Sesame Credit can evaluate users' credit by analyzing a large number of online transactions and behavior data. These credit evaluations can help Internet finance enterprises to draw the conclusion of users' repayment willingness and repayment ability, and then provide users with fast credit granting and cash installment services.
In essence, "Sesame Credit" is a credit information system, which collects data from the government and financial system and fully analyzes the behavior records of users on platforms such as Taobao and Alipay.
Moreover, sesame credit data has a wider source, covering credit card repayment, online shopping, transfer, wealth management, water, electricity and coal payment, rental information, address relocation history, social relations and other aspects.
Extended data:
During the public beta, Sesame Credit has negotiated cooperation with its partners in various fields such as car rental, renting, marriage and visa. , and will provide experimental services soon. For example, in the future, users will get a certain sesame score, and it is expected that there will be no need to pay a deposit for renting a car and staying in a hotel. Online shopping can be tried before buying, and there is no need to apply for a deposit certificate when applying for a visa.
All users of Sesame Credit are real-name certified users, covering a wide range. Many people who have no credit record in traditional credit investigation have started to have their own credit evaluation. Moreover, it has the ability to prepare for disasters in the same city and strong ability to query and call merchant credit information, which effectively and stably supports the 7*24-hour query and call of users and merchants in various industries since the public beta.
Baidu encyclopedia-sesame credit