EU Court of Justice · 7 December 2023
SCHUFA Holding (Scoring)
In plain English
A credit agency's automated score is itself an automated decision under GDPR Article 22 when a lender or other business relies heavily on it to decide whether to enter into, carry out or end a contract with the person.
What the court ruled
the automated establishment, by a credit information agency, of a probability value … concerning his or her ability to meet payment commitments in the future constitutes ‘automated individual decision-making’ … where a third party, to which that probability value is transmitted, draws strongly on that probability value to establish, implement or terminate a contractual relationship with that person.
Related
The official text is quoted word for word from the English version of the source named under it; only the version published in the court’s own records is authoritative. The plain-English line is Fino’s own summary, not legal advice.