This behavior of a borrower who has the ability to repay but refuses to repay is considered debt evasion. Debtors who are evading debts will be included in the list of dishonest persons subject to enforcement, and will be restricted from high consumption, restricted travel, and their children will not be able to attend private schools. What does the debt evasion list mean? In other words, he was included in the list of dishonest people, commonly known as "Lao Lai"! After being included in the list of evaded debts, the consequences are: it seriously affects personal credit, making it difficult to apply for credit business in the future, including loan business such as buying houses and cars. And high penalty interest will be generated. The longer the overdue period, the more penalty interest will be generated; during the overdue period, collection will be encountered, which will affect daily life. There are also restrictions on high consumption, travel restrictions, etc. It can be seen that the consequences are quite serious. Therefore, everyone should not enter the list of debt evaders, but should make a habit of repaying on time.

Customers should perform their debts well and not think about evading them. Otherwise, if overdue debt occurs and the debt evasion is reported to the credit report, it will have serious consequences. Not only will the loan incur overdue penalty interest, but your personal credit will also be damaged as a result. If you want to apply for a credit card or loan later, you will basically be rejected. If the customer is unable to repay the debt due to lack of repayment ability, the customer can negotiate with the handling bank (lending institution, platform) and apply for a deferral of repayment.

What are the consequences of evading debt?

1. Being called for payment. After the online loan is overdue, you will be continuously called for payment, which will have a great impact on your life and work.

2. Being included in the "list of dishonest persons". If you never repay the loan, the loan platform can apply to the court. In this way, the online lender will be included in the "list of dishonest persons", which will affect others in the future. Travel, some high-speed rails, airplanes, sleeper trains, etc., as well as some high-end places are restricted.

3. If the property is frozen and bank deposits are seized, the house under the name will be frozen.

Legal basis:

"The Supreme People's Court's Restrictions on the Persons Subject to Execution" "Several Provisions on High Consumption"

Article 3: If the person subject to execution is a natural person and after consumption restriction measures are taken, he shall not engage in the following high consumption and consumption behaviors that are not necessary for life and work:

(1) When taking transportation, choose second-class or above cabins on airplanes, trains, and ships;

(2) Make high purchases in star-rated or above hotels, hotels, nightclubs, golf courses and other places;

(3) Purchase real estate or build, expand or high-end decorated houses;

(4) Leasing high-end office buildings, hotels, apartments and other places for office work;

( 5) Purchasing vehicles that are not necessary for business;

(6) Traveling and vacationing;

(7) Children attending high-fee private schools;

(8) Payment Purchasing insurance financial products with high premiums;

(9) Taking all seats on G-EMU trains, first-class or higher seats on other EMU trains, and other consumption behaviors that are not necessary for life and work.