
PRG News Roundup: December 7th
By Alexia Ramirez
Popular Chinese credit rating firms, Sesame Credit and China Rapid Finance, have been reported to use consumer’s online-shopping habits and social networks to calculate their credit scores. The companies reward consumers with good credit scores with perks such as express service at hotels or deposit-waivers on rental cars, which serves to incentivize consumer participation and the relinquishing of such personal data.…