Loan rejected because of Schufa? Here is what you can do
A rejected loan is annoying, especially when a Schufa entry you knew nothing about is to blame. You have the right to learn what is stored about you and can act against incorrect entries.
Reach your next steps and the matching ready-made texts in just a few minutes, free of charge:
Request your self-disclosure →Your chances of getting your money back
What you should do now
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1. Request the data copy
Request the free data copy (Art. 15 DSGVO) from the credit agency.
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2. Check the entries
Review all entries for accuracy and currency.
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3. Have incorrect ones deleted
Demand the correction/deletion of incorrect or outdated entries.
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4. Improve your score
Have settled debts confirmed and reduce unnecessary accounts/inquiries.
Frequently asked questions
How do I find out why my loan was rejected?
Request a free copy of your stored data from the credit agency (e.g. Schufa) (data copy under Art. 15 DSGVO). There you see which entries and which score exist. On this basis you can check whether incorrect or outdated information caused the rejection.
Can I have incorrect Schufa entries deleted?
Yes. You do not have to accept incorrect, outdated, or impermissible entries; you can demand their correction or deletion. In addition, settled claims and certain entries must be deleted after set periods. That can improve your score and make future loan applications easier.
Take action now
We put together the ready-made texts and the right places to contact for you.
General information for self-help, not legal advice (RDG). In case of a high loss or uncertainty: contact a consumer advice center or a lawyer.