Legal Issues On The Credit Card Form Contract

Credit card as a convenient, fast and modern financial electronic products, hasbrought great convenience to people’s lives. Accompanied by the increasing in creditcard usage, the number of credit card disputes is also increasing. The emergence ofthese problems largely is related to the charter of the bank to provide credit card orusing form contract. Domestic credit card industry is in rapid development. However, aseries of legal norms have not kept pace with the development.There is no oneauthority law to regulate the credit card business. So the business of credit card isunstandard.Therefor this phenomen leds to the occurrence of a large number of creditcard litigation. The reason for this phenomenon is related to the banks over card issuersand weak consumer awareness of financial risks. At the same time we should find thekey problems of the contract. Therefore, this article from the perspective of the creditcard format contract focuses on the credit card overdraft interest calculation method,fraudulent use of risk responsibility who will bear, how to take and how to balance theright of defense that should be enjoyed as a consumer cardholders. Finally combinedwith current state of legislation author proposed legislative advice. Only resolving theproblem of the "form contract" as the source of the problem, can the cardholder be moreprofound understanding and rationally use of credit cards, enjoy the conveniencebrought about by the credit card.