or car loan financial institutions, and does not meet the provisions of the repayment time in the car loan contract, so there will be liquidated damages. The car loan contract has clearly stipulated the initiative of repayment in advance. It is generally charged in accordance with the percentage, with a value range of 5%-8%. For example, if ...
Can. Car loans can be repaid in advance, but early repayment will damage the interests of banks or car loan financial institutions, and does not meet the provisions of the repayment time in the car loan contract, so there will be liquidated damages. The car loan contract has clearly stipulated the initiative of repayment in advance. It is generally charged in accordance with the percentage, with a value range of 5%-8%. For example, if ...