How to understand the formal characteristics of credit, the main forms of credit

The so-called credit refers to a kind of production relationship of mutual trust formed by relying on people, units and commodity transactions.

The main forms of credit include bank credit, commercial credit, consumer credit and national credit. The two most basic are business credit and bank credit.

Bank credit is a form of credit in which banks act as intermediaries to raise monetary funds in the form of deposits and other means, and provide funds to various departments and enterprises of the national economy in the form of loans.

Commercial credit is a lending relationship between enterprises formed due to deferred payment or advance payment in commodity transactions.

Extended Materials. Bank credit refers to a form of credit that uses banks as intermediaries, raises monetary funds in the form of deposits, etc., and provides funds to various departments and enterprises of the national economy in the form of loans.

The essence of bank credit is that the bank acts as an intermediary to enable the owners of monetary capital to pass through the credit relationship that occurs between the bank and the functional capital. Bank credit is indirect credit and acts as an intermediary for depositors and lenders.

Commercial credit refers to the lending relationship between enterprises formed due to deferred payment or advance receipt of goods in commodity transactions. Specific forms include accounts payable, notes payable, accounts receivable, etc.

Advantages and disadvantages of commercial credit financing: Advantages: The biggest advantage is that it is easy to obtain. Without cash discounts or the use of non-interest-bearing notes, commercial credit financing is not costly. Cons: Higher cost when giving up cash discounts.

Consumer credit is also known as "retail credit". Credit provided by a bank or business to an individual consumer. Under capitalism, the main forms of consumer credit are "installment payments" and "consumer loans".

Installment payment is a technique used by capitalists to sell goods, and its business content is that when consumers buy high-end goods, they can take the goods without paying or paying a part of the money, and then repay the arrears in installments later. If the consumer fails to repay the amount owed on time, the purchase will be reclaimed and the payment will not be refunded.

Consumer loans are loans provided by banks to consumers through credit or mortgage loans, credit cards, check guarantee cards, etc. Consumer loans are generally provided to those who have insufficient ability to pay, and buyers of houses and cars are the main targets of consumer loans in capitalist countries, and individuals use the purchased houses and cars as collateral to obtain mortgages.

National credit: It is a kind of credit activity carried out by the state as the main body. In accordance with the principle of credit, the state borrows monetary funds from domestic and foreign currency holders by issuing bonds and other means, so state credit is a kind of state liability that refers to the credit obtained or provided by the state as a party.

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The meaning of the five forms of credit is briefly described as follows: Commercial credit: refers to the information provided between enterprises in the form of selling goods on credit and prepayment.

Bank credit: refers to the credit provided by banks to units or individuals in the form of money. **Credit:

It refers to the lending behavior of **, including obtaining credit as a debtor and providing credit as a creditor.

Briefly describe the meaning of the five forms of credit.

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The meaning of the five forms of credit is briefly described as follows: Commercial credit: refers to the information provided between enterprises in the form of selling goods on credit and prepayment.

Bank credit: refers to the credit provided by banks to units or individuals in the form of money. **Credit:

It refers to the lending behavior of **, including obtaining credit as a debtor and providing credit as a creditor.

Consumer credit: refers to the credit provided by enterprises, banks or other financial institutions to individual consumers in the form of commodities or currency, which is generally directly used for daily consumption, such as the purchase of housing. Private Credit:

Also known as personal credit, it refers to the credit provided by individuals to each other in the form of money or kind. Credit refers to a credit method in which an enterprise raises funds in the form of issuing ** or bonds. International credit refers to the credit provided by banks, enterprises and enterprises in various countries and the credit provided by international financial institutions to countries, banks and enterprises.

The form of credit is the type of credit relationship, which is divided by the actor and has commercial credit, bank credit, national credit and other forms; According to the time span of behavior, there are three forms of credit: short-term credit, medium-term credit and long-term credit. According to the purpose or function of the act, credit has forms such as production credit, circulation credit, and consumer credit.

Commercial credit, that is, the lending behavior between industrial and commercial enterprises with the help of commercial papers, including accounts payable, notes payable, accounts receivable, etc. The biggest advantage of commercial credit financing is that it is easy to obtain, if there is no cash discount or the use of non-interest-bearing notes, commercial credit financing does not bear the cost, and the disadvantage is that the cost paid when giving up the cash discount is higher.

Bank credit, that is, the lending of monetary funds with banks as intermediaries, the main part of which is all kinds of deposits and loans, is the main form of modern credit. Unlike commercial credit, bank credit is indirect credit. In bank credit, the bank acts as a credit medium.

Bank credit rating is the evaluation of a bank's overall financial ability to repay its financial debts, and the credit rating of a bank is different from the rating of general non-financial enterprises. In bank ratings, the evaluation of financial strength is only a performance rating (also known as an individual rating), not a credit rating.

State credit, that is, the lending behavior between the state (**) and the private sector (enterprises and individuals) with the help of state bonds (treasury bills and public bonds) and other instruments. National credit refers to a kind of credit activity carried out with the state as the main body. In accordance with the principle of credit, the state borrows monetary funds from domestic and foreign currency holders by issuing bonds and other means.

Therefore, national credit is a kind of national debt, which refers to the credit obtained or provided by the state as one party, including domestic credit and international credit, and domestic credit is the credit obtained by the state as a debtor from domestic residents, enterprises and groups, forming the domestic debt of the state.

Consumer credit, that is, the credit provided to consumers to meet their monetary needs in terms of consumption, such as installment credit, housing loans, credit card purchases, etc. Share credit, that is, the joint stock company issues ** to the society to raise capital, also known as "retail credit", is the credit provided by banks or enterprises to individual consumers.

Credit has penetrated into all aspects of the modern economy and society, so the forms of modern credit are becoming more and more diversified and complex, and the forms of credit can be classified differently according to different classification standards.

According to the term of credit, it can be divided into short-term credit, medium-term credit, and long-term credit.

According to the standard of credit, it can be divided into domestic credit and international credit.

According to the criterion of whether credit intermediaries are involved, they can be divided into direct credit and indirect credit.

According to the standard of credit participants, it can be divided into commercial credit, bank credit, consumer credit, national credit, and international credit.

Credit has penetrated into all aspects of the modern economy and society, so the forms of modern credit are becoming more and more diversified and complex.

According to the term of credit, it can be divided into short-term credit, medium-term credit, and long-term credit.

According to the geographical area of credit, it can be divided into domestic credit and international credit.

According to the criterion of whether credit intermediaries are involved, they can be divided into direct credit and indirect credit.

According to the standard of credit participants, it can be divided into commercial credit, bank credit, consumer credit, national credit, and international credit.