as a kind of credit card, it has interest, and you have to pay a certain amount of interest when it is overdue or when the credit card is withdrawn. Generally speaking, the interest of the credit union's universal card is generally about 2.38%. If it is overdue, the penalty to be paid is about five thousandths of the total amount, and the penalty for one day is about two thousandths.
Three-household joint guarantee loan of credit cooperatives is a group working capital loan established by high-quality farmers who have been audited by credit cooperatives, with * * * taking risks, * * * setting guarantees, repayment responsibilities and compensation for losses. On the basis of farmers' voluntary participation in signing cooperation agreements, this group applies for funds from rural credit cooperatives.