What is Sesame Credit? What is it for?

<> we are talking about a function in Alipay, called Sesame Credit, but we don't know what specific role this function has, in fact, Sesame Credit is simply an independent third-party credit bureau, mainly for users to assess the credit status of individuals and small and micro enterprises.

Sesame Credit can evaluate the default probability in terms of economic credit, in fact, to put it simply, Sesame Credit can see whether the user abides by the contract, whether the loan on Alipay will be repaid on time, and can perform on time, etc., these are all factors that affect Alipay Sesame Credit score. Then behind Alipay's Sesame Credit Score is a set of cloud learning and computing functions, which can make the most fair scoring mechanism through the user's behavior, in other words, that is to say, the higher the Sesame Credit score, the higher its compliance.

Sesame Credit is Alipay's comprehensive system score, which is evaluated once a month. It is based on your ...... in **, Tmall, Yue Bao, HuabeiThe frequency of use of these systems, the record of compliance, etc., are used to score comprehensively. Of course, if you have a high sesame credit score, you will enjoy a deposit-free shared bicycle, and the newly launched sesame score of more than 650 can be insured by mutual insurance, etc.

The improvement method is, of course, to increase the frequency of use of the Ali system, and keeping promises will naturally give you points

1. The Huabei borrowing for our online shopping is to evaluate the opening and raising the amount through sesame points, but it is not that the sesame score is high and it will definitely be opened, but it depends on your credit history and asset status.

2. Credit priority. Now our country's credit system is constantly improving, and sesame points are a big reference, including some high-speed railways, airplanes have credit priority channels, as long as your sesame points reach more than 750 points, you can enjoy these services.

3. Convenient travel. Now Ali has reached cooperation with many countries. As long as your sesame score is high enough, you can travel to many countries visa-free.

4. Capital turnover and borrowing. At present, many financial companies in the market lend to the reference value of sesame points, if you need capital turnover in the case of the bank does not approve the loan, to go to the Internet financial company to borrow, sesame points is a very important reference.

Sesame Credit is a credit system under the Alipay app, if the score is too low, many items in Alipay can not be experienced, on the contrary, if the credit is higher, there will be more permissions in the Alipay app.

Sesame credit score is Alipay's credit record for users' daily behavior, and those with high credit scores can use many privileges, such as credit housing, credit rent, and applying for passports abroad, free property certificates and other discounts, and you can also enjoy free tax refunds.

Sesame Credit is a manifestation of our integrity. If the score is high, you can ride without a deposit and enjoy the service of Huabei borrowing.

What exactly is Sesame Credit used for? Many people can't imagine that they can still do these things!

First of all, increase the Huabei limit: Nowadays, almost most young people use Huabei, and the average user's limit is around 500 to 50,000, which is based on the level of credit score. If the sesame credit score is high, the system will think that your economic situation is good and reputable, so the amount you will open will naturally be higher, and the sesame credit score is above 650, and you can generally have a limit of about 10,000 yuan, and you can buy a lot of things you want in advance.

However, a low credit score will not only affect the credit limit, but also your credit profile.

Secondly, no deposit: now there are many shared series of products, such as shared bicycles, shared cars and shared charging treasures, etc., which need to submit a certain deposit for the first use, and then return to the user when not used in the end. However, if your Sesame Credit score is high enough, some products that have a partnership with Ant Financial or Alipay will give you no deposit, and you can use it directly after paying the money, doesn't it also seem to have more face?

Finally, the hotel stays first and pays later: Previously, Ali launched the "credit stay" very early, as long as the credit score is above 600 points, you can stay in the hotel without a deposit, and you can check in first and pay later, which makes it a lot more convenient for users. Nowadays, there are very few software in China to achieve this function, which also makes users with high credit scores have new preferential treatment, I believe everyone is also looking forward to this preferential treatment.

In fact, Sesame Credit is a reflection of a user's economic situation and credit, of course, the higher the better, even without these benefits, we should try to ensure that there is no cross-border behavior.

After the user's authorization, Alipay Sesame Credit objectively presents a comprehensive score of personal credit based on information from various dimensions (covering financial lending, transfer payment, investment, shopping, travel, accommodation, life, public welfare and other scenarios) through artificial intelligence and cloud computing, which is used to ** the default rate of individuals in credit behavior. Generally speaking, the higher the Sesame Credit Score, the higher the probability of trustworthy fulfillment.

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

1. Affect consumer loans.

Including Alipay borrowing (sesame points 600 points have the opportunity to apply), good loans (sesame points 700 points have the opportunity to apply), as well as bank credit card applications and loans, etc., Sesame Credit has successively cooperated with other financial institutions to use sesame points as the basis for lending.

2. Rent-free benefits.

I love my family's apartment rent, deposit reduction, monthly rent payment (sesame points 600 points have the opportunity to enjoy); If you have a sesame score of 750 or more, you will also have the opportunity to enjoy the free deposit service.

3. Rent Yongan City Bicycle for free deposit (sesame points 600 points have the opportunity to enjoy).

4. Hotel accommodation is free of deposit.

Those who have a sesame score of 600 points and no bad records have the opportunity to enjoy the credit of Ali Travel in many hotels, no deposit, and pay first service.

5. Car rental benefits.

Those with a sesame score higher than 650 and no bad records have the opportunity to enjoy benefits such as deposit-free car rentals by Ubaibike, car rentals and eHi car rentals, and pre-authorization free quotas.

6. Visa processing.

Sesame points 700 points, you can apply for a Singapore visa; With a score of 750 points, you can apply for a Luxembourg visa, which easily solves the troubles of the troublesome processes such as various documents and deposit certificates in the past, and more countries will join in the future.

7. Credit online shopping, experience first and pay later.

Sesame points are 650 points, and you have the opportunity to enjoy the convenient benefits of shopping first and paying later.

8. Credit lease.

Sesame points 600 points, there is an opportunity to rent some infrequently used photography equipment, luxury goods, digital products, etc., which is convenient for short-term use, and does not need to spend a lot of **** products, which is convenient and affordable.

9. Food, drink and entertainment credit discounts.

Sesame points 650 points, the opportunity to enjoy exclusive credit discounts** to purchase food, drink and entertainment related products and services.

10. Credit**.

Sesame points are 580 points, and you have the opportunity to enjoy multiple benefits such as express door-to-door pickup, money before mailing, and high **** spring files provided by platforms such as Xianyu, **Bao, and Estimate**.