1, the minimum repayment amount and interest on overdue repayment are all one ten thousandth of a day, and the penalty for overdue repayment is 5%, which means that each installment (month) is overdue.

2. If the payment is overdue for more than 3 months, the credit card may be deactivated. The overdue fee for installment music consists of liquidated damages, service fees and reminder fees, in which the liquidated damages = overdue principal ×0.03%× overdue days, while the overdue service fee is 2% of overdue principal, and the reminder fee is charged once every 10 day, the first time in 5 yuan, and every time thereafter 10 yuan. In addition, some users reported charging 200 yuan interest for one day overdue.

Staging music, Lexin provides a financial service platform for young people to spend in stages, and uses artificial intelligence and big data risk control technology to cooperate with financial institutions such as banks to provide personal consumption credit and scene staging services for the public.

Staging music is a high-quality staging shopping center under Lexin. Founded in June 20 13, it is the pioneer of the domestic installment shopping e-commerce model. Always adhering to the brand concept of "enough is enough, happy to see it happen".

Staging Music Mall has established cooperation with many well-known brands such as Apple, Huawei, OPPO, vivo, L 'Oreal and Philips. , becoming the third largest Internet channel after JD.COM and Tmall. Staging Music Mall has also introduced e-commerce platforms such as JD.COM Mall, Xiaomi Youpin and Koala Haibu, and exported staging music service capabilities from many high-quality external platforms such as Xiang Yang Wharf and Mawei Cell. As of March 2020, the number of goods in installment music mall has exceeded 2 million.

The overdue fee for installment music consists of three parts: reminder fee, overdue service fee and overdue penalty. The details of the late payment fee are as follows:

1. Reminder fee incurred by the borrower when installment music is overdue: the borrower starts to collect it on 1 day, and collects it every 1 day, and collects it every time1time except 5 yuan for the first time. Staging music stipulates that students at school do not charge reminder fees;

2. The overdue service fee incurred by the borrower when the installment payment is overdue: it will be collected by the borrower on the 1 day after the installment payment is overdue; Charge/kloc-0 every 30 days, and charge 2% of overdue principal each time;

3. The borrower's overdue penalty due to overdue installment: the borrower will collect overdue installment from day 1 and 0.03% of overdue principal every day.

The above is the collection of late fees. Generally speaking, the overdue fee is higher than the normal interest of the borrower. In addition to overdue fees, borrowers will also face collection calls, not only to themselves, but also the contact information left by borrowers on the installment platform. If the overdue circumstances are particularly serious, the borrower will deliberately delay in various ways when he has the ability to repay, and will also face certain legal risks. Therefore, overdue payment is a serious problem. If you really have no repayment ability, you can negotiate with the installment music official and make a long-term repayment plan.

Staging music is overdue by 5 thousand. Is a fine of 5 yuan a day high?

The overdue fee for installment music consists of liquidated damages, service fees and reminder fees, in which the liquidated damages = overdue principal ×0.03%× overdue days, while the overdue service fee is 2% of overdue principal, and the reminder fee is charged once every 10 day, the first time in 5 yuan, and every time thereafter 10 yuan. In addition, some users reported charging 200 yuan interest for one day overdue. The borrower's overdue installment reminder fee will be charged every ten days from the first day of overdue installment. Except for the first charge of five yuan, other charges are ten yuan each time. However, the staged music stipulates that students at school do not charge a reminder fee. If they really have no repayment ability, they can negotiate with the installment music official and make a long-term repayment plan. The installment music is overdue by 5,000 yuan, and the penalty interest is not 5 yuan per day.

How much is the interest for installment music 1000 overdue for one month?

One month's interest is 120 yuan. Overdue penalty: 5% of the principal and interest payable in the current month, with the minimum 50 yuan, calculated on a monthly basis.

2. Penalty interest: daily penalty interest = 0.05% of the sum of unpaid principal and interest, calculated separately every month, and the sum of unpaid principal and interest every month is the sum of unpaid principal and interest in the current period and subsequent periods.

Expect a fine first. It's 50 yuan. Add 1000 yuan, 5% per month. 50 yuan, too. Plus the interest of 1000 yuan itself. 15 yuan. Then add 5% of 100. Five dollars. If only one month is expected, the interest is 50+50+ 15+5. Equal to 120 yuan.

How much is ten thousand yuan a month overdue for staged music?

15 yuan. Interest on installment payment, the interest for one day overdue is 1000*0.05%=0.5 yuan, and the interest for one month overdue is 1000*0.05%*30= 15 yuan.