The query method is as follows:

1. Tongdun Technology

You can register and apply on the website, or you can follow WeChat to register for free query. You need to provide company information before you can apply, and you need to sign a confidentiality agreement.

2. Confidence

(1) You can query it after following it on WeChat. There are free and paid versions. In the free version, you can check the blacklist and loan history by registering a mobile phone number, and the information is relatively simple. The paid version information is more detailed. There is no online search entrance.

(2) After some people checked it out and saw Tongdun’s judgment, “High risk! It is recommended to refuse!” They felt very relieved. So is it necessary to check the third-party credit reporting system?

(3) Zhongxin Wanka Community tells you that for individual users, the query only allows you to understand your detailed loan records, and currently has little impact on the next payment.

(4) Even if you hit the blacklist, you can still make a payment, but inquiries will only make you unhappy. If you don't hit the blacklist, you won't necessarily be paid by the platform, because these third-party data only account for a small part of the platform's risk control score.

Let’s take the recently popular Tongdun Technology as an example to discuss the role of third-party data in the lending platform.

1. When it comes to credit reporting and Internet big data, there is the People's Bank of China Credit Reporting Agency, among which there are 8 institutions that obtained personal credit reporting licenses last year. Finally, there are third-party data institutions like Tongdun that wander outside the mainstream.

2. What proportion of third-party data institutions occupy the loan platform.

For large platforms, in the risk control models of these large platforms, single credit data or third-party data does not account for a large proportion, because they cannot safely entrust their funds to someone. When referring to the words "recommended to reject" on a computer, they consider your overall score in the risk control system. These data play a role in assisting decision-making for the platform.