Another type of lettering is speed class. There are maps here C and u as a symbol. There is a number in the letter that indicates the minimum writing speed. The same goes for the U, but here you need to multiply the number by ten:

• C10 then stands for ten MB/s
• u1 also stands for ten MB/s

Usually both symbols are given together, but is C obsolete and will become complete over time u superseded.

The last category of speed label is UHS or. Ultra high speed. It indicates the maximum writing speed and is given with Roman numerals and is divided up as follows:

• UHS-I: 104MB/s
• UHS– II: 312MB/s
• UHS– III: 624 MB/s, which roughly matches the transfer speed of modern SSD hard drives.

Last but not least, there is the premier class EX. This achieves a transmission speed of up to one terabyte per second thanks to the support of the PCIe bus.

At the European Court of Justice (ECJ), the responsible attorney general in two Schufa cases from Germany was very critical of the practice in mid-March: The discharge of residual debt should enable those affected to participate in economic life again – but this is thwarted by the long storage . The judgment of the ECJ judges could also turn out differently. However, they often agree with the Advocate General’s assessment.

Against this background, the Federal Court of Justice (BGH) temporarily suspended the proceedings in a model case from Schleswig-Holstein that had been heard in Karlsruhe in February.

A man who had gone through insolvency proceedings for his private assets after a failed self-employment and wanted the Schufa to delete this information about him had complained. He can therefore not take out a loan, rent a new apartment and not even open a bank account.

A whole series of similar proceedings are pending at the BGH, as the presiding judge Stephan Seiters said at the announcement. The fundamental concerns of the ECJ Advocate General had encouraged his Senate that it made more sense to first wait for the Luxembourg decision before making a judgment of one’s own.

Immediately afterwards, the Schufa drew the consequences: “We will delete all entries for a residual debt exemption that have been stored for more than six months as of the key date March 28, 2023, as well as all associated debts after six months retrospectively to this date,” means it in a message. “This deletion takes place automatically, consumers do not have to worry about it.” The technical implementation will take about four weeks.

At the hearing in February, the Schufa explained that the shortened storage period meant that “highly relevant information for a comprehensive assessment of the creditworthiness of people” was no longer available. The company has now announced that there are “no fundamental effects on the way the score is calculated and the quality of the procedure”. “Nevertheless, the individual payment default risk for the requesting company increases, since the creditworthiness of a customer cannot be fully assessed.” The “individual personal risk of renewed over-indebtedness” is also increasing.

According to the latest figures from the Federal Statistical Office, around 78,600 consumer insolvency proceedings were opened in 2021. The credit agency Crif counted more than 96,200 private insolvencies in 2022. According to Crif, it is not necessarily about very large sums: the majority of those affected have debts of just under 10,000 euros, the average amount is currently less than 18,000 euros.