In real life, Lai has become a hot topic. Some people, once they have a bad record, avoid paying back money, which has a number of negative effects on society. So, what happens if I don't pay back my money? Analysis from multiple angles。

What happens if I don't pay back

I. IMPLEMENTING YOUR Credibility

Lai is often placed on a “blacklist”, which is recorded and which greatly affects his credibility. The need to apply for loans in the future, to enter into rental contracts and to apply for credit cards is extremely limited. Some of those who are disbelieving are even restricted from leaving the country, causing some inconvenience to life。

II. Legal sanctions

Lai ' s failure to pay is an offence and is legally responsible. If the amount of money borrowed is significant, the counterparty will use legal means to collect the debt. If they remain unwilling to pay, they may even face criminal liability. At the same time, some may be at risk of being detained or even imprisoned while taking advantage of legal loopholes and avoiding non-payment。

III. IMPACT ON SOCIAL SECURITY

The vicious circle of social behaviour leads to problems of social security. If a large number of people are left behind, all kinds of economic transactions, such as borrowing and the purchase of goods, are greatly affected, with the potential for social insecurity. In addition, there are those who, in order to avoid debt collection, carry out violent attacks against debt collectors, threatening public security。

Psychological stress and hardship

Some of them are unable to afford living expenses, rents and credit, for long periods of time, which can lead to hardship and desperate anxiety. At the same time, there is psychological stress associated with debt disputes, which can lead to mental problems. In the case of poor governance, Lai may even become a source of conflict at the bottom of society。

In short, the consequences of a lifetime non-payment are extremely serious. As a person with a sense of morality and civic responsibility, it is important at all times to consciously abide by the terms of the loan contract so as not to cause itself many problems on the road to life。