Individual bad credit to smother daily life   

個人征信將滲透生活細節 或影響購物買房找對象

郭田勇說道，“民營征信的一個‘亮點’就是個人征信數據采集從線下轉移到線上，相對于線下，個人線上生活痕跡更容易被記錄。八家民營企業中，不乏有騰訊、阿里等，這些企業業務更貼近民生，手握網民生活細節的大數據�！睋�悉，八家民營企業中，既有手握居民水、電、煤氣、固話、寬帶等繳費業務數據的拉卡拉，也有集社交、購物大成者的騰訊、阿里。[查看全文]

(ECNS) – Eight enterprises including tech giants Tencent and Alibaba have been urged to make preparations for the individual credit market, a new sign of China's changing credit rating system, according to a notice issued by the Bank of China.

The companies are authorized to collect, organize, and manage information related to individual credit and also offer reports to their customers.

A common agreement is that the credit of an individual will be based on their daily life.

Several enterprises have detailed data related to payment of utilities, landlines, broadband and social relationships, as well as online shopping.

Internet giants involved in instant messaging, social media, mass media, e-commerce and online gaming have huge advantages in producing individual credit reports.

The policy is expected to expand the influence of credit investigation, reflected mainly in applying for loans and credit-based consumption.

The opening market will affect every aspect of a person's life, says Guo Tianyong, a professor at Central University of Finance and Economics.

Data will be collected online rather than offline and details of people's lives are easier to record, says Guo.

Official sources on what kind of data will be used to check an individual's credit history are still unknown, however.

It is speculated that individual credit checks will be applied to matchmaking websites, house-renting, job-hunting and car-renting.

Guo says personal credit will be more and more important in China, and those without a good credit history will face many difficulties.