Knowledge science! The difference between central bank’s credit reporting and hundred banks’ credit reporting.
Express service
Borrowing so many times, many friends only know about the credit information, but they don’t know what credit information is in the end. Now, the more famous ones are the central bank credit information and the hundred banks credit information. Let’s talk about it here!
What are the central bank’s credit information and the hundred banks’ credit information?
Central bank credit investigation
Central Bank Credit Information is a record of personal credit information issued by the Credit Information Center of the People’s Bank of China, so people’s bank credit information is actually the same as central bank credit information.
The information source of the People’s Bank of China’s credit information is mainly the financial information of some formal financial institutions, including banks, guarantee companies, financial service companies, financial leasing companies, finance companies, microfinance companies and so on.
Baixing zhengxin
Baixing Credit Information Co., Ltd. is a personal credit information agency led by China Internet Finance Association and jointly established with eight market institutions including Sesame Credit, Tencent Credit Information, Pengyuan Credit Information and Qianhai Credit Information.
These eight institutions can be said to be the overlords of the credit information industry. By integrating all the non-governmental credit information, the credit problem of 1.4 billion Chinese can be seen at a glance.
What is the difference between a hundred banks’ credit reporting and the central bank’s credit reporting?
At present, only the Central Bank Credit Information Center and its subordinate Shanghai Credit Information Company provide personal credit information service in China. As a public institution directly under the central bank, the Credit Information Center is responsible for the construction, operation and maintenance of the basic database of credit information of enterprises and individuals in China.
data source
The central bank’s credit data mainly comes from traditional licensed financial institutions such as banks, and only records financial-related business data.
If you are a student, a newly graduated office worker, and haven’t done business in financial institutions such as banks, then you can’t get your credit data, and Baixing Credit Information will have these records.
There are different data items in the 100-bank Credit Information Bureau. In addition to financial data, each bank is also collecting other data, including data of life, data of e-commerce and data of other transactions. Small loans and internet financial institutions are United.
Compared with the central bank’s credit reporting, the 100-bank credit reporting plays a more complementary role, but it does not rule out that it will communicate with the central bank’s credit reporting data in the future.
Different purposes (in terms of loans)
Credit investigation by the central bank is a basis for risk assessment of lending business of banks and other financial institutions.
As a basis for risk assessment of some financial institutions, online lending platforms, Internet companies, private lending and other lending businesses, Baixing Credit Information is available.
Differences in data structure
The central bank’s credit information center is more structured data, and the credit information of a hundred banks may include unstructured data. Unstructured data includes network pictures, videos, chat records and so on, not just digital information.
Hundreds of credit reporting agencies are more productized.
In addition to the credit report, eight credit reporting agencies have their own scores, as well as deeper models, precision marketing and big data services.
The central bank’s credit report+100 banks’ credit report feels like a transparent person, so everyone must cherish their credit and big data and safeguard their credit. The future is definitely a credit society, and if the credit data is poor, it is really difficult to move!
Reporting/feedback