1. The deterioration of credit records will lead to low credit evaluation and become a credit stain. Bad credit information will be uploaded to the personal credit information system of the People's Bank of China, and all systems in the country will be tainted. You can't apply for a credit card or a loan in the future.
2. If you are able to repay the loan, please repay it immediately. Otherwise, the credit company will sue the court. If the court wins the case and fails to perform the judgment during the performance period, it shall apply to the court for compulsory execution.
3. When accepting the execution, the court shall inquire about the lender's real estate, vehicles, securities, deposits, etc. in the name of the lender according to law.
4. If the lender has no property to enforce, refuses to perform the effective judgment of the court, and there are negative information such as overdue repayment in the personal credit report, which restricts the access to high consumption and may even be detained by the bank. Judiciary.
5. refusal to execute, or refusal to execute the judgment or ruling. Article 313 of the Criminal Law stipulates the crime of refusing to execute a judgment or order. Those who have the ability to refuse to execute the judgment or ruling of the people's court, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or a fine.
1. definition: installment loan means that the borrower repays the loan in installments within the repayment period according to the loan agreement. At the end of the repayment period, the loan has been fully repaid.
2. Classification: (1) Full installment and equal repayment means equal repayment of loan principal and interest in a specified period, rather than one-time repayment of principal and interest on the maturity date; It can make the lender reduce the risk caused by the borrower's failure to repay the loan on the due date. (2) Partial repayment by installments refers to the way of repaying part of the loan by installments, paying interest by installments, and repaying the principal at maturity.
3. installment repayment can effectively reduce the repayment pressure of users, but for users, the risk of overdue still exists. In addition, after loan installment, some loans support prepayment or prepayment. After prepayment, users can effectively reduce interest expenses.
4. For the borrower, this method not only meets the demand for large amount of funds, but also reduces the interest burden of amortization. For banks, it not only provides loans to increase income, but also speeds up loan turnover and reduces amortization risk. In the past, only a small part of loans were issued in this form. With the reform of the credit system, this kind of loan will be appropriately promoted.