Financing

Pay quickly and easily in small monthly installments. Simply select the item, go to the checkout and select the “Financing” payment method. Financing is arranged exclusively for the lender BNP Paribas S.A. Niederlassung Deutschland, Rüdesheimer Straße 1, 80686 Munich.

Financing process

You have two options for legitimizing and signing: Completely online (with immediate dispatch of goods) or in writing and via a post office branch (dispatch of goods after receipt of documents).

This is how it works:

• Apply for financing online: fill out the application form online.
• Legitimization:
  
  1. Option: Have your identity confirmed conveniently online using WebID Video Ident or WebID Account Ident. With Video Ident, you go through a video call with a WebID agent. With Account Ident, you take a photo of your ID document and your face and then log in to your online banking.
  2. Option: Have your identity confirmed at the nearest post office using Postident.
• Sign the contract:
  
  1. Option: With Video Ident and Konto Ident, you can sign the loan agreement online using mTAN (SMS).
  2. Option: Print out the credit agreement, sign it by hand and send it in by post.
• Look forward to delivery: We will deliver your ordered goods to you immediately as soon as your financing application has been received by our partner bank (subject to a final positive check after receipt of your application). If you have submitted the application online, the goods can be dispatched immediately.

Documents to be submitted

The bank requires the following documents:

• signed loan agreement (electronically or by post)
• last proof of salary/for self-employed persons the last BWA (for a financing amount of € 4,000 or more; in individual cases also below a financing amount of € 4,000)
• a copy of the residence permit for citizens of countries outside the EU
• Students: Copy of a valid student ID or certificate of enrollment for the current semester and copy of EC/Maestro or credit card
• Trainees: Copy of a current payslip and copy of the debit/maestro or credit card

Requirements for financing

The following employment/income requirements must be met:

• You are at least 18 years old
• Financing amount from 100 €
• You have a regular income of at least €538 net
• You are an employee and have been working for your current employer for at least 3 months.
• Your employment contract is indefinite for the next 12 months/or you are a pensioner with an indefinite pension/or you have been self-employed for at least 24 months
• You do not have a negative Schufa entry
• Housewives/husbands can also finance as long as they generate their own income (e.g. by renting).

Legitimization

Like all banks, Consors Finanz is legally obliged to carry out a legitimation check. The identity of all new customers is checked before a loan is granted. This check is also for your own security. You can choose whether you want to carry out the legitimation online using the Video Ident procedure, the Account Ident procedure (with PC, tablet or smartphone) or at the nearest Deutsche Post branch using PostIdent. The contract can also be signed either online with an electronic signature or you can sign by hand and send the contract to Consors Finanz. An address sheet for returning your documents free of charge is enclosed with the loan agreement. Please note that sending the contract by post will take a few extra days.

Please note that provisionally issued German identity cards are not accepted as proof of identity.

Fully digital financing conclusion:

Fully digital financing conclusion - this is how it works:

• Decide on the “Financing” payment method: after you have placed your goods in the shopping cart, you can opt for financing when you go to the checkout. You go through the short online application process from Consors Finanz. After preliminary financing approval, choose the “Complete online now” option to complete the application digitally.
• Online identification: You can identify yourself conveniently with a video call, the so-called Video Ident - simply and directly via your browser or app. Employees will guide you through the process step by step. With Account Ident, you take a photo of your ID document and your face. You then log in to your online banking.
• Digital signature: Following online identification, you will receive an mTAN by text message, which you enter in the field provided for confirmation
• You can look forward to delivery soon: unlike the PostIdent process, your goods can be dispatched immediately after online completion!

Financing conclusion with PostIdent

Legitimization with PostIdent - this is how it works:

• Decide on the “Financing” payment method: after you have placed your goods in the shopping cart, you can opt for financing when you go to the checkout. You go through the short online application process from Consors Finanz. After preliminary credit approval, decide to print out the contract and take it to the post office.
• Identify yourself at a post office: Print out your application and read through your documents at your leisure. Sign the contract in the spaces provided and enclose the documents required by the bank. Seal the documents in an envelope and take it with the Postident form to the nearest post office. A Post Office employee will confirm your identity using your valid identity card or passport. Please note that you must send your signed loan agreement to Consors Finanz by post yourself. An address sheet for returning your documents free of charge is enclosed with the credit agreement.
• Look forward to delivery: Once Consors Finanz has received your financing application, we will deliver the goods you have ordered to you without delay (subject to a final positive check after receipt of your documents).