First of all, let’s learn about the consequences of being included in the list of dishonest persons subject to execution. It is understood that three measures will be taken against the dishonest persons subject to execution. First, some high-consumption behaviors are prohibited, including banning flying and sleeping in trains; The second is to implement other credit penalties, including restrictions on loans from financial institutions or credit cards; third, if the person subject to breach of trust is a natural person, he or she is not allowed to serve as the legal representative, director, supervisor, senior manager, etc. of the enterprise. And if you have had a credit card before, you will also be prohibited from using it.
So, why can a person subject to execution for breach of trust still use a credit card? This is probably because the list of dishonest persons subject to execution is not lifelong, and may be removed from the list because the validity period has expired; or because the dishonest persons subject to execution are actively fulfilling their obligations as determined by effective legal documents, that is to say, the settlement agreement has been executed and has been After the performance was completed, the court removed it from the list in advance. In this way, the bank's risk control on perpetrators will also be lifted, so that you can apply for a credit card, and of course you can also use the credit card to make overdraft purchases.
The following introduces how long it will take for the list of dishonest persons to be executed to be revoked? The validity period for a dishonest person subject to execution can be as short as 2 years and as long as 5 years. The period is mainly determined based on the behavior of the person subject to execution. If you are only included in the list of persons subject to execution, the validity period will only be 2 years; if you are also included in the list and have violence, threatening obstruction, serious resistance to execution, or multiple acts of dishonesty, it will be extended for another 1 to 2 years. However, this does not mean that it will be revoked upon expiration. If the execution period expires and the property of the person subject to execution is checked more than twice through the online execution investigation and control system, and no property is found that can be executed, and the person applying for execution or other persons does not provide valid property clues, the People's Court will do so within three working days. The dishonest information will be deleted within a day, otherwise it will be revoked only after the obligations are fulfilled. The above is the relevant introduction to "Why can a person subject to execution for breach of trust still use a credit card?" I hope it will be helpful to everyone. All in all, the credit card that can be used by a person subject to execution for breach of trust is mainly because it is revoked from the list, and the list of persons subject to execution for breach of trust is verified and revoked, which has been explained in detail above.