this post was submitted on 07 Dec 2023
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[–] SnuggleSnail@ani.social 2 points 8 months ago (2 children)

Die haben halt keine Schufa. Dank Schufa müssen wir keine Kreditkarten haben um uns irgendwann einen Baukredit leisten zu können. Das hat schon seinen Vorteil!

[–] NegentropicBoy@lemmy.world 1 points 8 months ago (1 children)
[–] SnuggleSnail@ani.social 2 points 8 months ago

We tend to complain a lot about them. But compared to the US (and I don’t know any other system than US and Germany) it’s far better.

If you don’t take any loans your score gets better and better. If you take out a big loan it is at first negative, but after paying it off it may be even positive.

My mother never took out a load in her life and has almost a perfect score.

In the US you get rewarded for making credit card dept and paying off interest. That is actually a stupid way to handle money. In Germany you get rewarded if you save first and then spend your money.

The problems lie in the details. If you move to a poor neighbourhood your score drops. That is utterly stupid!