个人信用修复将为市场经济注入持久动力

Core Viewpoint - The removal of bad credit records is a starting point for former defaulters to return to normalcy, marking the practical phase of personal credit reconstruction [1][6]. Group 1: Policy Implementation - The People's Bank of China has announced a credit repair policy that allows for the automatic removal of personal credit overdue records under 10,000 yuan if the debt is paid off by March 31, 2026, without any application or fees [1][6]. - This policy will officially take effect on January 1, 2026, following the announcement made by the central bank governor on October 27, 2023 [1][6]. Group 2: Economic Implications - Personal credit repair is essential for market rebirth and is a foundational policy for developing a market economy, especially during the current economic transformation [1][6]. - The policy reflects a shift in enforcement philosophy, focusing on minimizing overall economic and social costs rather than adhering strictly to the principle of punishing the offender [2][7]. Group 3: Market Dynamics - True credit repair requires market self-regulation and the continuous trial and error of different credit entities within the market [9]. - The credit repair notification is seen as a small but correct step towards market credit repair, necessitating further regulations and potentially the introduction of personal bankruptcy laws for comprehensive credit assessment [5][9].