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Anon on credit scores (sh.itjust.works)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 91 points 1 year ago (5 children)

usually I love to shit on muricans, But Germany has something similar. A private company called "Schufa". This private company secretly calculates your credit score (no one knows realy how they calculate it) which determines if you get an apartment (for rent) or not. Living in the wrong street already kills your credit score here.

If the Schufa doesnt have information about you, it counts as negative.

[–] [email protected] 56 points 1 year ago* (last edited 1 year ago)

As someone, who loves dunking on the Schufa, as any good German should. The Schufa-Score isn't nearly as insane as some American credit score systems. Having an registered checkingsaccount & no outstanding bills or debt payments is enough data to have a high score.

You don't need to repay debt to show, that you are able to.

[–] [email protected] 31 points 1 year ago* (last edited 1 year ago) (1 children)

Credit scores are the West's social credit system.

If we value our freedom from a controlling, oppressive system, then we should penalize the creation, selling, buying and usage of credit score data. And we should keep on top of it to include any emerging attempts to re-establish an equivalent system.

[–] [email protected] 11 points 1 year ago

I wish we Americans had more backbone to push back on corporate enshitification in general.

[–] [email protected] 1 points 1 year ago (1 children)

Living on the wrong street? What does that entail?

[–] [email protected] 4 points 1 year ago

Drug dealing, wrong skin colored neighbors, rabid squirrels stealing food from your kitchen... you know "the wrong street".

[–] [email protected] -3 points 1 year ago (1 children)

TIL there are streets in Germany one can be homeless in, and it doesn't affect your credit score.

(I'm joking about your usage of "in" as opposed to "on", immediately following talking about not getting a place to live)

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (1 children)

Huh?

I was saying that renting an apartment in the wrong street is a factor for a bad credit score here in Germany.

Edit: you can't move into another apartment with a bad creditscore

[–] [email protected] 2 points 1 year ago

I think they were making a grammatische joke.