Tag: Schufa
New Federal Data Protection Act – even more power for Schufa?
exclusive As of: March 21, 2024 6:00 a.m It is already the largest credit reporting agency in Germany: Schufa. According to research by NDR and making the Süddeutsche Zeitung even…
Schufa: This law could make you more influential – economy
The woman who recently made the Schufa headlines is sitting in the living room of a western German city that has already been decorated for Easter. She is not the…
Munich: Where most debtors live – Munich
The number of over-indebted consumers in Munich who can no longer meet their payment obligations continued to decline last year, falling by around 1,700 to 90,362 people. The debtor ratio…
Consumer: Data protection officer: Schufa violates data protection regulations
consumer Data protection officer: Schufa violates data protection regulations Contrary to the provisions of the GDPR, does Schufa withhold certain data from consumers who provide free self-disclosure? This is the…
Schufa: Cabinet is tightening rules for credit agencies, especially in one area – economics
If you need a loan in Germany, want to buy a property or want a cell phone contract, you can’t ignore one of them: credit agencies like Schufa. They have…
Schufa: Cabinet tightens rules for credit agencies – economy
If you need a loan in Germany, want to buy a property or want a cell phone contract, you can’t ignore one of them: credit agencies like Schufa. They have…
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 sets strict requirements for Schufa – Economy
As is well known, Schufa is involved in forecasting, but you really didn’t have to be an expert on the future to predict the ruling from Luxembourg. The Advocate General’s…
ECJ sets guidelines for SCHUFA scoring
As of: December 7th, 2023 1:42 p.m According to the European Court of Justice (ECJ), the SCHUFA scoring system is prohibited if companies rely on it significantly when deciding whether…
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…