Can the government directly borrow money from banks?

1. Can the government directly borrow money from banks?

Legal Analysis: The goal of the monetary policy of the People's Bank of China is to ensure the stability of the currency. If the People's Bank of China issues money to the government, there will be no other income. The government cannot repay bank loans by increasing taxes, but can only use government power to suppress banks from hedging loans with too much money, thus causing inflation. In order to maintain the currency, we can know that the People's Bank of China cannot provide loans to the government and government departments.

Legal basis: Article 30 of the Law of the People's Republic of China on the People's Bank of China stipulates that the People's Bank of China may not provide loans to non-bank financial institutions, except that the State Council decides to provide loans to China People's Bank institutions, unless it provides guarantees to any unit or individual.

Second, after reading the fiscal deficit today, I have some doubts about why the country owes money, who owes money and how it still owes money.

Reception between countries is not only an economic issue, but also a political factor.

Third, why do banks basically not charge money now?

Under normal circumstances, the bank will not be indifferent, and may just be unable to contact you. If your overdue amount is relatively small, the bank may directly write it off as a bad debt. The overdue amount is relatively large, and the bank may have you, but you didn't reply.

Under normal circumstances, if everyone's credit cards are overdue, the bank will definitely collect them. If the overdue amount is large, it may be received. But your current credit card has been overdue for three years, and the bank not only failed to collect it, but also refused to pay you. There may be several reasons for this.

1, the bank called for it, but I couldn't reach you.

Under normal circumstances, if your credit card is overdue for one month, the bank will basically notify you by SMS or APP or WeChat. One to three months overdue, in addition to SMS notification, the bank will also have staff to call for collection. If it is overdue for more than three months, and the overdue amount is relatively large, the bank may send you a reminder letter, and even a staff member will come to collect it.

If the credit card is overdue for more than 6 months and the overdue amount exceeds 6,543,800 yuan, it is very likely that you will be paid.

Therefore, under normal circumstances, the bank will not ignore the money you owe the bank credit card. The bank must have collected it, but the bank may not be able to contact you during the collection process. For example, if you change your mobile phone number, email address and address, even if the bank sends you a text message or a dunning letter, you won't get it.

2. If your overdue amount is relatively small, the bank may directly write it off as a bad debt.

If the overdue amount of your credit card is relatively small and the bank can't contact you after various collections, then the bank may give up the collection directly. If it is overdue for more than one year, the bank is likely to write off this debt as a bad debt and take out some money from the current operating profit to offset it.

But write-off doesn't mean you don't have to pay off this bad debt. Even if the bank writes off, your bad debts will still exist in the banking system. If the bank is in the mood, it may collect money from you at any time.

3. The overdue amount is relatively large, and the bank may have you, but you didn't reply.

Under normal circumstances, for a small amount of overdue, the bank will basically not continue to collect the arrears after the write-off, because the bank does not have so much energy to attract everyone. However, if the overdue amount is relatively large, such as 1 1,000 yuan or more, it is very likely that the bank will issue a summons to everyone, but when issuing a summons to everyone, it will not reach everyone.

If the debtor fails to respond in time after issuing the summons, the default judgment can be made if the bank can provide sufficient evidence. After making a judgment, if you don't fulfill your obligations and repay the money according to the specified time, you are likely to be included in the list of people who have been executed for dishonesty.

What should you do now?

No matter how much your credit card is overdue, the longer your credit card is overdue, the worse it will be for you. For small debts, although the bank has not collected you and will not collect them again, your personal credit will definitely be affected. If your credit card is not paid back for a long time, your credit will turn black, so that you will be greatly affected when you go to handle many things, such as not being able to borrow money to buy a house or a car.

The bank is likely to charge you for a large amount of arrears. Once the judgment is made and you fail to carry it out on time, you are likely to have been included in the list of untrustworthy people. Many activities will be restricted after being included in the list of untrustworthy people. For example, you can't take the high-speed rail normally, you can't fly, you can't be in high-consumption places, your children can't go to aristocratic schools, you can't enjoy various government subsidies, you can't hold legal persons and important positions in the company, you can't buy a house or a car, and so on. This has a great influence on you.

In addition, no matter whether you owe a large amount or a small amount, there will be a penalty interest every day overdue, in addition to liquidated damages. These expenses add up to a lot.

Therefore, for you, although the bank will no longer collect money, if you find that there is a debt on your credit card, I suggest you pay it off as soon as possible. After all, the longer this debt is overdue, the worse for you.