The adverse effects and consequences of a faithless person are as follows:

1. Assets under one's name are seized and auctioned.

2. Prohibit high consumption (such as hotels, hotels, golf courses and other high-end places above the star level), and restrict stock trading, buying houses and going abroad.

3. You can't go to banks or other financial institutions to apply for loans and credit cards.

4. Never be the legal representative, director, supervisor or senior manager of any company nationwide.

5. You can't fly, you can't buy a soft berth on a train or a second-class cabin on a ship, you can't take all the seats on the G-prefix EMU train or the first-class seats on other EMU trains, you can't buy a private car instead of walking, and your car can't get on the high speed.

6. Children can't attend private schools with high fees (public schools can still enroll normally).

7. Synchronize Sesame Credit with the list of untrustworthy executors.

8. The maximum sentence will be 7 years (if the circumstances are serious, it will be sentenced to fixed-term imprisonment of not more than 3 years, criminal detention or fine; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and fined.

Legal basis:

"Several Provisions of the Supreme People's Court Municipality on Publishing the Information of the List of Executed Persons with Bad Faith" Article 1 If the executed person fails to perform the obligations specified in the effective legal document and has one of the following circumstances, the people's court shall include him in the list of executed persons with bad faith and impose credit punishment on him according to law: (1) If he has the ability to perform and refuses to perform the obligations specified in the effective legal document; (2) Obstructing or resisting execution by forging evidence, violence or threats; (3) evading execution by means of false litigation, false arbitration or concealing or transferring property; (4) Violating the property reporting system; (5) Violating the consumption restriction order; (6) refusing to perform the settlement agreement without justifiable reasons.

Article 3 of the Provisions of the Supreme People's Court Municipality on Restricting the High Consumption of the Executed Person, if the executed person is a natural person, he/she shall not have the following high consumption and consumption behaviors that are not necessary for life and work after taking the consumption restriction measures: (1) When taking the means of transportation, he/she shall choose the second-class or above cabins of airplanes, trains and ships; (two) high consumption in hotels, hotels, nightclubs, golf courses and other places above the star level; (three) the purchase of real estate or new construction, expansion, high-grade decoration housing; (four) leasing high-grade office buildings, hotels, apartments and other places to work; (five) the purchase of non-essential vehicles; (6) Travel and vacation; (seven) children attend private schools with high fees; (8) Paying high premiums to purchase insurance wealth management products; (9) Take all seats of G-prefix EMU trains and other non-essential consumption behaviors such as first-class or above seats of other EMU trains. If the person subjected to execution is a unit, after the consumption restriction measures are taken, the person subjected to execution, its legal representative, principal responsible person, the person directly responsible for affecting the performance of the debt and the actual controller shall not carry out the acts specified in the preceding paragraph. Anyone who uses personal property for private consumption to commit the acts specified in the preceding paragraph may apply to the enforcement court. If the examination by the enforcement court is true, it shall be allowed.