The article discusses the need to control risks in individual consumer credit business while also promoting its development to boost economic growth. The rapid growth of this business can improve people's consumption levels and economic progress. However, due to imperfect laws and policies, weak credit environment, lack of macro-economic supervision, and internal management issues, personal credit business carries significant risks. To address these challenges, it is crucial to enhance laws and policies, establish a robust credit environment, improve credit supervision, and strengthen internal management practices in the credit industry.