央行正研究实施一次性的个人信用救济政策 业内：将减少因信用记录“误伤”带来的信贷扭曲

Core Viewpoint - The People's Bank of China (PBOC) is researching the implementation of a one-time personal credit relief policy to assist individuals in repairing their credit records affected by the COVID-19 pandemic and other uncontrollable factors [1][2]. Group 1: Policy Details - The proposed credit relief policy aims to help individuals who have defaulted on loans below a certain amount since the pandemic, provided they have fully repaid their debts [1]. - The policy will not display default information in the credit system for eligible individuals, and it is expected to be implemented in early next year after necessary preparations [1]. - The policy is designed to balance the constraints of the credit system with social fairness, targeting non-malicious defaulters who have experienced temporary financial difficulties [2]. Group 2: Mechanism and Conditions - The credit repair mechanism is not a simple deletion of bad records; it requires borrowers to have settled all debts and maintained a good credit record for a period [3]. - The focus of the credit repair mechanism is on education and relief for non-malicious defaulters, rather than protecting habitual defaulters [3]. - The design and execution of the policy must be precise to prevent misuse, ensuring that the conditions and review processes are strict [3]. Group 3: Economic Implications - The policy is expected to reduce credit distortions caused by long-term negative credit records, which can hinder individuals' access to loans and suppress consumption and investment [4]. - By allowing individuals with previously bad credit records to re-enter the credit system, the policy aims to enhance the vitality of the credit consumption market and improve the overall credit ecosystem [4]. - The restoration of credit will enable more residents to regain loan eligibility, thereby stimulating consumption and financing for small businesses [6]. Group 4: Societal Impact - The credit repair mechanism is seen as a way to break the cycle of lifelong restrictions due to a single credit mistake, encouraging individuals to actively rectify their credit issues [5]. - A healthy credit system should incorporate both punitive measures for defaults and incentives for those who correct their mistakes, enhancing public trust in the credit system [5]. - The policy is anticipated to improve market confidence and release consumer potential, contributing to a more inclusive financial environment [6].