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German Federal Court of Justice Examines Schufa's Obligation to Disclose Scoring Algorithm under GDPR (heise.de)

· 39d ago · Report · Spotlight this ·
0xBASE INTEL BRIEF
  • BGH hears appeal on Schufa's GDPR transparency obligations for credit scoring.
  • Plaintiffs seek detailed explanation of scoring logic and factor weights.
  • New Schufa score and upcoming legal reform increase transparency regardless of ruling.

"The German Federal Court of Justice (BGH) is reviewing whether credit agency Schufa must provide consumers with more detailed information on how their credit score is calculated, based on GDPR transparency requirements."

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