Parents' inability to repay will not affect the three generations, and the loan owed to the bank cannot be repaid, which belongs to personal behavior and has no effect on children's loans, schooling, employment, joining the army, etc. However, the failure to repay will have the following effects: personal credit information will be damaged, which will affect the handling of various loans in the future, and users will not be able to handle any credit business, even bank-related business. Generate corresponding penalty interest and late payment fee. Be sued by the bank. If the bank sues and the court still refuses to repay the loan after the judgment, it will be included in the list of untrustworthy people, which will have an impact on children. Children can't study in private schools with high fees. 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 lending institution fails to perform the judgment of the court within the performance period after suing the court and winning the case, it will apply to the court for enforcement; When the court accepts enforcement, 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 executable property under his name, refuses to perform the effective judgment of the court, and the negative information such as overdue repayment 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.

Legal basis:

Article 3 of the Regulations of the Supreme People's Court on Restricting the High Consumption of the Executed Person stipulates that if the executed person is a natural person, after taking measures to restrict consumption, he shall not have the following high consumption and unnecessary consumption behaviors:

(a) when taking the means of transportation, choose the second class or above of the plane, train soft sleeper and ship;

(two) high consumption in hotels, hotels, nightclubs, golf courses and other places above the star level;

(three) the purchase of real estate or new construction, expansion, high-grade decoration of housing;

(four) leasing high-grade office buildings, hotels, apartments and other places to work;

(5) Purchasing non-essential vehicles;

(6) tourism and vacation;

(seven) children attending private schools with high fees;

(8) Paying high premiums to purchase insurance wealth management products;

(9) Non-essential consumption behaviors such as taking all seats of G-prefix EMU trains and first-class and above seats of other EMU trains.

Derivative problem:

Do parents have loans for their children to repay?

Parents do not have to repay their children's loans. The creditor's right can only be exercised against the debtor. If a parent dies and inherits an estate, the successor shall pay off the taxes and debts that the decedent should pay according to law within the limit of the actual value of the estate obtained. The part exceeding the actual value of the estate shall be voluntarily repaid by the heir. If the heir renounces inheritance, he may not be liable for paying off the taxes and debts that the decedent should pay according to law.