If you don’t pay back your credit card debt, will you be on the list of defaulters? You need to know these

Nowadays, many people are accustomed to using credit cards for consumption. Many people think that they can use the cards based on their own ability and not repay them. Once they do this, the consequences will be very serious. If they enter the list of bad guys, Being restricted from high consumption, even traveling by air and high-speed rail is a problem. Of course, it doesn’t mean that if you don’t pay back your credit card debt, you will become a defaulter. There are still some conditions that must be met. Let’s take a look at what they are.

We know that the Lao Lai list is commonly known as the list of dishonest persons subject to execution. People are usually included in this list because they resist, evade execution, and refuse to perform effective obligations. They need to go through a process, adjudication, and execution. process.

Take credit card debt as an example. If the cardholder fails to repay the credit card debt, the bank may sue the cardholder. After winning the case, the bank will rule that the cardholder must repay the loan within the specified period. If the cardholder If the cardholder refuses to execute, or the enforcement fails, the cardholder will be included in the list of dishonest persons subject to enforcement in accordance with the law, and will be published on the China Enforcement Information Disclosure Network.

At that time, enter the name of the person subject to execution, ID card number/organization code online, and you will be able to query relevant breach of trust information. Not only will you lose face, but you will also be severely punished by the law and restricted. Not to mention consumption, even children’s schooling and work will be a problem.

One thing to note here is that being on the list of bad guys has nothing to do with how much money you owe on your credit card. To put it simply, even if you owe dozens or hundreds of yuan, as long as the bank is willing, the cardholder can If you refuse to repay the loan after the ruling, you will be worried about being listed on the list of bad people.

After all, the cardholder is at fault for not repaying the money he owes. Except for a few cases, such as an overdue card issued by a fake person, or the bank's fault leading to an overdue card, the bank will basically win the case and will not lose money. Fees incurred are borne by the cardholder.

Can I still apply for a credit card if my credit report is on the blacklist of persons subject to enforcement for dishonesty?

I can apply for a credit card. Persons subject to enforcement for breach of trust are restricted from high consumption, but persons subject to enforcement for breach of trust are restricted. Credit card approval may be rejected:

"Several Provisions of the Supreme People's Court on Restricting High Consumption by Persons Subject to Execution"

Article 3 If the person subject to execution is a natural person, after being restricted from high consumption , shall not engage in the following acts of paying expenses with their property:

(1) When taking transportation, choose second-class or higher cabins on airplanes, train soft sleepers, and ships;

(2) When taking transportation, High-end consumption in star-rated hotels, hotels, nightclubs, golf courses and other places;

(3) Purchase of real estate or newly built, expanded or high-end decorated houses;

(4) Leasing of high-end Working in office buildings, hotels, apartments and other places;

(5) Purchasing non-essential vehicles for business;

(6) Traveling and vacationing;

(7) Children Attending high-fee private schools;

(8) Paying high premiums to purchase insurance and financial products;

(9) Other high-consumption behaviors that are not necessary for life and work.

If the person subject to execution is a unit, after being restricted from high consumption, the person subject to execution and his legal representative, principal person in charge, and persons directly responsible for affecting debt performance are prohibited from using the property of the unit to implement the provisions of paragraph 1 of this article. Behavior.

Extended information

Those subject to enforcement for breach of trust are currently mainly restricted from purchasing air tickets and train tickets

Data released by the Supreme People’s Court show that from January to May 2018 , a total of 1.327 million people at all levels have been released information about dishonest persons subject to enforcement, 2.286 million people have been restricted from purchasing air tickets, and 747,000 people have been restricted from purchasing train and high-speed rail tickets, a year-on-year increase of 29%, 59% and 17% respectively. Intensify the crackdown on resistance to execution.

From January 2015 to April 2018, 8,687 criminals were sentenced nationwide for resisting execution.