2020 January 19, the second generation of central bank credit information system to provide inquiry service for the public and financial institutions. Credit reporting format provided by the second generation of the credit system, further enrich the personal and business credit information, updated information to improve efficiency, more comprehensive, timely reflect the credit status of individuals and businesses.
From the time span of the second generation of credit, dimensions, and have a level of granularity upgrade , allowing users a more complete portrait, enhance decision-making and learning construction risk control model, which will help finance the exhibition industry and precision of marketing. Top as the associated network, Xintell intelligent model-based platform to launch a second generation of variable credit system and module development , the use of artificial intelligence, big data and other technologies to provide richer predictor for financial institutions and a more precise risk measurement and risk decisions .
Top like recently released "second generation of central bank credit interpretation report" on the second-generation credit personal effects, household enterprises to carry out a detailed analysis.
Some Changes of second-generation credit
The central bank credit system is an effective tool for financial institutions to guard against and defuse financial risks. The first half of 2019, financial institutions refuse high-risk customers apply for loans through the credit inquiry system before approval: 393.69 billion yuan; the stock of loans to high-risk warning: 780.34 billion yuan; clear close non-performing loans: 95.7 billion yuan.
The central bank credit generation system officially runs in 2006, it has a collection of 1.02 billion individuals, 28.341 million corporate information and other organizations. 2019, cumulative personal and business credit information system queries per second and 2.4 billion respectively, 110 million, the average daily queries were 657 million times and 296,000 times.
In January this year, the second generation of central bank credit on the line to add a number of information systems. Personal aspects, increase employment status, nationality, telephone number, common loan, revolving loan, credit card large special stage, credit agreement, individuals providing information guarantees. On the corporate side, increase parent body, firm size, industry, circulation overdraft, personal guarantees for the company, the total amount of overdue information, such as the number of overdue principal and monthly indicators.
For hot water and electricity had not been included in the payment information collection, credit report, but in the second generation design reserved display format, and will inherit personal telecommunications normal payment arrears and display information generation credit system credit report has been collected.
A significant impact on second-generation credit system for individuals and families
Credit main second-generation credit information even more transparent and open, covering life, work, and from all aspects of society, an effective solution to the problem of asymmetric information, make financial institutions more detailed understanding of credit subject status, help make approval , credit and precision marketing more effectively promote the popularity of inclusive financial services. Once dishonesty, it will directly affect mortgages, credit cards, consumer loans and other approvals.
Let 'buy fake divorce "does not work
Credit report credit information system in the second generation joined the "co-borrower" will reflect the couple's mortgage situation. This also means that even if a divorce, mortgage credit records still exist between the two sides, the down payment to buy a house may increase. For the "divorce-style home buyers" enjoy "first suites" and "low interest rate is low down payment" policies of behavior will result in effective inhibition. While not excluding a number of ways through marriage property division, separation party debt, to achieve "first suites" arbitrage, however, the difficulty and cost of operations increased dramatically.
Plug the old Lai "cancellation wash credit" loopholes
Credit report generation credit system, credit card cancellation related to repayment history will no longer be displayed. There are many seriously overdue record of the cardholder, as long as the pay off debt, then the account written off, that can get a "clean" the credit report. There are seriously overdue cardholder behavior, shattering method, to chip in money to pay off the arrears account and then write off the account, you can also get a "clean" credit reports.
In the second generation credit report credit information system, even after cancellation, repayment record will still be retained for five years. This also means that they can be difficult to replace the old Lai vest apply to new loans from financial institutions, "Credit cancellation wash" method fails.
So that "raising cash card" show prototype
Credit report credit information system in a generation, the amount of each credit card payments are not recorded, so speculators have developed a "0 bill" Yang card arbitrage strategies (ie the day before the full repayment date of each bill, after the billing cycle in turn funds brush). Doing so, speculators taking up credit funds of credit cards at the same time, each issue bills to zero.
In the second generation credit report credit information system, the new "repayment amount" to increase the show "month last six months should also amount." This "0 bill" raise the card's behavior chancery also exposed. Allow financial institutions to effectively identify and block letters raise cash card behavior.
Effectively prevent speculators' bulls lending "
Updated generation credit system longer, usually a month or even longer. Many speculators use the time difference, apply for loans to a number of financial institutions. Since the credit information is not updating, speculators likely to get more than their ability to repay loans.
Updated second-generation credit system shortened to T + 1 days, financial institutions can borrower latest balance sheet, to provide reasonable credit services. The borrower attempts to take advantage of the time difference, and get multiple loans the method fails.
The establishment of an "economic identity card" for individuals
Credit new second-generation digital interpretation, similar to credit some financial technology. On the basis of personal information on the use of statistical methods, a comprehensive assessment of the credit risk of future credit subject, and to show the passing score, the higher the score the lower the credit risk. At the same time, also increased the credit points to finish, so that a clear understanding of the main credit your credit position.
By the Numbers, allowing users to quickly understand the main business and personal credit, to perform their duties according to law, consolidation of qualification, becomes to reflect the business and personal credit behavior of the "economic identity card." At the same time, we can help financial institutions better understand the borrower's overall score is conducive to risk control model building, scorecard building, and fraud.
II Credit promote the construction of a social credit system
Social trust is the basic prerequisite for creating economic prosperity, is a credit economy is essentially a market economy. Economic field of commercial fraud, selling fake goods, tax evasion and fraud and other acts of dishonesty, seriously affecting the orderly development of the market economy, is not conducive to international commercial exchanges. Establish a credit market as the core of the new regulatory system can effectively resolve the credit market transaction information asymmetry, "Gresham's Law" and other issues, standardize the market order, reduce transaction costs and reduce transaction disputes, stimulate the vitality of the market.
Nineteen large report that we must continue to take all kinds of measures to promote the construction of a social credit system. Accelerating credit legislation, improve the legal system as a basis for credit the construction of a social credit system, is of great and far-reaching significance. Credit is the second generation of specific measures of macroeconomic policy, not only to better meet the credit needs of financial institutions and the community, but also a powerful impetus to the development of inclusive finance and financial technology.