Tag: payment practices
Credit insurer Coface: Payment behavior has deteriorated
Companies often have to wait for their money The automotive and transport sectors are particularly affected by poor payment practices. (Photo: imago images/Jens Schicke) Mainz/Frankfurt According to a survey, the…
Schufa tenant information available under a different name
The Bonify app On Monday afternoon, the Schufa service could not be reached via the app. (Photo: dpa) Berlin Germany’s largest credit agency, Schufa, presented a new service last week…
Consumers now have free access to their “Score”
Wiesbaden Consumers can now check their creditworthiness at any time. Because the data on creditworthiness stored by the Schufa can now be viewed online free of charge. A new Schufa…
“We don’t see a wave of bankruptcies, but a normalization”
Munich, Frankfurt These are figures that are frightening at first glance: there are said to be 16 percent more insolvencies this year, with a nominal impact of 17,000 companies. In…
Financial investor EQT gives up plans to join Schufa
Schufa headquarters in Wiesbaden EQT has tried so far to build a minority stake of 20 to 25 percent. The Swedes are now abandoning these plans. (Photo: picture alliance /…
Creditreform expects more defaults in private households in 2023
Empty piggy banks Unprecedentedly high energy costs are a burden for private households, some of which have to resort to savings. (Photo: IMAGO/IlluPics) Berlin The number of consumer bankruptcies in…
Creditreform – Payment behavior of German companies is deteriorating
Bad payment practices Regionally, the payment behavior in North Rhine-Westphalia was the worst with 12.3 days late. (Photo: dpa) Berlin The payment behavior of German companies deteriorated significantly in the…
Cooperative banks are considering increasing their stake in Schufa
Schufa Schufa was founded in 1927 as a “protection group for general loan security”. (Photo: dpa) Frankfurt The German cooperative banks are considering taking over further shares in the credit…
Cooperative banks are considering increasing their stake in Schufa
Schufa Schufa was founded in 1927 as a “protection group for general loan security”. (Photo: dpa) Frankfurt The German cooperative banks are considering taking over further shares in the credit…
Deutsche Bank and Commerzbank want to sell shares.
Schufa Schufa was founded in 1927 as a “protection group for general loan security”. (Photo: dpa) Frankfurt Next chapter in the struggle for the credit agency Schufa: Deutsche Bank and…
This is how you can improve your Schufa score
Berlin It is a step that is overdue: after a long period of pressure, Schufa wants to become more transparent and presented its score simulator on Thursday. With the help…
This is how you can improve your Schufa score
Berlin It is a step that is overdue: after a long period of pressure, Schufa wants to become more transparent and presented its score simulator on Thursday. With the help…
EU plans stricter rules for online shopping on credit
Frankfurt, Brussels The EU is striving for stricter rules for mini-loans and buying in installments when shopping online, in technical jargon “buy now, pay later” (BNPL). The consumer credit directive,…
This is how your behavior affects your Schufa score
Dusseldorf If you want to take out a loan or rent an apartment, you can’t get past it: the Schufa. The protection association for general loan security provides its contractual…
Savings banks and comrades want to hold shares
Schufa in Berlin With an annual turnover of more than 200 million euros and an operating margin of almost a third, Schufa is highly profitable. (Photo: dpa) Frankfurt According to…