Current location - Loan Platform Complete Network - Loan consultation - Hello, I, Yiren, borrowed 50,000 yuan and repaid more than 40,000 yuan. I was told that I would pay back 20,000 yuan. What should I do if I have no money?
Hello, I, Yiren, borrowed 50,000 yuan and repaid more than 40,000 yuan. I was told that I would pay back 20,000 yuan. What should I do if I have no money?

Hello, there will be no consequences for the loan:

1. If the lending institution or bank fails to fulfill the court judgment during the performance period after winning the lawsuit, it will apply for Court enforced.

2. When accepting compulsory execution, the court will inquire about the properties, vehicles, securities and deposits in the name of the lender in accordance with the law.

3. If the lender has no property available for enforcement and refuses to fulfill the court’s effective judgment, negative information such as overdue repayment will be recorded in the personal credit report and high consumption and entry and exit will be restricted. , and may even be subject to judicial detention.

4. If the person has the ability but refuses to execute, he is suspected of refusing to execute the judgment or ruling.

The above answers are provided by Ronglian Weiye, please refer to them