Legal analysis: Failure to repay debts will not result in blacklisting. Those who are able to repay but refuse to repay will be blacklisted.

Legal basis: Article 118 of the "People's Republic of China and Civil Code" Civil subjects shall enjoy creditor's rights in accordance with the law.

Obligation is the right of the obligee to request that a specific obligation be performed or refrain from performing a certain act due to contracts, torts, management without cause, unjust enrichment, and other provisions of the law.