Limiting high consumption must be the bad effect of not being able to pay off debts. Credit card overdue, malicious breach of contract, being handled by public security organs, etc. are included in the financial credit information database of China People's Bank. All banks can share this information.

According to Article 9 of the Supreme People's Court's Several Provisions on Restricting the High Consumption of the Executed, after the high consumption order is issued, the people's court may terminate the high consumption order in any of the following two circumstances.

1. During the consumption restriction period, if the person subjected to execution provides effective guarantee or applies for the consent of the executor, the people's court may cancel the consumption restriction order.

2. If the person subjected to execution has fulfilled the obligations stipulated in the effective legal documents, the people's court shall, within the scope of the notice or announcement in Article 6 of these Provisions, lift the high consumption restriction order by notice or announcement.

: 1. What is to limit high consumption?

Restricting high consumption means that the person subjected to execution shall not have the following consumption behaviors: 1. When taking transportation, you should choose the cabins above second class such as airplanes, soft sleeper trains and ships. 2. High consumption of star-rated hotels, guesthouses, nightclubs, golf courses and other places; 3. Purchase real estate or build, expand or decorate high-grade houses; 4. Rent high-grade office buildings, hotels, apartments and other office places; 5. Purchase and operate non-essential vehicles; 6. Travel and vacation; 7. Children attend private schools with high fees; 8. Pay high premiums to buy insurance and financial products; 9. Other high consumption behaviors that are not needed in life and work.

If the person subjected to execution is a unit, the person subjected to execution and his legal representative, principal responsible person and person directly responsible for debt performance shall not use the property after high consumption is restricted. The unit conducts the above-mentioned consumption behavior.

Two: What is a credit card?

Credit card, also known as credit card, is a credit certificate issued by commercial banks or credit card companies to eligible consumers. In the form of a card, the name, expiration date, number and cardholder's name are printed on the front, and the magnetic stripe and signature strip are printed on the back. Consumers with credit cards can shop or spend in specialized commercial service departments, and then banks will settle accounts with merchants and cardholders. Cardholders can overdraw within a certain amount.