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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