SCHUFA scandal study: Half of all SCHUFA entries false?

Can you trust the SCHUFA report? Study says: No!

A 2009 study by then Consumer Protection Minister Ilse Aigner found that 46% of the data stored by credit bureaus like SCHUFA was false. has reviewed the available material. Based on feedback from numerous customers who have requested their SCHUFA information through us, we assume that a large proportion of SCHUFA entries are indeed incorrect or outdated. This can have serious consequences for the people concerned: Installment purchases, loans or cell phone contracts are then only available with difficulty or at unfavorable conditions.

Data basis of the Aigner study scientifically highly problematic!

However, it is fair to say that the study is now 11 years old. Whether or not the credit bureaus' databases have improved, we don't know.
Furthermore, the study at the time was probably based on a survey of just 100 people. We do not know how these were selected. As is well known, given the enormous amount of data held by SCHUFA, for example, a serious statistical study cannot be carried out with just 100 people. This is probably the main criticism of the Aigner study at the time.

Nevertheless, the study highlights a structural problem that the credit bureaus, and SCHUFA in particular as the largest company in this market, are likely to have: SCHUFA can only store data that other companies pass on to it. Quality control of SCHUFA information is thus hardly possible per se.

Get clarity - request SCHUFA self-disclosure and check!

Conversely, this means that we as consumers must check ourselves whether our data is up-to-date there in order to avoid inconveniences. The easiest way to do this is with a SCHUFA self-disclosure.

The application is easily possible at any time via!

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