Rural credit is a key issue that influences rural economic development. By analyzing the risks of rural credit, this paper, on the basis of game relationship between participants (credit agency, their staff and farmers) of risk factors, makes an in-depth research into measures that can reduce risks of rural credit. The analysis reveals that risk control of credit agency, their staff and farmers mainly depends on the operation of credit agency. Therefore, credit agency should establish strict supervision system and long-term welfare system; at the same time, it should improve the investigation of creditor’s information which is currently empty and the investigation system