If the user can repay the loan for free, it is necessary to negotiate with the lending institution to extend the repayment period or repay the loan in installments. If the lender fails to perform the court decision within the performance period after winning the case, it will be enforced. When hearing the application for enforcement, the court will check the houses, cars, securities and deposits under the lender's account according to laws and regulations. If the lender has no executable property under its name and refuses to perform the effective judgment of the court, it will record negative information such as overdue repayment in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody. These are the consequences if poor households cannot get 50,000 loans.

What procedures do poor households need for loans?

1. The customer needs to prepare the original ID card, the original household registration book and a copy of the lender in advance;

2. Fill in the loan application form and provide mortgage collateral;

3. Sign the Guarantee and Counter-guarantee Contract with the insurance company and the Loan Contract with the loan issuing bank;

4. Just submit the bank card number of the lending bank.

This article mainly talks about what will happen if poor households can't repay 50 thousand loans, and the content is for reference only.