Study on the "Standard Terms Trap" in Shared Power Bank Credit Contracts

With the in-depth integration of the sharing economy and the personal credit reporting system, the credit-based deposit-free model for shared power banks has gradually become popular, emerging as a new and convenient option for users. However, during the promotion of credit contracts, two types of standard terms-"automatic renewal" and "overdue fines"-have sparked numerous disputes. Some enterprises, leveraging their dominant market position, hide unfair contents in the terms, which not only harm the legitimate rights and interests of users but also disrupt the order of the credit consumption market. Based on credit reporting theory and analysis of existing literature, this paper explores the problems in the credit contracts of shared power banks from the perspective of standard terms, focusing on analyzing the surface phenomena and underlying roots of the "automatic renewal" and "overdue fines" clauses, and proposes reasonable governance paths on this basis. This paper will help standardize the credit contracts in the shared power bank industry and provide reference value for protecting users' credit rights and interests and guiding the benign and mutually promoting development of the credit reporting system and the sharing economy.