1. Default interest will be generated first. Calculated at five ten thousandths of the total amount owed every day, with compound interest. However, the minimum repayment amount of this fee will be paid immediately, that is, if it is not fully repaid, a penalty interest will be charged.

2. Generate late fees. The collection standard of late payment fee is 5% of the part below the minimum repayment amount.

3. Generate overdue records in the credit report. If the minimum repayment amount is sufficient, no record will be generated.