Department for Youth, Taipei City Government(青年局英文網)

If the applicant misses a repayment for more than six months, the interest subsidy will stop immediately. The lending bank will pursue legal action to recover the outstanding loan and interest from the applicant and guarantor. The information will be sent to the Joint Credit Information Center, listing them as bad credit, which will be disclosed to financial institutions until the loan is fully repaid. This record will affect the applicant's and guarantor's interactions with banks, including applying for checks, credit cards, mortgages, or personal loans. It will also affect their future opportunities for employment or education loans domestically and abroad.