German Credit Agency Plans to Use Social Media Data to Determine Creditworthiness

By Stephen Fuchs on Email @StephenWFuchs

The largest credit agency in Germany, Schufa, announced that it is planning to use data gathered on social media sites to measure the creditworthiness of German citizens. ¬†Germans, who are already known to be very protective of their privacy, have been publicly voicing their concerns over the news, most of …

Stephen Fuchs
Stephen founded German Pulse and LGBT Germany out of a passion to introduce Americans to a Germany that goes beyond beer and polka (although with enough beer he has been known to polka it up a bit). He's a coffee addict, lover of wine and good times, a hit in the kitchen and editor of TV commercials. You can follow him on Twitter (@StephenWFuchs) to find out a lot more.
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