Impact of credit card blacklist:
1. The only housing court can auction. When the property is auctioned, the bank will only provide the person subject to execution with a small-sized house based on low-rent housing standards to meet his living needs.
2. Seize and freeze online virtual accounts. In addition to real estate, everything including virtual accounts will be frozen. Therefore, online transactions will also be restricted in the future, including travel, renting, etc.
3. Sesame Credit blacklist is synchronized and online shopping is restricted. The High People's Court and Zhima Credit signed a memorandum of cooperation on credit punishment for dishonest persons subject to enforcement. Zhima Credit works with various application platforms such as Taobao, Tmall, China Car Rental, and Qufenqi to comprehensively restrict the persons subject to execution through various scenarios such as consumer finance, Ant Small Loans, credit cards, hotels, and car rentals, and through the Internet and other channels.
4. Travel by water, land and air is hindered. Travel is affected, and it is impossible to buy air tickets, take first-class seats on high-speed rails and high-speed trains, etc. In short, all land, sea and air will be affected.
5. High consumption behavior is prohibited. You are not allowed to spend money freely in hotels, hotels, nightclubs, golf courses and other places with star ratings or above; buying a house or decorating it is not allowed; nor are you allowed to travel or go on vacation.
So when you use a credit card, you must remember to repay it on time, otherwise the consequences of overdue payment will be really serious.