In our country, the automobile consumption credit and guarantee industry is a fresh thing. After the reform and opening up, with the increase of people's income, consumption psychology change, begin to accept and practice in foreign countries has been very popular "spend tomorrow's money today, open car" consumption patterns, reasonable use of financial means to improve the quality of life. In addition, automobile market gradually matured, the new car market frequently, also caused people to purchase a car, desire.
In reality, many consumers purchase a car does not have a one-time payment ability, need to use bank loans. While the car is different from the housing, can be arbitrarily moving objects, the security of bank funds challenged. At present, China's personal credit system is not complete, banks assume the risk is much higher than the housing consumption loans in car consumption loans, need professional third party with the bank risk control and management of loan customers. In this case, the Guarantee corporation gradually emerge as the times require, in the automotive consumer market, to provide full security for consumers, decomposition of risk for the bank. What is called "full security"? That is to say from the first day of consumer loans to the settlement of the last day, during this period if the consumers have no repayment day, the bank will deduct the Guarantee Corporation in the bank deposit. A Guarantee Corporation to guarantee, consumers in bank loans, as soon as possible in order to open the car.
Automobile consumer credit guarantee is in China is a relatively new industry, from birth to now have 10 years time, after rectification and standardization of 2003 and 2004, China's auto consumption credit guarantee industry has been considerable development, become the automobile circulation of an indispensable force.
Guarantee Corporation by providing guarantee way, to meet the consumer installment purchase a car needs at the same time, but also greatly promote the sales of cars, in the field of circulation of the automobile made greater contributions. Taking Beijing as an example, last year the new car sales reached 700000 vehicles, about 15% of the total payment, the business volume of more than 60% stages are completed by the Guarantee Corporation operation. Which was founded in 2004, has been engaged in personal automobile consumer loan guarantee business large Guarantee Corporation is one of the typical representative, in recent years to tens of thousands of people purchase a car purchase a car to provide security services, hand through the security services to meet customer car dream, promoted the development of automobile consumption credit market, on the other hand, through the effective risk control means to protect the financial security of bank lending, not only by the bank's support and recognition, has all kinds of automobile dealer support.
But, can not be ignored, at present the development of this industry is still very difficult, the Guarantee Corporation is still facing difficulties and helpless giant. This dilemma and helpless, risk is the main cause of the public commitment to the Guarantee Corporation, and the specific mode of operation car consumption loans do not quite understand, resulting in many misconceptions and negative evaluation of many Guarantee Corporation and the auto loan guarantee industry. Part of the media in reporting on the guarantee industry, but also because they do not understand the security industry risk and operational processes need to bear, and the contents of the report is not objective and comprehensive, mislead consumers, for the healthy development of the automobile industry is bad. The aforementioned large investment Company limited by guarantee had encountered such a situation. This requires the Guarantee Corporation to increase publicity means, let consumers understand the guarantee business and related processes, especially risk Guarantee Corporation bear.