The number of individuals on the credit default list has decreased for the first time in 10 years - credit repair supports the development of business entities.
Recently, the Supreme People's Court released data showing that the number of individuals on the dishonesty list in 2024 decreased for the first time in 10 years. In the first quarter of this year, 394,200 new individuals were added to the dishonesty list nationwide, a year-on-year decrease of 9 percentage points. At the same time, People's Courts have completed credit repair for more than 400,000 individuals, and the number of individuals on the dishonesty list continues to decline in 2024. By cracking down on dishonesty and standardizing enforcement, People's Courts are helping businesses to start afresh with trust and further stimulate market vitality.
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