Bonitätsprüfungen

Bonitätsprüfungen, also known as credit checks or solvency checks, are assessments of an individual's or company's ability to meet their financial obligations. These checks are commonly performed by lenders, landlords, and other businesses before entering into contracts involving payment terms, such as loans, rental agreements, or utility services. The primary goal is to evaluate the risk of default.

Information for a Bonitätsprüfung is typically gathered from various sources. This can include financial statements, credit bureau reports which detail past borrowing and repayment history, bank statements, and sometimes even employment verification. Different types of checks exist, ranging from simple inquiries to more in-depth analyses. The outcome of a Bonitätsprüfung influences the decision to extend credit, the terms offered (such as interest rates), and the amount that can be borrowed or leased. A good credit rating generally leads to more favorable terms, while a poor rating may result in denial of service or higher costs.