The consequences of not repaying the money you owe are as follows:

1. If the repayment is not repaid by the repayment date, if the corresponding liability for breach of contract is stipulated in the IOU, such as: late payment fees, etc., In the end, the debtor may have to bear liquidated damages in addition to the principal and interest;

2. If the creditor still fails to repay the debt after being judged after suing the court, it may have an impact on the debtor's credit and be included in the list. Blacklist;

3. Pure private lending is generally not sufficient for criminal liability, but if the debtor uses fictitious facts or conceals the truth for the purpose of illegal possession, to defraud a relatively large amount of public or private property behavior may constitute the crime of fraud and be held criminally responsible;

4. If the person fails to repay the money after the court's judgment, it may constitute a crime and the crime of refusing to execute the judgment and will be sentenced to Fixed-term imprisonment of not more than three years, criminal detention or a fine.

Things to note in creditor litigation:

1. Pay attention to the collection of evidence. Civil litigation implements the principle of "whoever makes the claim must provide evidence." If the creditor cannot provide evidence for his or her claim, , you will have to bear adverse legal consequences;

2. The statute of limitations should not ignore debt disputes. The statute of limitations is very important. If the creditor does not assert his rights within the time limit specified by law, he will lose his rights. Right to win.

To sum up, owing money is still recognized as a bad behavior. This kind of behavior will destroy the foundation of mutual trust in society and affect social fairness and justice. It can be seen that owing money is still very undesirable. of.

Legal basis:

Article 675 of the "People's Republic of China and Civil Code."

The borrower shall return the money within the agreed time limit loan. If there is no agreement on the loan period or the agreement is unclear, and it cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; the lender may urge the borrower to return it within a reasonable period of time.

Article 676

If the borrower fails to repay the loan within the agreed time limit, he shall pay overdue interest in accordance with the agreement or relevant national regulations.

Article 677

If the borrower returns the loan in advance, interest shall be calculated based on the actual borrowing period, unless otherwise agreed by the parties.

Article 678

The borrower may apply to the lender for an extension before the expiration of the repayment period; if the lender agrees, the extension can be made.

Article 679

A loan contract between natural persons is established when the lender provides the loan.

Article 680

Lending at high interest rates is prohibited, and the interest rate for borrowing must not violate relevant state regulations.

If the loan contract does not stipulate the payment of interest, it will be deemed that there is no interest.

If the loan contract does not clearly stipulate the payment of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to local or party transaction methods, transaction habits, market interest rates and other factors; if a loan is made between natural persons, it shall be deemed to have no interest. Interest.