Research On The Legal Issues Of Internet Personal Credit Investigation

Internet finance has developed rapidly in China in recent years.Its characteristics of virtuality,complexity,and diversification require that China must take risk control as an important task to promote the long-term development of the industry.Internet personal credit information plays an irreplaceable role in evading personal credit risk arising from financial activities,optimizing the allocation of financial market resources,and improving transaction efficiency.However,there are many problems in the Internet personal credit information itself that need to be solved.Therefore,we While using internet personal credit information for risk control,it must also be incorporated into the standardized road.In order to meet the needs of China's Internet financial development for the reform and upgrading of traditional personal credit information,the People's Bank of China issued the “Notice on Preparing Individual Credit Reporting Business”(hereinafter referred to as the “Notice”)in 2015,requesting to include sesame credit,The eight companies including Tencent Credit Co.,Ltd.have made preparations for individual credit information services,among which the institution engaged in Internet personal credit information represented by Sesame Credit has developed over the past three years and has accumulated business models,technological innovations,and experiences.Has achieved great results.However,due to the rapid rise of China's internet personal credit information,the accompanying laws and regulations have not been followed up.The regulatory body,content,and methods have great limitations,leading to more legal issues in personal credit reporting activities.In this context,this paper selects the individual credit information business in the sesame credit model typical of China's Internet personal credit report,and elaborates on the three major links of its operating model and credit information activities,and concludes that the current status of China's Internet personal credit information exists at this stage.Legal issues,targeted recommendations.The first chapter of this article is mainly about the theoretical overview of Internet personal credit information.Including the definition of credit,credit information and personal credit information,and the definition of personal credit information on the Internet,the reasons for the rapid rise of Internet personal credit information in China and the current development status are summarized.In terms of foreign countries,they have combed the representative models of three types of personal credit information in Western developed countries,and analyzed the status and characteristics of the development of individual Internet credit information in the United States that is of great significance to China.In the second chapter of this article,the personal credit information service in the representative case,Sesame Credit and Sesame Credit,is a typical representative of China's Internet personal credit information activities.It includes the collection of personal information data from sesame credit information,credit evaluation models,and personal identification.The application of the letter results is discussed in three main areas,and the related legal problems and the causes of the problems in the three links are analyzed.The third chapter of this paper is based on the case study and combines relevant laws and regulations in China.It elaborates on the legal relationship among the Internet's personal credit information related participants,analyzes the rights and commitments of each participating entity,and summarizes the Internet at the time of emergence.The common legal problems in personal credit information include incomplete legal systems,imperfect legal mechanisms,inadequate protection of personal legitimate rights and interests,and deficiencies in the regulatory bodies,content,and methods.The fourth chapter of this article focuses on how to regulate a series of legal problems in China's current Internet personal credit information,starting with the general direction of the legal system,legal mechanisms,individual rights,and legal supervision,and carefully analyzing the issues one by one.We will focus on finding a balance between the opening up of personal credit information and the protection of legitimate rights and interests,and finally put forward concrete and feasible countermeasures,suggestions and regulatory measures for the healthy development of China's Internet personal credit information.