When you apply for a loan, Banxware does not report directly to SCHUFA. However, it’s important to note that SCHUFA may still be able to see that your credit score was accessed as a result of your loan application.
This means that while the loan itself won’t be reported, the loan inquiry will be visible in your SCHUFA records. Keep in mind that a loan inquiry does not necessarily impact your score negatively, but it can be visible to other lenders or financial institutions when they check your credit history.