Tag: creditworthiness
Cabinet decides on rules for creditworthiness assessments by credit agencies
As of: February 7, 2024 3:40 p.m Whether it’s zip code or bank details: consumers’ creditworthiness often depends on questionable factors. In order to change that, the federal government now…
ECJ ruling: Schufa score must not be decisive for creditworthiness – economy
The European Court of Justice (ECJ) has restricted the use of the controversial Schufa score for creditworthiness: Companies are not allowed to decide whether to conclude contracts with customers solely…
ECJ: SCHUFA score must not be decisive for creditworthiness
As of: December 7th, 2023 10:36 a.m The SCHUFA score should not be the only factor when it comes to whether companies conclude contracts with their customers. The European Court…
European Court of Justice decides on the Schufa score
As of: December 7th, 2023 6:16 a.m The European Court of Justice is deciding today whether Schufa’s scoring system is compatible with data protection standards. This could have far-reaching consequences…
Consumer advocates see risks when checking creditworthiness via app
background As of: November 4th, 2023 4:57 p.m Retrieve your own creditworthiness via an app – Schufa has been offering this service through a subsidiary since the summer. Consumer advice…
Thursday: Android gets repair mode, ASML benefits from China embargo
Google is working on a new feature for Android smartphones. In the event of support, users will soon no longer have to reset their Android cell phone. The new repair…
Bonify: Massive data leak at Schufa subsidiary – a disaster for thousands of customers
San Francisco, the lost city forever About a third of the commercial space in San Francisco is empty, and 8,000 homeless people now live in the city center. How can…
Schufa: Free insight into your own creditworthiness with the Bonify app
Schufa: Free insight into your own creditworthiness with the Bonify app Consumers can now, if they wish, view the data on their creditworthiness calculated by Schufa free of charge. To…
Does the computer decide on creditworthiness? – Business
If a company starts a transparency offensive whose business is based on the greatest possible opaqueness, then this usually has more to do with external pressure than with internal insight.…
Creditworthiness: Is Russia threatened with national bankruptcy?
Status: 03/03/2022 3:54 p.m Rating agencies Fitch and Moody’s downgraded Russia’s credit rating to “junk” today. However, it is questionable whether this will impress the Russian government. By Thomas Spinnler,…