First of all, the house can be auctioned.

2015 On May 5th, the Supreme People's Court issued the Provisions on Several Issues Concerning People's Courts Handling Objection and Reconsideration Cases, in which Article 20 clearly stipulates that: in the execution of monetary creditor's rights, the people's court will not support the person subjected to execution on the grounds that the object of execution is the residential house necessary for him and his dependent family to maintain his life; if the person who has the obligation to support the person subjected to execution has other residential houses necessary for maintaining his life; After the execution basis comes into effect, the person subjected to execution transfers other houses under his name in order to avoid debts; The executor of the application provides housing for the executor and his dependent family members according to the local low-rent housing security area standard, or agrees to deduct the rent for five to eight years from the variable price of the house with reference to the average rent standard of the local housing rental market. According to the execution basis, the house delivered by the person subjected to execution shall be given a grace period of three months from the date of delivery of the execution notice. If the person subjected to execution raises an objection on the grounds that the house is a necessity for himself and his dependents, the people's court will not support it.

Second, a bad reputation.

If the credit card can't repay the money in installments, the impact will be more serious. If the third installment is not paid back, it is recommended to pay back the money on time in the future, otherwise it will be blacklisted by the bank, and if it is serious, it will be prosecuted by the bank.

In terms of legal relationship, the legal relationship of borrowing is vivid, clear and simple, while the legal relationship of arrears may be more complicated, and the background behind arrears may be much more complicated;

1, loan

The nature of arrears and loans is different, and the reasons for their formation are also different. IOUs prove the loan relationship, and loans are mainly generated by borrowing; The IOU proves the debt relationship. As far as IOUs and debt certificates are concerned, their effects are different, and the degree of security of creditor's rights is also different. If the other party issues you an IOU, assuming that a lawsuit is initiated, it may involve complicated background and legal relationship. If the other party breaches the contract, it is said that it is because of the IOUs written by gambling debts, and the problem is more complicated; And IOUs won't cause so many problems. Interest payment: With regard to the interest rate of loan, Article 2 1 1 of the Contract Law clearly stipulates that if there is no agreement or unclear agreement on interest payment in the loan contract between natural persons, it shall be regarded as not paying interest; There is no uniform regulation on the interest rate of arrears.

2. Loans

Formal loans should be linked to personal credit information. When applying for a loan, you should check your credit information. If overdue repayment occurs, it will have a negative impact on personal credit information. It is suggested that you make a loan according to your own ability and repay it on time to maintain credit information. There are so many loan platforms now. If you choose a big platform loan, you can ensure the safety of funds and information, and the use of loans is more assured.