First, the main scope is different.

Sesame credit includes four application scenarios: accommodation, travel, socialization and finance.

Bank credit investigation adheres to the road of simplification, focuses on the lending market, and controls the capital risk at the forefront.

Second, the credit classification level is different.

Sesame comprehensively considers the information of individual users from five dimensions: credit record, behavior preference, performance ability, identity characteristics and personal connections.

There is no scoring system and no hierarchy for personal credit of bank credit investigation. Every institution has its own standards to measure the quality of credit. Generally speaking, "three times and six times in a row" is a demarcation point. As long as the borrower does not exceed three times in a row and six times in a row in two years, it can basically be labeled as "good credit".

Third, the query methods are different.

To query sesame score, the public beta user only needs to install Alipay wallet mobile client on his mobile phone, open the "Wealth" column to see the option of sesame credit score, and click to view sesame score.

Bank credit inquiry: The public can inquire about personal credit reports through the Internet, online banking of commercial banks, self-service inquiry machines and counter inquiries.

Fourth, there are different ways to eliminate bad credit records.

Sesame Credit Card:

1, often use credit card to shop online and repay on time;

2. Online shopping knows how to take the initiative to pay, instead of waiting for the system to automatically deduct money;

3. Use taxi software to make appointments on time;

4, often donate love on Alipay;

5. Use Alipay to transfer money and so on.

Bank credit inquiry: As bank credit inquiry is a rolling process, with the passage of time, the new credit record will cover the old one from the date when the borrower pays off the debt, and the bad credit record will disappear automatically after two years.