Consequences of not repaying the loan:

1. The lending bank will collect the loan according to law. According to the loan contract and guarantee contract (mortgage or pledge contract), the lending bank will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and the loan guarantor and sealing up the pledged property.

2. After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses.

Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, and all litigation costs arising therefrom, and related expenses incurred when disposing of pledged property.

3. Credit will be affected. If the borrower is a company, your company will be recorded in the national bank credit information system, and loans in the name of individuals will also be recorded as overdue loans in the national personal credit information system.

4. If you don't owe the bank a loan in bad faith and have the ability to pay the interest on the normal loan, it is recommended to apply to the loan bank for an extension of the loan first, explaining the willingness to repay, the fact that you haven't repaid the loan for the time being and the plan for repayment in the future. Under normal circumstances, the bank will give a grace period.

Legal basis:

"Interim Measures for Personal Loans" Article 11 An application for personal loans shall meet the following conditions:

(1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;

(2) The purpose of the loan is clear and legal;

(3) The amount, duration and currency of the loan application are reasonable;

(4) The borrower has the willingness and ability to repay;

(5) The borrower's credit status is good and there is no significant bad credit record;

(6) Other conditions required by the lender.

What if the online loan 1500 is not repaid?

1000-5000 If the loan is not repaid, the lending institution may require the borrower to pay the overdue repayment interest, and may urge the debtor to remind the borrower of the loan amount and repayment date in time.

legal ground

Article 676 of the Civil Code

If the borrower fails to repay the loan within the agreed time limit, it shall pay overdue interest in accordance with the agreement or relevant state regulations.

Article 67 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks

The issuing bank shall promptly remind the cardholder of the overdraft amount due and the repayment date. Unless the cardholder provides false information or changes the contact information without notifying the issuing bank.

Article 68

The issuing bank shall collect money from the debtor himself and his guarantor, and shall not collect money from a third party unrelated to the debt, or use improper means such as violence, coercion, intimidation or abuse. The collection process shall be recorded, and the recorded materials shall be kept for at least 2 years for future reference.

What will happen to CCB loan 1500 yuan?

The loan from CCB 1500 yuan will have adverse consequences. According to relevant legal information, owing bank loans will have the following effects.

1, owing a bank loan is still a civil issue, and it will not be investigated for criminal responsibility and imprisoned.

2. After the creditor wins the case, if the debtor fails to perform the judgment within the performance period, the creditor may apply for enforcement.

3. When accepting enforcement, the debtor's property, vehicles, securities and deposits will be inquired according to law.

4. In addition, if the debtor has no executable property under his name and refuses to perform the effective judgment, negative information such as overdue payment will be recorded in his personal credit report, which will restrict his high consumption and entry and exit, and may even lead to judicial custody.

5. Refusing to execute a judgment or ruling is suspected of refusing to execute a judgment or ruling.

6. Article 313th of the Criminal Law: Crime of refusing to execute a judgment or ruling. Those who refuse to execute the judgment or ruling, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or fine.

This concludes the introduction of how to handle the loan of 1500 and how to handle the loan of 15000. I wonder if you found the information you need from it?