If you are really unable to repay, you must discuss with the bank in advance whether to refinance or extend the loan through other methods. The bank does not want you to be unable to repay the loan and it will become a bad debt.

In a legal sense, if you do not repay, the bank can enforce all your existing properties through court proceedings. If there is no executable property, it will become a bad debt of the bank. However, if an individual goes to the People's Bank of China's credit reporting system, it is impossible to get a loan from other banks. At the same time, individuals will enter the national restricted high-spending list and will not be able to enjoy star-rated hotels, airplanes, etc.