SCHUFA wants to make the new SCHUFA score understandable and comprehensible for everyone. This is why it is the first credit agency in the world to focus on complete transparency with its new credit score.

With the explanation tool in the new SCHUFA account, SCHUFA is making the formula clear and comprehensible for all consumers. In future, people will be able to calculate the new score themselves using their own data - without any statistical expertise. Consumers can also use their SCHUFA account to view their data stored by SCHUFA digitally and free of charge at any time.

This was made possible by simplifying the complex world of SCHUFA scores, e.g. by reducing the scores and criteria and ensuring that the criteria affect the score in a way that is easy for everyone to understand.