Research On The Protection Of Bank Credit Card 's Consumer Rights

Without an efficient legal system, the market economy of a country can’tdevelop fast and healthily. Similarly, market economy cannot developwithout the support of a credit system, since market economy is crediteconomy. Honesty and credibility is the principle requirements of law, andthis is also the specific requirements of various kinds of economy system.Credit transaction is the inevitable product and inherent requirements of ahighly developed market economy. Credit card is an important carrier ofcredit transaction. It has become a popular way of payment in China.However, with the awakening of the consciousness of right of those financialconsumers, the vulnerable position of credit card consumers has beenexposed to more problems such as the safety issues, the protection of theprivacy, the invasion to the right to know, the right to defend and the right toclaim. Joint efforts of all sectors of our society are needed to protect creditcard consumer rights.This article is composed of three parts: introduction, main text andconclusion. And there are five parts included in the main text.The first part: Brief introduction of the credit card. As the first part, itelaborates the basic questions involved in the research, starting with thefundamental problems of credit card. On the whole, it is the foreshadowingof the text.The second part: General theory of the credit card consumer rightsprotection. Credit card consumers not only have the average consumerinherent rights, but also the special rights types and theoretical basis worthyof protection, because of the particularity of financial products and thecomplexity of consumption transaction.The third part: Current situation and problems of credit card consumerrights protection in China. The final purpose of theoretical research is to solve practical problems. By investigating the current situation of Chinesecredit card consumer rights protection, we will find problems, thus preparefor the following system design of the text effectively.The fourth part: Typical experiences of foreign countries on theprotection of consumer right in bank credit card. As the old Chinese sayinggoes,“Stones form other hills may serve to polish the jade of this one”.Countries like America and the Great Britain whose capital system is moredeveloped, so does their credit card system. The introduction of experiencesof those typical foreign countries may give us some enlightenment on theprotection of credit card consumers.The fifth part：Legal suggestions to improve our protection to credit cardconsumer right. A well-designed legal system is a credible supporter for thesolution of the problem. The current legal system should keep pace with thedevelopment of the reality, and even be predictive in certain circumstances.Credit card consumer right appeals for powerful legal protection. Theultimate foothold of this paper is to design a protection system suitable forour credit card consumer rights protection, by combining with our nationalconditions and lessons taken from foreign advanced experience.