Credit Scoring
Credit scoring is the practice of giving individuals a credit worthiness score in order to determine whether to lend them money or extend a post-paid service (such as an electricity contract) to the individual. Consequently, a poor credit score makes it more difficult for an individual to participate in society. Credit scoring is handled very differently throughout the EU. This project seeks to strengthen individuals’ rights surrounding accurate and inaccurate credit scores.
Project lead: Alan Dahi
Relevant articles
Credit agency prohibited from collecting data via access requests and civil registries
Feb 06, 2023 Two years ago, noyb filed a GDPR complaint against credit data broker KSV 1870. The Austrian credit reporting agency was storing unsolicited data from previously unknown individuals.
Illegal credit scores: noyb to amplify pressure
Oct 18, 2021 Diverting direct marketing data to assess creditworthiness is unlawful and needs to stop. noyb filed a complaint against CRIF Bürgel and Acxiom who have been engaging in such practices.
Data voodoo: credit ranking agency CRIF creates credit rating out of thin air
Aug 04, 2021 After about a year, the Austrian Data Protection Authority (DPA) finally issued a decision on our first complaint against the credit ranking agency CRIF.
Illegal data exchange between address publisher and credit ranking agency
Mar 18, 2021 noyb filed a GDPR complaint against the credit ranking agency CRIF GmbH and the address publisher AZ Direct for illegally exchanging data.
Right of access as a data protection boomerang?
Feb 08, 2021 Complaint against data broker KSV 1870. The Austrian credit reference agency stores data from previously unknown individuals who exercise their legal right to access their data.