What are the consequences of the loan?
1. If the lending institution or bank fails to perform the court's judgment during the performance period after suing the court and winning the case, it will apply to the court for compulsory execution.
2. When accepting enforcement, the court will inquire about the real estate, vehicles, securities and deposits in the name of the lender according to law.
3. If the lender has no executable property under its name and refuses to perform the effective judgment of the court, negative information such as overdue repayment will be recorded in the personal credit report, which will restrict high consumption and entry and exit, and may even lead to judicial custody.
4. If you have the ability to refuse to execute, you are suspected of refusing to execute the judgment or ruling.