I owe a total of 300 thousand online loans and credit cards, and I can't afford it at present. What will happen?

I owe 300 thousand, and I can't afford it. I think my credit will be damaged first, and I can't continue to borrow money to buy a house and a car. Secondly, if the situation is serious, I will be restricted from high consumption, unable to fly and take the train, and will encounter various collections. Therefore, I must maintain my personal credit, and then I will give you specific instructions. 1. This will make many things impossible.

When I can't repay the loan, my credit will be damaged once I meet my expectations. First of all, I can't continue to borrow money to buy a house or a car, and I can't borrow money, including some platforms we use every day. For others, the deposit may be exempted, but for us, it can't be used, so it will affect our normal life. 2. You will meet all kinds of collections.

When there is no repayment for several days in a row, you will be reminded by SMS and phone. At this time, if you continue not to pay, you will encounter more severe collection. Even some companies don't use proper means to collect money by harassing calls, which leads to people's mental breakdown, which greatly affects their daily lives and can't work normally. 3. Be sure to find a way to repay.

Although the amount of money is relatively large, it is still necessary to pay it back. If you don't pay back, these collections will not stop, which will seriously affect your life and your children will be affected in the future. In addition, you will even be strictly limited to spend too much. If you have the ability to repay, you may face the danger of going to jail. So, these are all risks. Therefore, you must try to work hard, make a good plan and try to repay.

In short, some people owe money now, even reaching 300 thousand. If they don't pay back the money, first of all, their credit will be damaged, which will make banks reluctant to lend them money. In addition, they will face all kinds of collection, including SMS harassment, phone harassment, and even threats, so they must find ways to repay them.