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Germany Shortens Schufa Negative Entry Storage Time
Starting January 1st, 2025, Germany's Schufa credit agency will reduce the storage time for single overdue payments from 36 to 18 months if the debt is paid within 100 days of a reminder, potentially benefiting approximately 120,000 consumers initially.
Germany Shortens Schufa Negative Entry Storage Time
Starting January 1st, 2025, Germany's Schufa credit agency will reduce the storage time for single overdue payments from 36 to 18 months if the debt is paid within 100 days of a reminder, potentially benefiting approximately 120,000 consumers initially.
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