Yes

In 2021, major P2P platforms such as CMA CGM have already cleared their accounts, and many old people think that "clearing" means they can borrow money without paying it back. The good news is that courts across the country are cracking down on enforcement difficulties and have introduced a number of new regulations. From November 1, 2015, the "Criminal Law Amendment (9)" was officially implemented. Among them, Article 313 of the Criminal Law is revised to read: “Whoever refuses to execute the judgment or ruling of the People’s Court despite being able to do so, and the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention, or a fine; Those who are particularly serious shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years, and shall also be fined.” CAF Cloud Loan will also use legal weapons to protect its own rights and interests and pursue the behavior of platform laols to the end.

Dafei Yundai stated that if you are willing to be a defaulter, you will definitely be included in the list of dishonest persons subject to enforcement. People's courts at all levels will notify the credit reporting agencies of the list of dishonest persons subject to enforcement, and the list will be The credit reporting agency will record it in its credit reporting system and enter it into the Supreme People's Court's list of dishonest persons subject to enforcement and publish it to the public. The relevant departments will jointly punish those responsible for dishonest behavior that seriously endangers normal order. The scope of punishment includes traveling by means of transportation and not being able to choose second-class or higher seats; consumption restrictions at high-consumption entertainment venues; children will also be disqualified from attending private schools. In other words, in China, there is only one way left for them: solve the problem of breach of trust and pay back the money they owe, so that they can have everything again. Otherwise, you will be unable to escape to the ends of the earth.

As the state "severely cracks down" on Lao Lai, in addition to canceling the right to high consumption, it also adds a new punitive measure, that is, the "only house" under the name of the person subject to execution is available for execution. It can be seen that the state The severe punishment attitude has ushered in another major upgrade, and the old people who do not repay the money they owe on the CAF Cloud Loan platform will truly have a "hard life".

Extended information:

Being included in the list of dishonest persons subject to execution will have the following consequences

Being included in the list of dishonest persons subject to execution will bring many adverse consequences. The person subject to execution will be subject to credit penalties in aspects such as government procurement, tendering and bidding, administrative approval, government support, financing credit, market access, qualification recognition, etc. At the same time, the people's court can also restrict the high consumption of the person subject to execution for dishonesty.

1. The only housing court of the person subject to execution can be auctioned. Even if the person subject to execution only owns one house, he can still be executed. The person applying for execution provides the person subject to execution with a small-sized house in accordance with the low-rent housing standards to maintain his or her daily necessities; the person applying for execution provides the person subject with execution with rental expenses for 5 to 8 years based on the local average rental price.

2. Seize and freeze the Alipay account of the person subject to execution. Funds in online virtual transaction accounts such as Alipay, mobile payment, and WeChat payment are also within the scope of property of the person subject to execution that can be enforced by the court. Being on the list of dishonest persons subject to execution, online booking, insurance purchase, renting, blind dates, etc. will be restricted in the future.

3. The property of the person subject to execution can be frozen with one click of the mouse. Without leaving home, the execution judge can check, freeze and deduct the financial property of the person subject to execution in more than 4,000 banking and financial institutions across the country with just one click of the mouse.

4. The list of dishonest persons subject to enforcement is synchronized with Sesame Credit, and online shopping is restricted. The Supreme People's Court and Zhima Credit signed a memorandum of cooperation on credit punishment for dishonest persons subject to enforcement. The dishonest person subject to enforcement applies for loans and financing, purchases air tickets, train soft sleepers, insurance and financial products, non-essential vehicles for business, travel and vacation products, etc. through Taobao or Tmall platforms, books hotels and hotels with three stars or above, and purchases luxury goods on the Internet. High-consumption activities such as transactions are restricted.

5. Persons subject to breach of trust shall not hold high-level positions. Any natural person who has the ability to repay but refuses to repay all or part of due debts and is included in the list of dishonest persons subject to execution by the people's courts at all levels across the country (i.e., "untrustworthy persons subject to execution") will be subject to credit punishment. Shall not serve as the legal representative, director, supervisor or senior manager of any company nationwide.

6. The vehicle of the person subject to breach of trust is not allowed to drive on the highway. Car travel in the name of the "dishonest person subject to execution" will also be restricted, and entry and exit of expressway toll stations will be temporarily detained, and the expressway law enforcement will be transferred to the court for processing. Now, water, land, air and highway travel are all blocked.

7. Use water, land and air to prevent the dishonest person from traveling. Those subject to execution for breach of trust cannot buy airplane tickets, cannot buy soft sleeper seats on trains or second-class or higher cabins on ships, cannot ride on first-class seats on high-speed rails and high-speed trains, and cannot buy private cars for transportation.

8. High consumption is prohibited. The person subject to execution for dishonesty is not allowed to spend as he pleases in hotels, hotels, nightclubs, golf courses and other places with star ratings or above; he is not allowed to buy or renovate a house; he is not allowed to travel or go on vacation; he is not allowed to apply for credit cards and loans from banks. Difficult to approve.

9. Children of persons subject to breach of trust are not allowed to attend high-fee private schools.