The standard of illegal households is bad credit and a serious bad credit record. Once you become a black household, it will have a very bad influence on your life. Under normal circumstances, if someone is blacklisted by the bank because of violation of laws and regulations, the person who can no longer apply for a loan from the bank is called a bank black account. People with a large number of bad records in their personal credit records will be called credit black households. The two kinds of black households mentioned above are collectively referred to as loan black households, so the concept of black households is relatively broad.

Credit black households generally refer to people whose credit cards are seriously overdue or whose loans are seriously overdue, because such people are blacklisted by banks. The credit report reflects that the applicant has a serious bad record, the applicant's willingness or ability to perform the debt is seriously flawed, and the previous debt has formed a factual risk. Black households cannot borrow money, mainly from formal financial institutions such as banks, which is also a regulatory requirement. Lending a loan to a customer with bad credit, the bank may issue a ticket, which is completely unexpected to most of us, even for the convenience of mortgage.

Credit black households can't get loans. First, it is for the safety of credit funds. The second is to maintain financial order and financial stability. Black households with credit information should maintain good consumption and repayment habits if they want to wash their accounts, and the bad records of personal credit information will be cleared automatically after 5 years.

Article 1 of "Several Provisions of the Supreme People's Court Municipality on Publishing the Information of the List of Executed Persons with Disbelief"

If the person subjected to execution fails to fulfill the obligations specified in the effective legal documents, and under any of the following circumstances, the people's court shall include him in the list of people subjected to execution for breach of trust and impose credit punishment on him according to law:

(1) Having the ability to perform and refusing to perform the obligations specified in the effective legal documents;

(2) Obstructing or resisting execution by forging evidence, violence or threats;

(3) evading execution by means of false litigation, false arbitration or concealing or transferring property;

(4) Violating the property reporting system;

(5) Violating the consumption restriction order;

(6) refusing to perform the settlement agreement without justifiable reasons.