Construction financing despite a very bad Schufa score

Could it be that you are also listed as an account holder on the joint account? If that is the case, plus the additional checking account, it should lead to a significant deterioration, since "normal" people only need one checking account, possibly it is the same with phone contracts. I have already read about the issue with the checking account in various forums several times.

Hi. Yes, as a joint account.

The Sparkasse still needs 3 documents; once they are received, the final credit check will take place. That will probably be the most critical step...

If that were the case, plus the additional checking account, that should lead to a significant deterioration, since "normal" people only need 1 checking account, maybe it is the same with phone contracts.

I cannot confirm that. I have several checking accounts (salary account, old household money account, one for the company health insurance) and my Schufa score was around 98.7% before my construction loan. Frequent account changes or (too) many credit cards have a much more negative effect.

I have several daily allowance accounts and am at about 99.8%.

Instant access savings accounts have no credit lines, they are pure deposit accounts. I would be surprised if they were listed in the [Schufa] or if an inquiry is made at account opening.

Hello, in case anyone is interested, our financing was approved at Sparkasse Bremen. It was the first and the most favorable bank for us. So, worries were unnecessary.