In addition to deducting interest during the period, why should Pudong Development Credit deduct 4,000 yuan more for monthly repayment?

Automatic repayment business, overdue repayment or arrears, interest or late payment fee, etc.

1. The automatic repayment service of Shanghai Pudong Development Bank was opened. Every month, the bank will automatically deduct money from the bank card to repay the credit card debt.

2. If the credit card is overdue or in arrears, the bank will deduct a certain penalty interest or liquidated damages at the time of monthly repayment, resulting in the repayment amount being higher than the due repayment amount.

3. If there are outstanding installment or cash withdrawal transactions on the credit card, the bank will charge a certain interest or late payment fee. These expenses will be deducted at the time of monthly repayment, resulting in the repayment amount being higher than the repayment amount.