Enterprise credit report is a professional credit rating agency or credit information service agency based on the basic information, financial information, business information, credit information and legal information of the enterprise, using unified standards and methods to comprehensively evaluate and evaluate the credit status of the enterprise. Analyze and form a document that reflects the credit level and risk level of the enterprise. Enterprise credit report is an important part of the enterprise credit system, which has an important impact on the financing, cooperation and development of enterprises. A good enterprise credit report can improve the reputation of enterprises, reduce the financing cost of enterprises, increase the cooperation opportunities of enterprises, and promote the sustainable development of enterprises. On the contrary, a poor enterprise credit report may damage the image of the enterprise, increase the financing difficulty of the enterprise, reduce the cooperation space of the enterprise, and hinder the development prospect of the enterprise.

Therefore, enterprise credit report is very important for enterprises, enterprises should pay attention to the production, acquisition and use of enterprise credit report, as well as the supervision and maintenance of enterprise credit report. However, corporate credit reports are not completely reliable, and there may be some traps, such as information distortion, information lag, incomplete information and information leakage, which may bring adverse consequences to the enterprise. So, what are the traps in the enterprise credit report? Why do these traps occur? How should the enterprise avoid or deal with these traps? This article will analyze and discuss from the following aspects.

The Trap in the Credit Report of 1. Enterprises

There are four main traps in corporate credit reports:

Information is distorted. Information distortion refers to the fact that the information in the enterprise credit report is inconsistent with the actual situation of the enterprise, or there is exaggeration or derogation, resulting in the authenticity and accuracy of the enterprise credit report being damaged. Information distortion can be caused:

The information provided by the enterprise is untrue or incomplete. When providing information to credit rating agencies or credit information service agencies, enterprises may intentionally or unintentionally conceal or tamper with some information that is unfavorable to them, or exaggerate or fabricate some information that is favorable to them, in order to obtain a higher credit rating or a better credit report. For example, a business may misstate assets, revenues or profits, or conceal debts, losses or disputes.

The collection, processing or analysis of information by credit rating agencies or credit information service agencies is not standardized or unreasonable. When a credit rating agency or credit information service agency produces an enterprise credit report, the information in the enterprise credit report may be inconsistent with the actual situation of the enterprise due to the incomplete or unreliable source of information, or the unscientific or unobjective method of processing or analyzing the information. For example, a credit rating agency or credit information service may ignore or ignore some important information, or rely too much on or favor some minor information, or use inappropriate or unfair standards or models, or be subject to some external interference or influence.

Information distortion in the dissemination or use of corporate credit reports. In the process of dissemination or use of an enterprise credit report, the information in the enterprise credit report may change or deviate due to the inappropriate or irregular transmission, storage or display of the information, or the unprofessional or dishonest subject of the receiving, interpretation or application of the information. For example, the dissemination of corporate credit reports on the Internet or in the media may result in the loss or modification of information due to technical failures or human tampering, or the distortion or misleading of information due to the exaggeration of the title or the deletion of content. The use of corporate credit reports in financial institutions or partners may lead to misreading or misuse of information due to inaccurate or unfair understanding or judgment of information, or due to illegal or unethical use or disclosure of information, resulting in misuse or disclosure of information.

The consequence of information distortion is that the credibility and effectiveness of enterprise credit reports are reduced, the credit level and risk level of enterprises can not be truly and accurately reflected, the credit image and credit value of enterprises are damaged, and the financing, cooperation and development of enterprises are affected.

information lag. Information lag refers to the information in the enterprise credit report is inconsistent with the latest situation of the enterprise, or there is a delay or gap in time, resulting in the timeliness and sensitivity of the enterprise credit report is damaged. Information lag can be caused:

The information provided by the enterprise is not timely or updated. When an enterprise provides information to a credit rating agency or credit information service agency, the timeliness and novelty of the information may be reduced due to difficulties or negligence in obtaining or organizing the information, or delays or neglect in the submission or updating of the information. For example, an enterprise may delay or forget to provide important information, such as a change, merger or separation of the enterprise, or a significant change or event in the business, financial or legal aspects of the enterprise.

The collection, processing or analysis of information by credit rating agencies or credit information service agencies is not timely or updated. When credit rating agencies or credit information service agencies produce enterprise credit reports, the freshness and sensitivity of information may be reduced due to insufficient frequency or speed of information collection or verification, or the same cycle or method of information processing or analysis. For example, a credit rating agency or credit information service may update a business's credit rating or credit report on a regular or irregular basis.

Decreased confidentiality and security. For example, credit rating agencies or credit information service agencies may not pay attention to or abide by some confidentiality or security rules or agreements in the process of information collection or verification, such as obtaining the authorization of the enterprise, protecting the privacy of the enterprise or respecting the wishes of the enterprise, resulting in information infringement or offense, or credit rating agencies or credit information service agencies may be in the process of information processing or analysis, do not pay attention to or do not take some confidentiality or security measures, such as encryption, backup or destruction, resulting in information disclosure or loss.

Information leakage during the dissemination or use of corporate credit reports. In the course of dissemination or use of an enterprise credit report, information may be leaked or exposed due to the unconfidential or insecure manner in which the information is transmitted, stored or displayed, or the unconfidential or insecure subject of the receipt, interpretation or application of the information. For example, the spread of corporate credit reports on the Internet or media may lead to the theft or tampering of information due to technical loopholes or man-made attacks, or the proliferation or abuse of information due to the disclosure or sharing of information. The use of corporate credit reports in financial institutions or partners may result in information leakage or exposure due to unclassified or unsafe acquisition or verification of information, or unclassified or unsafe use or disclosure of information, or damage or invalidation of information due to unclassified or unsafe protection or maintenance of information.

The consequence of information leakage is that the privacy and uniqueness of enterprise credit reports are reduced, the credit information and credit resources of enterprises are embezzled or wasted, the credit rights and interests and credit advantages of enterprises are damaged, and the financing, cooperation and development of enterprises are threatened.

The response to the trap in the credit report of 2. enterprises.

The traps in the enterprise credit report are some problems or risks that may arise in the process of making, obtaining and using the enterprise credit report, and the enterprise should find and effectively avoid or deal with these traps in time to ensure the quality and effect of the enterprise credit report and improve the credit level and competitiveness of the enterprise. The response to the pitfalls in corporate credit reports is mainly in the following areas:

Improve the credit awareness and credit responsibility of enterprises. Enterprises should recognize the importance and influence of enterprise credit reports, establish the credit concept and credit culture of enterprises, enhance the credit awareness and credit responsibility of enterprises, actively participate in and cooperate with the production, acquisition and use of enterprise credit reports, as well as the supervision and maintenance of enterprise credit reports. Specifically, companies should do the following:

Honest and trustworthy, standardize business operations, maintain good credit records, provide relevant information about enterprises to credit rating agencies or credit information service agencies in a timely, true, complete and updated manner, and do not conceal, tamper with, exaggerate or fabricate information about enterprises, and do not produce or Use false or forged corporate credit reports, and do not damage or infringe the credit information or credit rights of other companies.

Pay attention to credit, attach importance to credit, take the initiative to obtain and use enterprise credit reports, timely understand and grasp the credit status and credit level of enterprises, timely discover and correct errors or deficiencies in enterprise credit reports, timely feedback and communicate problems or suggestions in enterprise credit reports, and take timely measures to improve or enhance the credit status and credit level of enterprises.

Protect credit, maintain credit, rationally use and keep corporate credit reports, abide by the rules and agreements for the use of corporate credit reports, do not abuse or divulge corporate credit reports, and do not infringe or damage the authenticity, accuracy, timeliness, and integrity of corporate credit reports. Integrity, confidentiality and security will not affect or destroy the credibility, effectiveness, practicality, value, privacy and uniqueness of corporate credit reports.

Improve the credit capacity and credit level of enterprises. Enterprises should recognize the role and value of enterprise credit report, improve the credit ability and credit level of enterprises, make full use of the advantages and opportunities of enterprise credit report, effectively avoid or deal with the problems and risks of enterprise credit report, promote the credit image and credit value of enterprises, and promote the financing, cooperation and development of enterprises. Specifically, companies should do the following:

Improve the credit management ability of enterprises, establish and improve the credit management system and mechanism of enterprises, clarify and implement the credit management responsibilities and processes of enterprises, strengthen and standardize the credit management activities and operations of enterprises, improve the efficiency and effect of credit management of enterprises, and improve the credit management level and credit management quality of enterprises.

Improve the credit analysis ability of enterprises, establish and improve the credit analysis system and methods of enterprises, collect and organize the credit information and data of enterprises, use and innovate the credit analysis tools and techniques of enterprises, carry out and optimize the credit analysis process and results of enterprises, and improve the credit analysis level and credit analysis quality of enterprises.

Improve the credit application ability of enterprises, establish and improve the credit application strategies and programs of enterprises, obtain and use the credit reports and credit ratings of enterprises, use and innovate the credit application ways and means of enterprises, carry out and optimize the credit application process and effect of enterprises, and improve the credit application level and credit application quality of enterprises.

Improve the credit cooperation and credit supervision of enterprises. Enterprises should recognize the commonness and diversity of enterprise credit reports, improve the credit cooperation and credit supervision of enterprises, give full play to the interaction and coordination of enterprise credit reports, effectively enhance or make up for the advantages and disadvantages of enterprise credit reports, promote the quality and effect of enterprise credit reports, and improve the credit level and competitiveness of enterprises. Specifically, companies should do the following:

Improve the credit cooperation of enterprises, establish and maintain a good credit cooperation relationship with credit rating agencies or credit information service agencies, actively participate in and cooperate with the production, acquisition and use of credit evaluation or credit report of credit rating agencies or credit information service agencies, and timely feedback and communicate the credit evaluation or credit report problems or suggestions of credit rating agencies or credit information service agencies.

Quality and effectiveness, improve the quality and effectiveness of credit evaluation or credit reporting by credit rating agencies or credit information service agencies.

Improve the credit supervision of enterprises, establish and maintain a good credit supervision relationship with financial institutions or partners, actively participate in and cooperate with the acquisition and use of credit reports of financial institutions or partners, timely feedback and communication with financial institutions or partners, etc. Questions or suggestions on credit reports, timely measures to improve or enhance the quality and effectiveness of credit reports of financial institutions or partners, etc.

3. epilogue

Enterprise credit report is an important document reflecting the credit status of enterprises, which has an important impact on the financing, cooperation and development of enterprises. However, corporate credit reports are not completely reliable, and there may be some traps, such as information distortion, information lag, incomplete information and information leakage, which may bring adverse consequences to the enterprise.