What are the consequences of the loan money?

If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay it in installments;

If the lender fails to perform the judgment within the performance period after winning the case, it will apply for enforcement;

When accepting compulsory execution, it will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law;

If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.

Basically, it won't affect, and you can repay on time in the future.

Second, what will happen to mobile phone software loans?

Not yet. Some debt collectors look for you, your home, your company, friends and colleagues. They will call the people in your address book first, and then the debt collection group will come to collect debts. If they still don't pay back, they will charge you according to the length of time. Credit investigation is a black account, and you can't apply for any loan business before it is paid off. Secondly, there will be additional costs after the deadline. I wish you a happy life.

Third, what happens when software borrows money?

The software borrowed money and didn't pay it back, and the credit was damaged for the first time. Second, because they haven't got up yet, they will be investigated for legal responsibility. The third loan may be. If the lender fails to provide the loan according to the agreed date and amount, thus causing losses to the borrower, it shall compensate for the losses. If the borrower fails to collect the loan according to the agreed date and amount, it shall pay interest according to the agreed date and amount. According to Article 671 of the Civil Code, if the lender fails to provide the loan on the agreed date and amount, thus causing losses to the borrower, it shall compensate for the losses. If the borrower fails to collect the loan according to the agreed date and amount, it shall pay interest according to the agreed date and amount.