If it is really unable to repay, it shall negotiate with banks or lending institutions to extend the repayment period or repay it in installments.

What happens if you don't borrow money?

1. If the lending institution or bank fails to perform the judgment within the performance period after winning the case, it will apply for enforcement.

2. When compulsory execution is accepted, the lender's property, vehicles, securities and deposits will be inquired according to law.

3. If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.

4. Refusing to execute a judgment or ruling is suspected of refusing to execute a judgment or ruling.

Extended data:

Loan review recommendations:

Carefully examine each loan, and do not base the risk judgment of the loan on past examination or credit. Just because the borrower repaid the principal and interest on time in the past, the review or investigation procedures should not be relaxed.

Establish a fixed-term appointment system for the legal representative of the borrower and its main management personnel. The appointment period can be determined according to the size of the loan amount and the changes in the production and operation of the borrower. If the loan amount is large, the appointment period should be shortened accordingly.

Loan officers (loan officers, members of the credit review team and members of the credit review committee) shall not engage in improper private contact with borrowers in loan activities.

Credit officers and their immediate family members shall not accept the borrower's cash, precious gifts, shopping vouchers, etc. ; Shall not participate in recreational activities paid by the borrower; No expenses shall be repaid to the borrower.

For loans with large loan amount and long term, or loans used by borrowers for specific purposes, lawyers, accountants and other professionals should be hired to make professional judgments and provide expert opinions on related matters.