What is a high Sesame Credit score?

A Sesame Credit score of 700 or above is considered a high score. Sesame Credit score is divided into five levels: 700-950 points, which means excellent credit, and Sesame Credit score is 650-700 points. A score between 600 and 650 means good credit. The scoring criteria are mainly divided into five aspects: identity traits (15%), behavioral preferences (20%), personal relationships (5%), credit history (35%) and contract performance ability (25%).

According to the above standards, the final rating results of users can be divided into the following five levels. Poor: Sesame score is between 350 and 550 points; Medium: Sesame score is between 550 and 600 points; Good: Sesame score is between 600 and 650 points; Excellent: Sesame score is between 650 and 700 points. Between; excellent: sesame score is between 700 and 950 points.

Zhima Credit Score is evaluated from five dimensions, that is to say, as long as the user increases the record of keeping promises, accumulates more consumption and repayments, conducts more financial management in Alipay, improves personal information, and Interacting more with your Alipay friends can effectively increase your Zhima Credit score. In addition, Zhima Credit points also have quota-raising tasks. Users who complete the quota-raising tasks can also increase their Zhima Credit scores.

Methods to improve Sesame Credit:

1. Let them know you better and provide additional information. Nowadays, Sesame Credit Score has an extra + sign. You can click on it to supplement your academic qualifications, student status, work email, vehicle information, Linkedin, etc. The more complete the supplements, the clearer they will be about your credit profile.

2. Let them know your ability to repay the credit card. The greater the number of associated credit cards, the higher the credit limit, and the more frequent repayments through Alipay, etc., the greater the help in improving Zhima points. The reason behind this is that by doing so, Zhimafen can better understand your credit history and ability to fulfill contracts.

3. Let them know your spending power and shop more. Cash shopping is not very helpful for Zhima to understand you, because he doesn't know. But if you shop through online channels, Sesame may use such online behavior as a data source for credit evaluation.

Fourth, let them know that you have a lot of wealth and go manage it. Zhima Credit does not know whether your money is at home or in the bank, but if you put your money in Yu'e Bao, Zhaocai Bao, etc., you can not only manage your finances, but also let Zhima Credit know your wealth and increase Zhima Fen's wealth index.

5. Let them know that you are a good person and have positive energy. Be a good person and more people will believe in you. Doing charity and donating money every now and then will naturally help increase your Sesame Credit Score. Where does Alipay’s Sesame Credit Score come from? Why are some people high and others low? How do you get it higher?

Sesame Credit is based on user authorization, uses cloud computing and machine learning technology, and uses logistic regression, decision trees, random forests and other model algorithms to comprehensively process and evaluate data in various dimensions. A comprehensive score is objectively given in the five dimensions of user credit history, behavioral preferences, performance, identity characteristics and relationships.

Zhima Credit Score Evaluation Criteria:

1. Credit record: past credit account repayment record and credit account history.

2. Behavioral preferences: preferences and stability in shopping, payment, transfer, financial management and other activities.

3. Performance ability: stable financial resources and personal assets.

4. Identity characteristics: Sufficient and reliable basic personal information left during the use of relevant services.

5. Network: the identity characteristics of friends and the process of interacting with friends.

Extended information:

Main applications of Sesame Credit points:

During the public beta period, Sesame Credit has been connected with car rental, house rental, marriage, visa, etc. Partners in various fields have entered into cooperation negotiations and will soon provide experimental services, which can be purchased before trying to purchase online, and there is no need to prepare a deposit certificate when applying for a visa.

Zhima Credit is also used for "credit leasing" services. Apartment and House Commander offers different levels of deposit reduction and monthly rent payments based on the tenant’s Sesame Credit rating.

Some Sesame Credits have high credit scores and good credit records, and can also enjoy the rental "privilege" of "0 down payment, 0 deposit, 0 interest, monthly rent, live in first and pay later".

China Everbright Bank announced that it has officially cooperated with Ant Financial’s Sesame Credit to launch a complete Sesame Credit product system. After obtaining user authorization, it will use Sesame Credit as the basis for online card issuance and risk control.

Baidu Encyclopedia - Sesame Credit What are the Sesame Credit ratings? It’s very detailed here

Sesame Credit is a credit information platform under Ant Group. Relying on Alipay, it can collect users’ personal credit information, score it based on five different dimensions, and classify users’ credit levels. , on the other hand, it provides corresponding credit services to users with different credit levels, such as use now and pay later, no deposit for renting, fast refunds, etc. So, what exactly are Zhima credit ratings? Let’s take a look below.

1. Sesame credit rating classification? Sesame Credit Rating is divided into 5 levels, separated by Sesame Credit Score. The Sesame Credit Score range is 350-950 points, that is, the minimum is 350 points and the maximum is 950 points. The specific grades are as follows: 1. 350-550 points ( 550 (excluding 550), poor credit; 2. 550-600 points (excluding 600), medium credit; 3. 600-650 points (excluding 650), good credit; 4. 650-700 points (700 not included) , excellent credit; 5. 700-950 points, excellent credit.

2. Basis for Zhima Credit Score

1. Identity proof refers to relevant data that can verify the user’s identity information and work status, and also includes the length of time the Zhima account has been opened, such as ID card, Passport, driver's license, academic qualifications, work information, etc.

2. Asset certificate refers to the user’s asset data in Alipay, as well as some self-supplemented asset data, such as Alipay balance, Yu’e Bao, funds, wealth management and other financial assets, which Alipay can count and master by itself , and real estate and cars are asset certificates that can be supplemented by oneself.

3. Personal connections mainly refers to user-authorized friend relationship data, such as how many friends Alipay has added and how well they interact with friends. This dimension is mostly used to evaluate users who have opened Sesame accounts for a short time. body.

4. Contract-keeping records refer to users’ trust-keeping performance data in various consumption scenarios related to Alipay, as well as enforcement record data provided by the court, such as Huabei, Jiebei, reserve funds, Internet The overdue record of credit products such as commercial loans is an important scoring point.

5. Behavior accumulation refers to the summary payment data of users in scenarios such as shopping, daily payment, credit card repayment, charity, etc., that is, how many days and amounts were paid using Alipay, and how many repayments were made using Alipay. How many credit cards, living bills, etc. The above is the relevant content about "Zhima Credit Rating", I hope it can be helpful to everyone. What is Alipay Zhima Credit Score? What's the use?

Zhima Credit score is based on information from various dimensions (covering financial lending, transfer payment, investment, shopping, travel, accommodation, life, public welfare and other scenarios) after user authorization. Through artificial intelligence, cloud computing, etc., a comprehensive score of personal credit is objectively presented and used to predict an individual's default rate in credit behavior. Generally speaking, the higher the Sesame Credit score, the higher the probability of keeping promises.

The role of Sesame Credit: When your Sesame Credit reaches a certain level, you can enjoy the following benefits.

1. Impact on consumer loans

Including Alipay loan (if you have a Sesame score of ≥600 points, you have the opportunity to apply for it), and Haoxian loan (if you have a Sesame score of ≥700 points, you have the opportunity to apply for it), There are also bank credit card applications and loans. Zhima Credit has successively cooperated with other financial institutions to use Zhima points as the basis for lending.

2. Deposit-free rental benefits

I love my family's apartment rental, with deposit exemption and monthly rent payment (with Sesame points ≥ 600 points, you have the opportunity to enjoy it); Sesame points ≥ 750 points Yes, you also have the opportunity to enjoy the deposit-free service.

3. Rent a Yongan city bicycle with no deposit (if you have a Sesame score of ≥600 points, you have the opportunity to enjoy it)

4. No deposit for hotel accommodation

A Sesame score of ≥600 points Those who have no bad records will have the opportunity to enjoy credit accommodation in many hotels on Alibaba Travel, with deposit-free and stay-now-pay-later services.

5. Car rental benefits

Those whose Zhima score is higher than 650 and have no bad records will have the opportunity to enjoy deposit-free car rentals from Ubaibike, Shenzhou Car Rental, eHi Car Rental and other third parties. Car rental agencies offer benefits such as deposit-free car rental and pre-authorization limit exemption.

6. Visa application

If the Sesame score is ≥700 points, you can apply for a Singapore visa; if the Sesame score is ≥750 points, you can apply for a Luxembourg visa, which can easily solve various previous documents such as deposit certificates, etc. Troubled by troublesome processes, more countries will join in the future.

7. Credit online shopping, try first and pay later

If you have a Sesame score of ≥650 points, you will have the opportunity to enjoy the convenient benefits of shopping first and paying later.

8. Renting items with credit

With a Zhima score of ≥600, you have the opportunity to rent some uncommon photography equipment, luxury goods, digital products, etc. without deposit on credit, which is convenient for short-term use and You don’t have to pay a high price to buy products, it’s convenient and affordable.

9. Credit discounts on food, drink, and entertainment

If you have a Sesame score of ≥650 points, you will have the opportunity to enjoy credit-exclusive discounts to purchase food, drink, and entertainment-related products/services.

10. Credit recovery

If you have a Zhima score of ≥580, you will have the opportunity to enjoy door-to-door pick-up and payment before mailing provided by platforms such as Xianyu, Huishoubao, and Guimahuishou. , high recycling prices and other multiple benefits.

More details of benefits can be viewed on the Alipay mobile client-Sesame Credit-Credit Life page.

Extended information

The composition of Sesame Credit Score:

1. Credit history: past credit account repayment records and credit account history;

< p>2. Behavioral preferences: preferences and stability in shopping, payment, transfer, financial management and other activities;

3. Performance ability: stable economic sources and personal assets;

4. Identity characteristics: enough rich and reliable basic personal information left in the process of using relevant services;

5. Personal connections: the identity characteristics of friends and the degree of interaction with friends.

The score range of Sesame Credit Score is 350-950 points.