Article 2 of the Regulations on the Administration of Credit Information Industry stipulates that:
Credit information business refers to the activities of collecting, sorting, saving and processing the credit information of enterprises, institutions and other organizations (hereinafter referred to as enterprises) and individuals, and providing them to information users.
? A credit investigation company refers to a legally established institution engaged in credit investigation. It collects, sorts out, saves and processes the credit information of enterprises, institutions and other organizations (hereinafter referred to as enterprises) and individuals, and provides it to information users.
The establishment of a credit reporting agency engaged in personal credit reporting business shall meet the conditions stipulated in the Company Law and the Regulations on the Administration of Credit Reporting Industry, and shall be approved by the supervision and administration department of credit reporting industry in the State Council.
Credit information companies mainly collect personal credit information and provide personal credit information consultation for individuals or financial institutions. At present, private credit companies include Sesame Credit, Lacarra Credit, Qianhai Credit and China Credit. Although these private credit companies do not have the authority of the People's Bank of China, they are also indispensable for personal credit.
Credit reporting companies need to make personal credit reporting or corporate credit reporting. Personal credit information mainly collects, sorts out and processes personal information, including personal basic information, performance information such as personal loans and credit cards of financial institutions, and personal consumption information. Nowadays, due to various factors, personal credit approval has been delayed. On the one hand, personal information involves privacy; On the other hand, due to the limitation of China's social and cultural environment, it needs further optimization.
Enterprise credit information mainly collects, sorts out and processes the basic information, business information, management information and financial information of the enterprise. At present, enterprise credit information has not been publicly recognized. On the one hand, due to the limitation of data sources, if it is only obtained through an intermediary third-party data company, the authenticity and history of the data need to be verified.
This will lead to many objections; On the one hand, banks and customers who use data need non-public information from government departments, and most credit reporting companies have not found their own excellent business to develop, so they are struggling. After all, the credit industry is still in the exploratory stage, and there is still a long way to go.