How to understand Sesame Credit, what is Sesame Credit

Sesame Credit is an independent third-party credit rating and credit management agency, which uses big data and cloud computing technology to objectively present an individual's credit status based on all aspects of information, and allows everyone to experience the value brought by credit by connecting various services.

Chinese name: Sesame Credit.

Nature: Independent third-party credit rating and credit agency.

Main technologies: big data and cloud computing.

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On January 5, 2015, the People's Bank of China issued a notice allowing eight institutions to prepare for personal credit reporting business, which was seen as a signal that China's personal credit reporting system is expected to open the gates to commercial institutions, including Tencent Credit and Sesame Credit.

Technical basis. Sesame Credit is a credit system designed based on various aspects of data.

Sesame Credit Score is a comprehensive processing and evaluation of massive information and data by Sesame Credit, which mainly includes five dimensions: user credit history, behavioral preferences, performance ability, identity characteristics, and personal relationships. Based on Alibaba's e-commerce transaction data and Ant Financial's Internet financial data, and has established data cooperation with public institutions and partners such as the Public Security Network, Sesame Credit data covers credit card repayment, online shopping, transfer, wealth management, water, electricity and gas payment, rental information, address relocation history, social relationships, etc.

By analyzing a large amount of online transaction and behavior data, Sesame Credit can conduct credit evaluation on users, which can help Internet financial enterprises draw conclusions about users' willingness and ability to repay, and then provide users with fast credit and cash installment services.

In essence, "Sesame Credit" is a set of credit information system, which collects data from the financial system and fully analyzes the user's behavior records on platforms such as ** and Alipay.

Hello, Sesame Credit Score calculation is mainly divided into the following 5 aspects.

2) Behavioral preference (20%): preference and stability in shopping, bill payment, transfer, financial management and other activities;

3) Networking (5%): the identity characteristics of friends and the degree of interaction with friends;

4) Credit history (35%): past credit account repayment history and credit account history;

5) Performance capacity (25%): enjoy all kinds of credit services and ensure timely performance.

According to the above comprehensive evaluation, 5 credit ratings are divided: 600 or more is good, 650 or more is excellent, 700 or more is excellent, and the maximum score is 950 points! Finally, if you have an urgent need for money, it is recommended that you choose a big brand for a loan, with transparent interest rates and at the same time to ensure your information security

Youqian Hua, renamed as "Youqian Hua" in June 2018), is positioned to provide personal consumption credit services for the public and create an innovative consumer credit model. The application materials are simple, the fastest is 30 seconds for approval, and the fastest is 3 minutes for disbursement. Early repayment is possible, and the recovery limit can be revolving after repayment.

I hope this is helpful to you, click below on the mobile phone to measure the amount immediately, and the maximum amount you can borrow is 200,000.

Clause.

1. Sesame Credit is an independent third-party credit rating agency under Ant Financial, which is Sesame Credit Management. Sesame Credit Score is based on your various consumption and behavior data on the Internet, combined with traditional financial lending information, other alternative data and other aspects of information, using cloud computing, deep machine self-learning and other technologies, through logistic regression, model improvement decision tree, random forest and other model algorithms, in the form of simple and understandable credit evaluation results.

Clause. 2. Alipay Sesame Credit Score is divided into five levels, the higher the level, the greater the authority, the more benefits, see what level you are? What are the permissions?

1. Credit rating.

Sesame Credit is divided into 5 levels.

Sesame Credit has a minimum score of 350 and a maximum score of 950.

Poor credit: Sesame score between 350-550 points.

Medium Credit: Sesame scores between 550-600 points.

Good credit: Sesame score between 600-650 points.

Excellent credit: Sesame score between 650-700 points.

Excellent credit: Sesame scores range from 700 to 950.

2. Authority for credit ratings.

First of all, users between 350-550, this is the lowest level of Sesame Credit, generally new users or people who use Alipay to be deducted points for violations, credit is not very good, users at this stage can basically only use some basic functions of Alipay, such as quick payment, fast transfer, credit card repayment, payment of utility bills, etc.;

Next is 550-600 users, the level is medium credit, belonging to the normal use of Alipay users, the level of users with average credit but can also enjoy some benefits, such as free deposit to stay in the hotel, in addition, the more important point is that only the credit score above 550 points can open Huabei, which is still very attractive to many people.

Further up is the credit good, with a score between 600-650, users of this level can enjoy deposit-free services when using shared transportation, such as the deposit of rent-free shared bicycle hello, rent-free deposit, and so on.

If the score is between 650-700, it is called excellent credit, and you can enjoy the high amount of Huabei and borrowing.

The score of 700-950 belongs to the highest level, with excellent credit, and you can get convenience when applying for visas to some countries, and you can directly apply for a Singapore visa above 700, without having to submit a lot of information such as proof of assets, proof of employment, household registration book, etc.

1. Sesame Credit is:

Sesame Credit is a third-party credit bureau in Alipay, which records the user's credit status through big data and cloud computing technology. Third-party credit reporting agencies are also called private credit reporting, and private credit reporting and the People's Bank of China credit reporting are temporarily unrelated. The financial loan business generally refers to the credit information of the People's Bank of China, and only a very small number of online loans will refer to Sesame Credit when reviewing.

Therefore, when the user's Sesame Credit score is low, it will not affect the personal credit report, and the two credit reports are independent of each other, and the user will not affect his daily life even if he has not opened Sesame Credit.

Second, the role of Sesame Credit:

1. When the user's sesame credit score reaches a certain value, you can rent a car and stay in a hotel without paying a deposit, you can try before buying when shopping online, and you don't need to flash around and transfer the deposit certificate when applying for a visa, you can get approval faster when you take out a loan, get a lower interest rate than others, and even avoid marriage fraud to the greatest extent when you go on a blind date.

2. It makes up for the shortcomings of the central bank's personal credit system, including personal basic information, financial and lending information, consumer information, such as shopping malls and network consumption information, and social public information.

3. If the Sesame Credit score is high enough, you can ride a shared bicycle without a deposit, for example, if the Sesame Credit score is above 650 points, you can use the shared bicycle without a deposit.

4. Only users with a Sesame Credit score of more than 600 points are eligible to open a Borrow, and the user's quota is also different according to the different Sesame Credit Scores; Generally speaking, the higher the Sesame Credit score, the higher the amount assessed by the system, and this way can directly withdraw cash, which can be borrowed and repaid at any time.

Sesame Credit is an independent third-party credit bureau under Ant Financial, which objectively presents an individual's credit status through cloud computing, machine learning and other technologies, and has provided credit services for users and merchants in hundreds of scenarios such as credit cards, consumer finance, financial leasing, hotels, renting, travel, marriage and love, classified information, student services, and public utility services.

Sesame Credit is an independent third-party credit bureau under Ant Financial, which objectively presents an individual's credit status through cloud computing, machine learning and other technologies, and has provided credit services for users and merchants in hundreds of scenarios such as credit cards, consumer finance, financial leasing, hotels, renting, travel, marriage and love, classified information, student services, and public utility services.

1.Sesame Credit is a social-oriented credit service system, based on all aspects of information, using big data and cloud computing technology to objectively present the credit status of individuals, and connecting various services, so that everyone can experience the value brought by credit.

2.Sesame Credit Score is a product of Sesame Credit Management, which is a credit score obtained by Sesame Credit Management according to the current collection of personal user information, sorting and calculation, with a score range of 350 to 950, the higher the score represents the better the credit level, and a higher Sesame Score can help individuals obtain more efficient and high-quality services.

3.Sesame Credit serves each individual, and in specific applications, Sesame Credit strictly follows the user's authorization mechanism to safeguard each person's right to privacy protection. At the same time, Sesame Credit advocates the concept of "circulation", only when each of our credit circulates and forms an orderly flow of credit information, can we truly bring value to each of us, help the society form a complete credit system, and truly realize "let the trustworthy unimpeded and make it difficult for the untrustworthy to move an inch".

Start from every tiny bit like a sesame seed, so that credit equals wealth!

During the public beta period, Sesame Credit has negotiated cooperation with partners in various fields such as car rental, renting, marriage and love, visas, etc., and will soon provide experimental services, such as when the user's sesame score reaches a certain value in the future, it is expected that there will be no need to pay a deposit when renting a car or staying in a hotel, you can try before buying when shopping online, and you don't need to apply for a deposit certificate when applying for a visa, etc. Sesame Credit Score Calculation is mainly divided into the following 5 aspects.

2) Behavioral preference (20%): preference and stability in shopping, bill payment, transfer, financial management and other activities;

3) Networking (5%): the identity characteristics of friends and the degree of interaction with friends;

4) Credit history (35%): past credit account repayment history and credit account history;

5) Performance capacity (25%): enjoy all kinds of credit services and ensure timely performance.

Alibaba, a credit system, has not been widely recognized for the time being.

It's just a toy that teases other people.

Sesame Credit is an independent third-party credit bureau under Ant Financial, which objectively presents an individual's credit status through cloud computing, machine learning and other technologies, and has provided credit services for users and merchants in hundreds of scenarios such as credit cards, consumer finance, financial leasing, hotels, renting, travel, marriage and love, classified information, student services, and public utility services.

According to the description of your question, we have provided you with the following answer: Sesame Credit is a credit evaluation tool launched by Alibaba Group, whose main role is to assess the credit risk of users and provide users with credit authentication services. Specifically, Sesame Credit can provide the following services:

1.Improve creditworthiness: After using Sesame Credit authentication, users can improve their creditworthiness, so as to obtain better services and lower interest rates in lending, renting, and quietly applying for credit cards.

2.Online lending: Cooperate with a number of financial institutions to provide fast and convenient ** lending services, applicants only need to enter personal information, and the Sesame Xinnayun system can recommend a loan plan for the applicant according to their credit score and risk level.

Insight 3Deposit-free renting: Sesame Credit has cooperated with a number of real estate companies to launch a deposit-free rental service, and users only need to go through Sesame Credit certification to enjoy deposit-free rental services.

Sesame Credit is a third-party credit bureau established by Ant Financial, which mainly includes five dimensions: users' credit history, behavioral preferences, performance ability, identity characteristics, and personal relationships, based on the user's personal credit status generated by the user's consumption situation and compliance record in various scenarios. Therefore, if you want to have a high sesame credit score, you must pay attention to these aspects.

With a high Sesame Credit score, you can get a lot of privileges, such as riding a shared bicycle without a deposit, reaching a certain score can open Huabei, borrowing and MYbanking, etc., and with a Sesame Credit score of 750 or more, you can also apply for a Luxembourg visa, and you can enter and exit the EU Schengen countries freely.

If you want to improve your Sesame Credit score, you must first complete Alipay's personal information, such as completing your driver's license, provident fund, work unit, housing information, etc.; You can also use Huabei and borrowing in Alipay, and you must repay the loan on time and do not default when you use it; If there is an overdue Sesame Credit score, it will drop very quickly, and various functions will be turned off.

Sesame Credit is updated on the 6th of each month, if the good usage habits have been maintained for a long time, you can pay special attention to the Sesame Credit score when updating it every month, and you can get more privileges after the Sesame Credit score is improved.