The Chinese government has instituted a high-tech, data vacuuming social credit score system to continuously monitor the “trustworthiness” and obedience of its 1.4 billion citizens, the full nationwide rollout of which is expected next year 2020. Each citizen will be tracked, rated, and rewarded...
Surprisingly, for some lenders, this kind of behavior is nothing new. Read on to learn how some companies are using your social media profiles or activity to determine whether or not you have a high “social credit score” and are worth the risk of a loan. Share This Graphic On Your Sit...
The credit score is one the more important numbers in adult life, ranging from 300 to the perfect score of 850. Your ability to become a homeowner, to land a job, or to get the best interest rate is all tied back to your credit score. Before credit scores, loans were made on a ver...
The solution proposed by Douglas and his social credit theory was a form of rebate to bring prices down for consumers and equalize their purchasing power. He suggested that goods should be purchased at full price, with consumers receiving a rebate to adjust the cost they pay. This rebate would...
China’s social credit system was first officially proposed to the public in 2014 with the release of theOutline for the Construction and Planning of the Social Credit System. Often misconstrued as a surveillance system for monitoring the behavior of private citizens, the system is actually an att...
While your personal credit score is tied to your Social Security number, your business credit score is tied to an Employer Identification Number — or EIN. This helps you keep your personal financial information private while you build and maintain your business credit score. You must legally regi...
China’s social credit system is a merging of technologies China’s social credit system is run by the state. But its development and functioning relies heavily on close cooperation with big Chinese internet companies like Alibaba, Baidu, Tencent and SenseTime. These provide technical infrastructures...
What Credit Monitoring Program Is Right for You? The right credit monitoring service depends on your personal situation, but it can be wise to have a credit monitoring system to help prevent fraudulent activity. If you have been a victim of identity theft in the past, it may be a good ...
To put it simply, a social media content creator’s job is to produce and edit content, whilst a social media manager works with them to define a clear strategy and manage profiles. Social media managers are also often responsible for building communities around social accounts, and may also ...
What is CRM used for? CRM is used to improve customer relationships. They provide a secure, organized, low-touch storage system for customer information and help businesses efficiently provide personalized, relevant communications to their customers. ...