Founded in 1927, SCHUFA (Schutzgemeinschaft für allgemeine Kreditsicherung) is a private German credit information company that serves as the country's primary credit bureau. Its core business is to provide its partners—including banks, telecommunication companies, and retailers—with reliable information on the creditworthiness of consumers and businesses to protect them from credit risks. SCHUFA holds data on over 68 million individuals and 6 million companies in Germany, using this information to calculate credit scores that help lenders make informed decisions about loans, contracts, and credit. The company's mission is to create trust between business partners and enable secure and efficient transactions.

Founded in

Germany