Research On The Legal Problems Of Automobile Consumption Credit In China

Credit is an ancient concept and credit loan is a traditional industry. “Being Thrifty and making ends meet” is regarded as a virtue in Chinese tradition.Dominated by such a consumption idea, it will be hard for people to develop a consciousness of spending in advance. With the improvement of people’s income,especially after the market economy, consumers’ awareness and concept have been transformed and the government’s consumption policy has changed from the limited deficient economy to the stimulating.As an important part of the policy,the credit loan policy has also appeared.This text analyzes the automobile market of credit loan and intends to discuss the its legal problems in our country.It also combines the situations of automobile developed countries and gives suggestions on our country’s current issues and on how to improve our legal policy of automobile credit loan.This text is divided into four parts.The first part is the summary of automobile credit loan. It analyzes the concept and nature of automobile credit loan, explains its related effects and consequences, and talks about its current situations with a combination of its types and modes.The second part is to present the legal problems of automobile credit loan.It explains a series of legal problems of incomplete credit loan laws,imperfect databases,unclear ownership, inconsistent evaluation standards of used cars,singularity of insurance products and the unreasonableness of inspection and calculation respectively in four aspects of the legal environment,confirmation of ownership, insurance and consumers’ rights of automobile loan.The third part talks about the current situations and experiences of developed countries’ automobile credit loan. It analyzes the automobile credit loan situations in these three developed countries of America, Germany and Japan and tries to learn some lessons from them in a combination of our country’s certain problems.The fourth part is about the policy of solving the legal problems of automobile credit loan. Based on the discussed problems in the second part and the experience in the third part, it offers solutions on how to solve the legal problems and risks of automobile credit loans in four ways of perfecting its legislation and supporting measures,automobile ownership and management system, policy development and protection of consumers’ rights.