Chinese Automobile Consumption Credit Risk And Precautions Resarch

In recent years, as China’s growing consumer demand for cars, commercial banks, car dealers, auto finance companies have been offering for end users automotive credit business, car credit in a short time has achieved rapid development. But whether it is compared with overseas, or to adapt to China’s auto demand from fast-growing demands of view, the development status are not satisfactory, the current auto loan for less than15%of total car sales. Hinder the development of automotive credit business many factors, including risk management system is not perfect is constraining the development of the business of the important reasons, non-credit environment is difficult to predict the potential risks has become the development of automobile consumption credit business bottlenecks. Therefore, strengthening the automobile credit risk management, the establishment of effective credit risk management system has become the development of automotive credit business the primary problem to be solved.Data show that about30%of private car loans repayment defaults,10%of car loans difficult to recover, the majority of insurance companies operating at a loss on Judai Xian, eventually leading to the closure of the business. With the development of automobile consumption credit, automobile consumption credit risk now has become China’s banking and other financial institutions are facing the outstanding issues, and affect China’s economic development and stability. Therefore, the analysis and examine the causes of automobile consumption credit risk, careful study of automobile consumption credit risk inherent laws, to take effective measures to strengthen the automotive consumer credit risk management, improve China’s commercial banks Motor Credit risk prevention system, improve the efficiency of automobile credit risk monitoring and thus ensure that our financial system is stable and highly efficient operation, to achieve sustainable economic development, with a very important theoretical and practical significance. In this paper, consumer credit and consumer credit risk theoretical research departure, will analyze the status of China’s auto consumption loans, risk factors and the formation of roots, and tried the system put forward China’s commercial banks automobile consumption credit risk preventive measures.