信用修复政策不是征信洗白

Core Viewpoint - The People's Bank of China is developing a one-time personal credit relief policy to help individuals restore their credit records affected by the pandemic, specifically targeting those with minor defaults who have already repaid their loans [1][2]. Group 1: Policy Details - The new policy will not display default information in the credit system for individuals who have repaid loans below a certain amount since the pandemic [1]. - The implementation of this policy is planned for early next year, following necessary technical preparations by the People's Bank of China and financial institutions [1]. - The policy aims to transform credit repair into tangible benefits for the public, enhancing the credit ecosystem and encouraging financial institutions to adopt a broader assessment of creditworthiness [1][2]. Group 2: Impact on Individuals - The policy will help individuals break free from the "once untrustworthy, forever limited" predicament, providing an opportunity for those who have made mistakes to restore their credit [2]. - It is expected to motivate individuals to actively repay debts and address historical credit issues, rather than giving up [2]. - The restoration of credit eligibility for these individuals is anticipated to unleash their consumption potential and entrepreneurial spirit, positively impacting domestic demand and economic circulation [2]. Group 3: Implications for Financial Institutions - Encouraging borrowers to repair their credit essentially promotes the repayment of overdue debts, aiding banks in recovering overdue loans and improving asset quality [2]. - Financial institutions are likely to expand their service scope to include previously defaulting individuals who have repaired their credit, thus broadening their customer base with growth potential [2]. Group 4: Governance and Ethical Considerations - The credit repair policy is characterized as a governance innovation that balances compassion and precision, focusing on non-malicious defaulters and maintaining the integrity of the credit system [3][4]. - The process of credit repair is conditional and requires borrowers to have settled all debts and maintained a good credit record for a period, emphasizing the importance of ethical behavior [3][4]. - The shift from strict punishment for defaults to a dual approach of punishment and repair reflects progress in credit system construction and social governance [4].