What should I do if the car loan of SAIC Finance Company is overdue for more than 10 days?

The solutions for SAIC Finance Company's overdue car loan exceeding 10 days include the following:

1. Contact the lending institution in time: First of all, you should contact SAIC Finance Company immediately and tell them your situation. It is very important to explain your difficulties, reasons and expected repayment date.

2. Understand the overdue penalty interest and punishment: consult SAIC Finance Company about the specific consequences of overdue payment. Understand whether there will be penalty interest, late payment fee or other penalties, and calculate the corresponding expenses.

3. Make repayment plan: negotiate with SAIC Finance Company to make a feasible repayment plan. Provide reasonable repayment amount and term as far as possible to ensure that the promise is fulfilled on time.

Summary:

If you have been in loans overdue from SAIC Finance for more than 10 days, I suggest you get in touch with them immediately and explain the situation. Further troubles and losses can be avoided by communicating with lending institutions and making repayment plans.

Extended data:

Overdue car loans may lead to a decline in credit rating and affect the ability to obtain credit in the future. In addition, vehicles may face the risk of being recycled, which will have a negative impact on your daily life and work. So it is very important to solve the overdue problem in time.