Extensive consumer databases are not inplace for lenders to check, but companiesare scrambling to crack the credit code.
KUNSHAN, China — Banks and other lenders typically look at borrowers’ credit histories, tax forms and other financial information to determine whether they will get paid back. In China, lenders also look at their bathrooms. Lenders have to be creative. As the economy slows, the government wants to nurture a credit culture to get Chinese families spending instead of saving.