1. Credit, as a basic moral principle, refers to the code of conduct that people should be honest and trustworthy in their daily communication. "No faith, no standing" is the core of China's traditional morality. Losing credit means that the other party with whom you associate will face unpredictable moral hazard.
2. Credit, as the basic requirement of economic activities, refers to the ability to obtain goods, services or money without paying cash in the trustee's repayment commitment based on the trust of the principal. Because most transactions in modern market economy are mediated by credit, credit is a basic element of modern market transactions.
3. Credit is a legal system, that is, the expectation of benefits that can be realized according to law. If a party violates the obligation of good faith, it shall bear corresponding legal responsibilities. In real life, contractual creditor's rights, guarantees, insurance and bills are all based on credit, and honesty is also the basic principle of civil and commercial activities.
From the perspective of market economy, credit is the life and soul of market economy, and westerners regard honesty as "the best means of competition". In this sense, market economy is credit economy, and honesty is the basic principle of market economy.
How important is personal credit?
1, personal credit information is very important. Credit investigation is a professional and independent third-party organization that establishes credit files for individuals or enterprises, collects and objectively records credit information according to law, and provides credit information services according to law. Provide a credit information sharing platform for professional credit reporting institutions.
2. Credit information records personal credit behavior in the past, which will have an impact on personal economic activities in the future. These behaviors are reflected in personal credit reports, which are commonly called "credit records".
3. Personal credit report plays an important role in mortgage, credit card, private lending, recruitment, job hunting, renting and other fields. Personal credit report is a paper report that directly reflects personal credit.
4. Buy a house, car, credit card, etc. You need to check your personal credit report. If your personal credit record is bad, banks or other lending institutions will not lend;
5, people with good credit, in addition to easier to apply for loans, the amount of loans applied for is often higher;
6. People who reflect bad personal credit records through personal credit records may also affect future job hunting, because your personal credit is not good, that is, people without credit. Personal credit is very important in today's society. Employers often consider people with bad credit records when recruiting.
7. Personal credit records have bad records, especially the "blacklist" of banks. Yes, it is more difficult to get a loan.