1. Banks pursue debts and sue themselves.

According to the loan contract and guarantee contract, the loan bank will sue the court, and the court will take measures such as property preservation, including freezing the deposits in all bank accounts of itself and the loan guarantor (the funds in its own bank account, including the online virtual trading account under its name, also belong to the property that the person subjected to execution can be executed by the court). If you can't repay in time, all your online payment platform accounts will be frozen and your pledged property will be seized.

After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, and all litigation costs arising therefrom, and related expenses incurred when disposing of pledged property.

2. Credit will be greatly affected.

(1) If the borrower is a company, your company will be recorded in the national bank credit information system, and loans in the name of individuals will also be recorded as overdue loans in the national personal credit information system. If the lending bank does not eliminate the record of interest, it may not be able to get all bank loans in the future.

(2) A natural person whose debtor is listed in the list of people who have been executed for breach of trust by people's courts at all levels in China will be punished by credit, and may not be the legal representative, director, supervisor or senior manager of any company nationwide. In addition, the debtor's vehicle is not allowed to get on the high-speed, and traveling to buy air tickets will block the high-speed rail.

If the loan is not paid, the solution is as follows:

1. Apply for deferred repayment: If you have a good attitude and show inability to repay in a short time, you can apply for deferred repayment from the bank;

2. Apply for installment repayment: when the repayment amount is too large and the repayment ability is insufficient, you can apply for installment repayment, and you can divide the arrears into multiple installments to ease the repayment pressure of each installment;

3. Borrow money from relatives and friends to repay: If the amount owed is not large, you can borrow money from relatives and friends to repay the debts of the bank first, and then return the borrowed money afterwards;

4. Repayment of assets at a discount: If you have jewelry, real estate, vehicles and other properties in your hand, you can discount these items to repay the debts of the bank.

Legal basis: Article 675 of the Civil Code of People's Republic of China (PRC).

The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and 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, it shall pay overdue interest in accordance with the agreement or relevant state regulations.

Article 677

If the borrower repays the loan in advance, unless otherwise agreed by the parties, the interest shall be calculated according to the actual loan period.