An Analysis Of Improper Use Credit Card Law Regulation

Credit card is one of the modern financial innovations and current law has few regulations on this. Due to the rapid development of Credit card business, there appeared more and more disputes, thus legal studies on the relations of the Credit card transactions seem to be of great importance.From the background of the development of credit card, we can see that it started in 1950s in both China and Korea, but the speed of development is completely different. In South Korea the use of credit card has spread into every corner of people's life, which means that Credit card has reached its peak development period. This paper mainly uses the method of comparative analysis, studying the differences between the two countries'Credit card development, and introduce relative regulations in China and, based on the development of Korea's Credit card industry, find the existing problems in our country's regulations on this issue and then put forward the improvement plans.This paper is divided into six chapters. Chapter one is the introduction of this whole passage, purpose and significance of this topic. Chapter two outlined the development history of the credit card and introduces the meaning and kinds of credit card. And difference between credit card and Securities, bill. Also includes relevant legal provisions. Chapter three is introduce the credit card transactions related legal relationship. First introduce credit card transactions legal relation theory in China and Korea. And also introduce about credit card transactions between China and Korea, including legal relation-rights and obligations of credit card. Chapter four is compare two countries credit card's unfair use of the present. And introduce improper use credit card's features and the type. Chapter five discusses improper uses of credit card and according legal responsibilities of two countries. It is mainly including Credit card's improper use and loss compensation. Improper use of credit card comprises cardholder and other people's improper use. The developed countries of the improper use the credit card by the provisions of the damages are similar. Due to the particularity of credit card itself and credit card's related legal is imperfect, compared with the developed countries, chine's credit card is still have a gap. Chapter six, by looking at the experience of the development of credit card in Korea, points out the problems existing in the laws of credit card in my country China and reveals countermeasures.