Hello, there are two main effects: 1, facing huge repayment, although you only get a small proportion of money, the lender fills in his own name, and the repayment person is naturally you. If you don't repay, in addition to the principal and loan interest, you will also face penalty interest. 2. Personal credit information is affected, and it will seriously enter the "blacklist of Lao Lai". If you don't repay for a long time, your personal credit will be tainted. In the future, if you want to have a credit relationship with the bank, it is impossible to buy a house and a car with a loan! If you still don't pay it back, the bank may take tough measures to take you to court. If the arrears are not implemented, they will be included in the "blacklist of executed persons". High-speed trains and planes can't be taken, and the money in Alipay may be deducted at any time.

I. Loans

Loan (electronic IOU credit loan) is simply understood as borrowing money with interest. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

Second, the principle of loan

The "three principles" refer to safety, liquidity and efficiency, and are the fundamental principles of commercial banks' loan operation. Article 4 of People's Republic of China (PRC) Commercial Bank Law stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and be self-disciplined, and take safety, liquidity and efficiency as their operating principles."

1, loan security is the primary problem faced by commercial banks;

2. Liquidity refers to the ability to recover the loan within a predetermined period or realize it quickly without loss of land, so as to meet the needs of customers to withdraw deposits at any time;

3. Efficiency is the basis of sustainable operation of banks.

For example, if a long-term loan is issued, the interest rate will be higher than that of a short-term loan, and the benefit will be good. However, if the loan term is long, the risk will increase, the security will decrease and the liquidity will weaken. Therefore, the "three natures" should be harmonious, so that there can be no problem with the loan.