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Consummate Credit System,Promote Consumer Credit

Ying Liu

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Abstract

Our government has set up a series of measures to promote consumer credit according to the need of developing macro economy resently.But this consumer credit system is incomplete,which hinders the development of this business.thus,we can only promote consumer credit transactions further through establishing socialized credit evaluation organizations,consummating individual consumer credit system,setting up commercial insurance system,completing social legislation and strengthening arbitration and enforcement on credit transactions.

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What this paper is about

Our government has set up a series of measures to promote consumer credit according to the need of developing macro economy resently.But this consumer credit system is incomplete,which hinders the development of this business.thus,we can only promote consumer credit transactions further through establishing socialized credit evaluation organizations,consummating individual consumer credit system,setting up commercial insurance system,completing social legislation and strengthening arbitration and enforcement on credit transactions.

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Available abstract

Our government has set up a series of measures to promote consumer credit according to the need of developing macro economy resently.But this consumer credit system is incomplete,which hinders the development of this business.thus,we can only promote consumer credit transactions further through establishing socialized credit evaluation organizations,consummating individual consumer credit system,setting up commercial insurance system,completing social legislation and strengthening arbitration and enforcement on credit transactions.

Key concepts: Business, Credit reference, Credit history, Legislation, Credit enhancement, Credit card interest, Enforcement, Export credit agency

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