Consumer Credit Default Risk

With the development of social economic in our country and the elevation of people's income, personal consumption has increasingly broken away from the traditional pattern, which the consumption is decided by personal present income and saving to the new consumption-credit pattern which consumption is decided not only by personal current income but also by personal future income. In recent years our government has laid down and implement the economic policies which are efforts to develop the consumption-credit businesses, enlarge the domestic demand and promote the development of national economic, which makes our country's consumption-credit businesses gain the extreme good development. The development of consumption-credit businesses benefits not only to promote people's living standard but also to the health development of national economic. But in recent years the phenomena of violating contract which have often emerged in the process of developing consumption-credit businesses have hindered its rapid development to a greater or lesser extent. Our questions are those mentioned as follows: What elements related to appearing and exiting of these phenomena of disobeying contracts, namely what is the reason of emerging of violating consumption-credit agreement? What is the root cause, which leads to the product of violating contracts from the economic angle? What relationships are there between these reasons and the elements such as politics, society, culture, law, psychology, and etc? Being aimed at these...