If the lending institution fails to perform the judgment of the court within the performance period after suing the court and winning the case, it will apply to the court for enforcement;
When the court accepts enforcement, it will inquire about the real estate, vehicles, securities and deposits under the name of the lender according to law;
If the lender has no executable property under his name, refuses to perform the effective judgment of the court, and the negative information such as overdue repayment will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody.
Basically, it won't affect, and you can repay on time in the future.
Consequence 1: Failure to repay the bank loan will first affect personal credit and leave a stain. The date of overdue repayment will be recorded in detail in the credit report. Those overdue for no more than 90 days will be blacklisted. You can't apply for a credit card in the bank for two years, so it's difficult to apply for a loan again.
Consequence 2: At first, the arrears are not paid back, and the circumstances are still light. The bank will send a text message or call for payment. If the loan is overdue for a long time, the collection system will be used and someone will be sent to collect it.
Consequence 3: involving a large sum of money, long-term loan default will be prosecuted by the bank. The court will seal up the property under its name according to law, and finally it is necessary to repay the loan with the assets under the personal name.
Consequence 4: If the lender refuses to repay the loan, if the circumstances are serious, the court will investigate the criminal responsibility of the lender.
Legal basis: Article 255 of the Civil Procedure Law of People's Republic of China (PRC) stipulates that if the person subjected to execution fails to perform the obligations specified in the legal documents, the people's court may take or notify the relevant units to assist in taking measures such as restricting exit, recording in the credit information system, publishing non-performance information through the media and other measures prescribed by law.