What are the main features of credit business?

1. Credit is short for credit loan, refers to the financial institutions for the user to provide unsecured, unsecured, pure credit loans.

2. Credit is the embodiment of a certain economic relationship between the different owners of the borrowing and lending behavior, is the repayment as a condition of the value of the movement of the special form, is the creditor lends money, the debtor on schedule to repay and pay a certain interest on credit activities. Mainstream credit products include, for example, the banking system: Bank of China's Bank of China E loan, China Merchants Bank's Lightning Loan, Construction Bank's Quick Loan; the financial technology system: Ant Gold's Chanting Loan, Du Xiaoman Financial's Rich Flower, etc.

3. Credit may seem strange at first glance, but in fact it is closely related to our lives, the most common is bank deposits, loans and other activities. Credit not only has a significant impact on our lives, but also has a great role in the national economy. Credit is an act of lending on credit, and unlike other forms of lending the lender does not need collateral or pledged items or security to obtain a loan. Loans are secured on credit, so banks and other institutions will investigate and assess the creditworthiness of the borrower when lending money.

4. The role of credit: Credit is a channel for ordinary people to borrow money. When we want to buy a house, a car, or a higher education, we can take a bank loan if our savings are not enough to pay for it. The interest rate on bank loans is generally not very high and does not become a financial burden. Taking out a bank loan avoids taking out a loan from a loan-shark organization, which is an act worth advocating. Maintaining price stability. Prices have a significant impact on the average person, and when prices rise, people's standard of living will fall. And credit can play a role in maintaining price stability. Each economic entity in the market through the credit to raise funds, then the overall amount of funds is to remain unchanged, which avoids the government to issue more money to lead to the depreciation of the yuan, prices rise.

The role of credit to the enterprise: adjust the balance of funds. In economic life, funds are not evenly distributed to all economic entities, and different economic entities need different amounts of funds to operate, the same amount of funds to a company may not be enough, to another company may be excess. Therefore, credit can increase the funds of the deficient company and reduce the funds of the excess company in an appropriate amount, keeping the total amount of funds unchanged, and both companies can operate normally.