Theory Of Personal Credit System

As the credit economy developed, there are more and more credit and loan behaviors. And more regulations will be needed. However, in China, rules and regulations about credit mainly focused on enterprise credit, personal credit are ignored. Therefore, this thesis studies the personal credit. And based on the personal credit, taking the discussion about whether the bankrupt legislation should complete the individual credit rating system into consideration, this thesis will combine the individual credit rating system and the individual bankrupt legislation the two hot spots together to study. The writing thought about this thesis is ‘what this system ——the needs to establish a system ——the feasibility of system building ——measures to completed the system'.The first part narrates basic theories about personal credit system. At the beginning, the author analyzes the relation between general credit concept and legal concept and understands the definition about personal credit under the current economic background and the value that credit transforms to economic value,the general credit concept is the basic of legal concept. Then, after analyzing the inner meaning and value of personal credit, personal credit connotation and features will be known. Thirdly, with narrating the connotation and extension of personal credit system, the meaning of the system will be understood clearly, which including personal credit registration, credit investigation and so on.The second part is about the complicated situation of individual credit system. Firstly, in China there has a carrying out control regulations in the credit investigation industry, developing personal credit businesses, build a social credit code system and a credit information exchanging platform and establishing a national financial credit information data base. But there are some annoy problems in the system such as imperfect legal rules and regulations, intermediary organs without standard operations, individual credit assessment without a single standard.The third part describes the needs of system building. The personal credit is the basis of the credit system which can regulate individual behaviors and be good to normal operation of credit consumption model. The system benefits to make sure the bankruptcy estate and bankruptcy debt, carry forward the bankruptcy discharge system.The fourth part analyzes the feasibility to establish a personal credit system. Developed and improved credit economy provides a good material foundation. Good policy environment, personal credit intermediary organs' growing, social security system's building, all these ensure the building of personal credit system will not have a bad effect on the social stability. So to establish and complete the personal credit system will be much easier.The fifth part discusses specific measures to complete the individual credit system. To start with, understand the credit system operation model:at early stage is government leading, at medium stage is government combined with the market, and at mature period is market leading. Then the thesis describes four main ways to perfect the system, completing laws and regulations, building a personal credit record registration system, standardizing personal assessment mechanism and completing supporting systems.