First, according to the laws of our country, if the borrower fails to repay the loan on time, the lender has the right to take necessary measures to recover the debt. Among them, trailer is a common means to protect the rights and interests of lenders.
Second, as a professional auto finance company, CreditEase Auto Finance will clearly stipulate the handling method of overdue default when signing the contract. Under normal circumstances, CreditEase will remind the borrower to repay the loan after a period of overdue, and may charge an overdue fee. If the borrower fails to perform the contract in time, CreditEase has the right to take compulsory measures such as towing.
Third, CreditEase will find a professional trailer company to do trailer work. They will legally tow the vehicle away and keep it according to the regulations of the area where the vehicle is located and relevant legal procedures. After paying off the debt, the borrower can contact CreditEase to learn about the specific process of vehicle redemption.
Generally speaking, according to the laws and regulations of our country and the car rental contract of CreditEase, it is true that the trailer is overdue for one month. Overdue repayment will cause the borrower to face additional expenses and inconvenience. It is suggested that the borrower perform the contract on time within the repayment period agreed in the contract to avoid unnecessary troubles.
Extended data:
CreditEase Car Rental is a domestic company specializing in providing auto finance services. The car rental service they provide is suitable for individual and corporate customers, providing them with services such as car rental, loan and vehicle management. As a professional auto financing institution, CreditEase has the right to take measures such as towing to safeguard the rights and interests of financial institutions according to the contract.
Please note that the above answers are based on general assumptions and are answered according to the laws of China and the general operating procedures of CreditEase Car Rental. The specific situation may be different due to the contract, regional regulations or other factors. Therefore, if you encounter similar problems, I suggest you consult CreditEase car rental or legal professionals for accurate answers and guidance.