1. Negative credit record: Unpaid debts will be reported to the credit bureau, which will damage your credit record. This will make it difficult for you to get loans, credit cards or rent other services, and may affect future financial transactions.

2. High interest and late fees: Interest and late fees on outstanding debts will continue to accumulate, making debts even heavier. Late repayment may lead to higher interest rates and additional fines.

3. Legal proceedings: Creditors have the right to recover debts through legal means. They can take measures such as prosecution to recover the arrears, or they can ask for enforcement.

In view of this situation, the following measures are suggested:

1. Make a repayment plan: Make a reasonable repayment plan first to ensure that you can repay on time. Give priority to repaying debts with high interest rates, such as online loans and high-interest credit cards.

2. Negotiate with creditors: contact creditors and explain your predicament. Some creditors may be willing to offer the opportunity to postpone payment, reduce some debts or reschedule payment.

3. Cut expenses and increase income: Do everything possible to cut unnecessary expenses and increase your income as much as possible. This can help you pay off your debts faster.

4. Seek professional help: If the situation is very serious, you can consult professionals, such as debt consulting agencies or lawyers, for more detailed advice and guidance.

Remember, despite the difficult situation, taking action and cooperating with creditors are the key to solving the problem. It takes time and patience to gradually pay off debts and rebuild credit records, but persistence will bring positive results.