Although Wang Sicong was restricted by the court, he finally paid back the money he owed. The specific reason why he didn't change it immediately can only be known to me.

However, the consequences of being listed as a dishonest person by the court are still very serious:

1. Name, ID number and other information will be published on the "China Enforcement Information Disclosure Network"; < /p>

4. Restrictions on taking out loans to buy a house or a car or renting high-end office buildings, apartments, etc.;

5. Not allowed to travel for vacation or hold important positions such as company executives;

6 , Children are restricted from attending high-cost private schools;

7. Insurance and financial products with high premiums cannot be purchased;

8. The operation of related enterprises is restricted;

9. Other high consumption behaviors that are not necessary for life and work.

Legal Basis

Article 3 of the "Several Provisions of the Supreme People's Court on Restricting High Consumption of Persons Subject to Execution" stipulates that if the person subject to execution is a natural person, the person subject to execution shall After restricting high consumption, the following behaviors of paying with property are prohibited:

(1) When taking transportation, choose second-class or higher cabins on airplanes, trains, and ships;

(2) High consumption in star-rated hotels, hotels, nightclubs, golf courses and other places;

(3) Purchase of real estate or newly built, expanded or high-end decorated houses;

( 4) Leasing high-end office buildings, hotels, apartments and other places to work;

(5) Purchasing vehicles that are not necessary for business;

(6) Traveling and vacationing;

(7) Children attending high-fee private schools;

(8) Paying high premiums to purchase insurance and financial products;

(9) Other high-consumption behaviors that are not necessary for life and work.

Extended information:

The person subject to execution for breach of trust is commonly known as "Lao Lai", which refers to the "person subject to execution who has the ability to perform" as determined by the People's Republic of China and the people's courts at all levels in the country. Persons who fail to perform the obligations specified in effective legal documents." According to relevant regulations, all persons who are included in the "list of dishonest persons subject to enforcement" by the people's court will be restricted in high consumption and related consumption that is not necessary for life or business.