Study Of The Legal System Of China's Personal Credit

Personal credit reporting is a commercial activity to collect credit information and data and to provide digital credit-reporting product finally. Currently, the Western developed countries have generally established a relatively complete personal credit information system. With China accessing to the WTO, more and more hard demand is offered to our economic entities by the international economy. However, the various discreditable behavior has seriously hindered the development of economy in the current social and economic life. Personal credit legal system is one of the fundament of the Social credit system.To solve social credit problems, personal credit legal system must be studied and improved.Bearing on the attributes of personality, contract and law, Personal credit legal system is a new commercial legal system. It is very useful to rebuild credible China.Different mode of credit operation have different legislative system and regulatory system. Synthesizing the development of credit reporting industry of world countries, the operation of personal credit institutions include three cases:private credit model represented by the United States, public credit model represented by Germany, membership credit model represented by Japan. This paper compares patterns of personal credit infomation of the three relevant legal system, legal system in our country personal credit situation and existing problems of legislation, elaborated on China mainly in three aspects should improve the legal system of personal credit information.Through comparing and analyzing the relative legal system of the above three kinds of personal credit, this paper expounds that personal credit legal system should be perfected in three aspects:First, China should establish public credit system similar European countries; Second, speeding up the personal credit information legislation, pecifically emphasising on the protection of personal information; Third, establishing the effective Dishonest punishment mechanism. The improvement of personal credit legal system will safeguard the healthy development of market economy in our country.