Will owing Gitzo more than 10,000 yuan become a blacklist of untrustworthy people?

Legal analysis: it will not be blacklisted, but it may face the following consequences: 1, high penalty interest. If the money owed to Gitzo is not paid back, the first consequence is penalty interest, and Gitzo's loan interest rate is high. If the money owed to Gitzo is not repaid, the penalty interest will be increased by more than 30%-50% on the basis of the original interest rate of Gitzo loan. 2. If personal life is affected and the money owed to Gitzo is not paid back, Gitzo will hand over the collection work to a special collection agency. In addition to calling many times to collect money, a large number will even come to communicate debt problems. Even go to the company for collection. 3. Bad information records generated by overdue users, in addition to penalty interest, will also affect future loan credit cards. Moreover, the most important thing is that in the personal credit report of the central bank, the money owed to Gitzo will be collected by a meeting, and the personal credit stain will be retained for five years. However, it should be noted here that credit investigation does not mean being blacklisted.

Legal Basis: Several Provisions of the Supreme People's Court Municipality on Publishing the Information of the List of Executed Persons with Bad Faith Article 1 If the executed person fails to fulfill the obligations specified in the effective legal documents and has any of the following circumstances, the people's court shall include him in the list of executed persons with bad faith and punish him with credit according to law:

1, refusing to perform the obligations specified in the effective legal documents when it has the ability to perform;

2. Obstructing or resisting execution by forging evidence, violence or threats;

3. Evading execution by false litigation, false arbitration or concealing or transferring property;

4. Violating the property reporting system;

5. Violating the consumption restriction order;

6. Refusing to perform the settlement agreement without justifiable reasons.

Article 3 of the Regulations of the Supreme People's Court Municipality on Restricting the High Consumption and Related Consumption of the Executed Person states that if the executed person is a natural person, he shall not commit the following high consumption and unnecessary consumption behaviors after taking the consumption restriction measures: (1) When taking the means of transportation, choose the second-class or above cabins of airplanes, trains and ships; (two) high consumption in hotels, hotels, nightclubs, golf courses and other places above the star level; (three) the purchase of real estate or new construction, expansion, high-grade decoration of housing; (four) leasing high-grade office buildings, hotels, apartments and other places to work; (5) Purchasing non-essential vehicles; (6) tourism and vacation; (seven) children attending private schools with high fees; (8) Paying high premiums to purchase insurance wealth management products; (9) Non-essential consumption behaviors such as taking all seats of G-prefix EMU trains and first-class and above seats of other EMU trains.