Free access to Schufa score calculations starting from 2026 onwards

Starting from the first quarter of 2026, consumers in Germany will have access to a revised Schufa score, a crucial benchmark for banks, mail-order companies, and mobile phone providers. This new score is designed to be more transparent and understandable, even to laypeople.

The new Schufa score will replace the previous basic score, which is expected to be phased out by the end of the first quarter of 2026. This score will be available digitally and free of charge to consumers, providing them with an estimate of their creditworthiness.

The new Schufa score is calculated based on a total of twelve criteria, with a sum of 100 to 999 points. These criteria include factors such as credit card and checking account usage, as well as negative entries due to unpaid bills. The revised score is rated on a scale of 100 to 999 points, making it easier for consumers to understand their standing.

The new Schufa score is already being delivered to consumers, with over 70,000 scores having been made so far. Two-thirds of Schufa's largest customers have also agreed on migration plans to the new simplified Schufa score, although specific bank or company names are not disclosed publicly yet.

Consumers can view their Schufa score either in the Schufa app or online. An explanatory tool for consumers will be activated in the first quarter of 2026, further aiding in understanding the new score.

The Schufa score influences how banks, retailers, and providers grant credits or contracts. A poor rating on the Schufa score can make loans more expensive, making it essential for consumers to keep track of their score.

However, the Schufa score calculations are often criticized for being a "black box" due to lack of transparency. To address this concern, the Schufa has assured that even laypeople can calculate the new score with minimal effort.

By the end of the fourth quarter of this year, the revised score is expected to account for approximately ten percent of creditworthiness inquiries. This transition to the new Schufa score marks a significant step towards greater transparency and accessibility in creditworthiness assessments.