本文从家庭消费决策的微观角度出发，运用中国家庭金融调查的信贷和消费相关数据，使用OLS计量经济模型方法研究了我国消费信贷对居民耐用消费品支出的影响，并且分别比较了正规消费信贷和非正规消费信贷对其影响的差异。结论表明：消费信贷对家庭耐用消费品支出和非耐用消费品支出的影响是统计显著的，尤其是正规消费信贷的成功获得会明显增加家庭耐用消费品的消费支出。此外，非正规消费信贷的估计系数较小，说明非正规消费信贷对耐用消费品支出的影响小于正规消费贷款，非正规消费信贷促进消费支出的能力比正规消费信贷要弱。本文在此结论基础上为我国消费信贷发展提出了政策建议。

Using the data of consumer credit and family consumption from China Household Finance Survey, with the econometric model of ordinary least square, this research is conducted from the micro perspective of family consumption decision and is about the impact of consumer credit on the family durable goods consumption. Besides, this paper compared the difference on the degree of the impact from formal consumer loan and from informal consumer loan respectively. The research demonstrated that this impact is statistically significant; especially the successful obtaining of formal consumer loan will significantly increase the family consumption on durable goods. Additionally, the estimated coefficient of informal consumer loan is relatively low, which means the impact from informal consumer loan is weaker than that from formal consumer loan and the ability to stimulate consumption is also lower. Based on the conclusion above, this paper gives some political advice on the development of China consumer credit.