There are four solutions for the company's legal person and general manager to let employees turn over loans, and now they are unable to repay their debts.
1. If it is really unable to repay, it shall negotiate with the lending institution to extend the repayment period or repay by installments.
2. If the lender fails to perform the judgment within the performance period after winning the case, it will apply for enforcement.
3. When compulsory execution is accepted, the lender's property, vehicles, securities and deposits will be inquired according to law.
4. If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and even punished by judicial custody.
Is it legal for factories to force employees to borrow money?
Hello, dear! This is illegal, because getting a card is our free choice. Compulsory card processing can only show that there is a problem with your factory's funds. If the factory pays you the borrowed money, others will have nothing to lose, and finally we will repay it personally. This nature is free labor, so my advice to you is to let you record it and report it to the relevant departments. The factory has violated the legal warning line, so you should report it well and wait for the factory to expel you and make a series of fines. The factory will compensate you then.
This kind of factory is not far from Huang, I hope you can find another one that suits you! The above is my advice to you! I hope you can listen to my advice! I wish you find a factory that suits you as soon as possible.
Is it good for the company to let employees borrow money to buy a house and the company repays it?
It is not good for employees to borrow money to buy a house. According to relevant information, when buying a house in the name of an employee, the sales contract and the loan contract are all signed in the name of the employee. Once the supply is cut off, employees will be required to repay by the bank and will not be included in the list of untrustworthy people, which will affect future loans. Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds.
How to report the company's forced employee loan?
1. First, you need to open a browser and search for the contact number of the local industrial and commercial bureau.
2. Secondly, call this contact information to explain the problems related to the company forcing employees to borrow money.
3. Finally, you can report success and wait for your door-to-door handling.