Etiket: SCHUFA
Schufa: Consumers are holding back
Despite the increasingly tense financial situation, most people in Germany are meeting their payment obligations as before. The number of newly registered payment disruptions this year is below the previous…
Loans and cell phone contracts: What SCHUFA knows about me
SCHUFA is Germany’s largest credit agency for credit checks and assessing the creditworthiness of private individuals. SCHUFA stores this data. What is SCHUFA anyway? SCHUFA stands for “Protection Association for…
Schufa: Significantly more installment loans – trend towards smaller sums
WIESBADEN (dpa-AFX) – Consumers in Germany are increasingly using small loans for purchases on credit. Four out of ten (42.6 percent) newly agreed installment loans in Germany were less than…
Schufa shortens the storage period of private bankruptcies
By Marlene Polywka | Mar 29, 2023 1:03 p.m Somewhat surprisingly, the credit agency Schufa announced a fairly far-reaching change. This refers to the storage period of data. Only recently…
Does the Schufa score violate EU law?
By Marlene Polywka | Mar 20, 2023 at 7:17 p.m A case from Germany is currently causing a stir. Depending on the outcome in court, a lot could change in…
New debit cards can have a negative impact on the Schufa score
By Marlene Polywka | November 03, 2022 at 3:45 p.m The Schufa value is very important in Germany, for example to be able to rent an apartment. It can be…
What is the Schufa score and how is it calculated?
By Levin Hubert | Oct 08, 2022 3:04 pm Most people have something to do with it at some point when it comes to concluding a rental agreement or taking…
SCHUFA power: what consumers need to know about the data collector SCHUFA
by Sabine Hildebrandt-Woeckel, Euro on Sunday IIf there is talk of SCHUFA anywhere, everyone in Germany probably knows what it is about. If you want to apply for…
What SCHUFA knows about you and what not
By Marc Hankman | March 07, 2022 at 2:10 p.m For many, an entry at SCHUFA is synonymous with debt, insolvency or a low credit rating. However, that is not…
Delete SCHUFA entries – Here’s how
The abbreviation “SCHUFA” stands for “protection association for general credit protection”. Even if it doesn’t sound like it to many at first, this is still a private company and not…