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. Basically, it won't affect, and you can repay on time in the future.

Extended data:

Definition of Article 84 of General Principles of Civil Law of People's Republic of China (PRC)

Debt is a specific right and obligation relationship between the parties according to the contract or the law. Creditors are creditors and debtors are debtors. The creditor has the right to require the debtor to perform its obligations in accordance with the contract or according to law.

Article 89 Debt guarantee

In accordance with the provisions of the law or in accordance with the agreement of the parties, the following methods can be used to guarantee the performance of debts:

(1) The guarantor assures the creditor that the debtor will perform the debt, and if the debtor fails to perform the debt, the guarantor will perform or bear joint liability as agreed; The guarantor has the right to recover from the debtor after performing the debt.

(2) The debtor or a third party may provide certain property as collateral. When the debtor fails to perform the debt, the creditor has the right to discount the collateral or give priority to compensation with the price of selling the collateral according to law.

(3) One party may pay the deposit to the other party within the scope prescribed by law. After the debtor performs the debt, the deposit shall be used as the price or recovered. If the party paying the deposit fails to perform the debt, it has no right to demand the return of the deposit; If the party accepting the deposit fails to perform the debt, it shall return the deposit twice.

(4) If one party occupies the other party's property according to the contract, and the other party fails to pay the payable amount according to the contract within the agreed time limit, the possessor has the right to retain the property, and the retained property is discounted according to law or repaid with the price of selling the property.

Article 108 Payment of debts

The debt should be paid off. If it is temporarily unable to repay, it may be repaid by the debtor in installments with the consent of the creditor or the ruling of the people's court. Those who have the ability to repay and refuse to repay shall be forced to repay by the people's court.

References:

Baidu Encyclopedia-General Principles of Civil Law in China