What happens if you owe Gitzo money?

Don't the money owed to Gitzo have the following consequences:

1. Lending disputes are civil disputes, and generally they will not go to jail. If the other party sues you for overdue payment, the court can enforce it, and you have to bear double interest on the debt.

2. If the payment is overdue, a penalty interest of 150% of the overdue amount will be charged on a daily basis, and the credit information will be reported and included in the credit information in strict accordance with the requirements of the People's Bank of China. Due to overdue payment, the credit record cannot be revoked.

3. If the debtor fails to perform the judgment of the court within the performance period, the creditor may apply to the court for enforcement after the lender brings a lawsuit to the court.

4. When accepting the execution, the court shall investigate the real estate, deposits and securities under the debtor's name according to law.

5. In addition, if the debtor has no property to be executed, refuses to comply with the effective judgment of the court, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be detained by the judicial authorities.

6. Those who have the ability to repay and refuse to repay are suspected of refusing to execute the judgment or ruling.

7, long-term arrears, malicious overdue, will be included in the credit information system, affecting the use of loans and credit cards in the future, until the record can not be eliminated after five years, during which you may also encounter telephone bombing, causing trouble to family and friends.

If the circumstances are serious, you will go to jail. What is certain is that the five-year arrears will still be included in the credit information system, which will affect future loans or house purchases. If there is no repayment, this behavior of borrowing first and then cheating has been suspected of loan fraud.

Extended data:

Consequences of breaking a promise

1, the release of "Lao Lai blockbuster" increased exposure.

LED large-screen exposure, network exposure, public transport media exposure, and even cinema circulation.

2. Customize Lao Lai's exclusive CRBT.

In order to jointly punish Lao Lai, Luoyang, Enshi, Wuhu and other courts reached an agreement with local communication operators to formulate Lao Lai's exclusive color ring back tones. When the mobile phone calls, the other party will hear the "special reminder from Lao Lai" and will urge the caller to fulfill the repayment obligation as soon as possible.

3. The whole network inquired about assets, and the balance of Alipay was frozen.

The people's court has the right to inquire about your personal assets. The court in Huangdao, Kunming, conducted a network-wide asset inquiry on a dishonest person, and found that there were more than RMB 65,438+10,000 in the Alipay account with real name authentication. Immediately, the court handed over the Financial Statement of Assistance in Freezing to Alipay headquarters and obtained cooperation, and successfully frozen its assets in Alipay.

4. WeChat reward announcement

Guangzhou Intermediate People's Court uses new media means such as WeChat platform to release the information of "Lao Lai", which helps to further solve the "implementation difficulty". Last year, 38 bonuses were awarded, involving an amount of 247 million yuan. Recently, WeChat friends circle advertisements have also exposed "Lao Lai", using big data to accurately deliver, so that Lao Lai has nowhere to escape.

Peking University Legal Information Network-Regulations on the Administration of Credit Information Industry