The Ethical Research Of Credit Consum Ption In China

Consumer credit is mainly refers to a way of consumption that the consumers who borrow funds from Banks and other financial institutions, for the purchase of goods and services. The development of credit consumption is conducive to the growth of the economy, extend and increase the Banks and financial institutions’ service scope and income, complete the consumers’ expected consumption desire.In the essence, credit consumption is the production of market economy.. In the process of credit consumption, credit is the key to the research of the order of the maintenance, the promotion of efficiency and the development. At the same time, credit consumption is also the embodiment of the contract spirit and ethical character. How to correctly grasp the ethical connotation of credit consumption, is the focal point for dealing with the relationship between economic and moral credit of consumption.Credit consumption’s development time is shorter in China, just getting started in the 1980 s. The proportion of credit consumption is smaller in the whole scale. Compared with the western developed countries, the credit consumption’s popularity is not enough in China, and has many problems, such as the obstacle of consumption idea, imperfect credit system, personal moral risk, etc, all these factors go against the quick development of credit consumption in our country.Despite of all aspects of the research and development of credit consumption in China is relatively late, our country’s consumer credit market has a strong advantage backwardness, and the influence has become more obvious in the world. As the outbreak of the U.S. economic crisis in 2008, people found that credit consumption is not only an economic problem, it also has ethical connotations. The ethical issues of credit consumption has become the focus of particular concern for ethical community. Under the ethics Angle of view, we need have a moral reflection of credit consumption, and find the root which caused the credit loss. The main reason of credit loss is the credit bodies’ moral loss and the credit consumption system’s imperfection.At present, to strengthen the system construction of the credit consumption is so urgent that only by moral force is not able to complete. It needs the joint efforts of the whole society. The development of credit consumption need to be guided by the principles of ethics, strengthen the credit bodies’ cultivation of the virtues, form the value identity in the whole society, improve the level of social morals; at the same time, speed up the construction of credit system, set up the information disclosure system, perfect the laws and regulations and other measures to promote the harmonious development of credit consumption.