Overview
- Germany’s largest credit bureau replaced its Basisscore with a 100–999 point model that groups results into five classes and updates quarterly.
- Schufa says 83% of consumers will see no change from the switch, with 9% improving and 8% worsening, and only about 0.03% reaching the maximum 999.
- Access requires a new verified Schufa account via IDnow or a postal option, with a waitlist in place and availability through a web app as the mobile app rollout begins.
- High demand has caused display and access problems across platforms as people try to view their new ratings.
- Consumer advocates cite persistent data-accuracy complaints and urge the government to require credit bureaus to ensure correctness of records.