Construction of Large Data Credit Model in Internet Finance

Abstract

The enterprises with the real economy are facing financing difficulties, and the high cost of financing difficulties can use the banking sector to explain the monopoly of credit information. Large data credit can break through the financial statements, mortgage assets and security information to assess the traditional thinking of corporate credit, which can obtain credit information through business behavior to solve the problem of lack of credit for SMEs. Through the analysis of the credit score model of the four credit agencies which have already obtained the credit card license, it can be seen that there are huge differences in the data sources, statistical calibre, scoring model and scoring standard of each credit institution. Of the interface, norms and conventions, the production of credit products has not yet been widely used in the Internet financial platform. To establish a comprehensive credit system, we must encourage the standardization of data credit information and cross-industry, cross-platform sharing, and improve consumer privacy and credit regulations.