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Consumer Credit road must be taken.doc

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Consumer Credit road must be taken

 PAGE \* MERGEFORMAT 13 Consumer Credit road must be taken A loan to buy a car, refused to repay overdue cases, a few days ago was Beijing’s Haidian District Court, and the Executive. In this case there are more than 400 people were prosecuted. This was the first large-scale consumer credit case, the case raises the concern of individual credit consumption. What will be the individual has no credit July 5, Beijing Haidian District Court of the courts of law enforcement officers early in the morning together to implement a recovery of credit consumption case, the task models, this case involved more than 400 implementation is quite difficult. Moon Sand (Beijing Haidian the courts to enforce court judge): amp;quot;Today we are in charge of Air Motor Sales Company v. Ma Jin Jiang, Tao Li and other auto trading cases of implementation. Majin Tao, Tao Li and other car had been almost a year, but vehicles had never paid. amp;quot; By the end of 1997 to the beginning of 1998, with Beijing set off a number of cities represented by a private car heat. In order to seize this market and the various car hire distribution companies are launching operations. Air China car sales branch in Beijing has also joined the promotional heat to launch a amp;quot;zero down paymentamp;quot; in car sales initiatives, nearly 2,000 cars were quickly ordered a blank. However, the repayment Shique rise to many problems, there are more than 400 people could not repay. Although the company has tried every means reminder, but the effect is not obvious, forced the company put more than 400 car loan repayment by those who are not sued to court. Zhang Jialin (Beijing Haidian Court Civil Division President): amp;quot;In the past installments are not involved in the tender to the amount is very high, also of about 10000 dollars, but as such a large scale, the number of so many, and each cases of the standard, both in the 6-7 million installment of the litigation, in the Haidian court for the f

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