Interest expenses incurred by 1.: overdue repayment will lead to the accumulation of interest expenses. Interest is calculated at five ten thousandths of the daily interest rate, which means that a certain percentage of interest expenses will be accumulated every day.

2. Collection of late payment fee: Late payment will also lead to late payment, and the proportion of late payment fee shall be stipulated by the issuing bank or relevant laws and regulations. The late payment fee is charged according to the proportion of the minimum repayment amount, which is 5%.

3. Impact on credit records: Overdue repayment will have a negative impact on personal credit records. Overdue records will be recorded in personal credit report, resulting in a decline in credit rating. This will affect the ability of future loans, such as applying for loans and handling credit cards.