How do I get funding for MS


Financing process with Consors Finanz

Brief description

Pay quickly and easily in small monthly installments. Simply select the item, go to the checkout and choose the "Financing" payment method. The brokerage is carried out exclusively for the lender BNP Paribas S.A. Branch office Germany, location Munich: Schwanthalerstr. 31, 80336 Munich.

Financing process

You have two options for legitimation and signature:
Completely online (dispatch of goods after successful legitimation) or in writing and via a post office (dispatch of goods after receipt of the documents).

This is how it works:

  1. Apply for funding online: Fill out the application form online.
  2. Legitimation:
    Option 1: Have your identity confirmed conveniently online via video telephony.
    Option 2: Have your identity confirmed by Postident at the nearest post office.
  3. Sign a contract:
    Option 1: Sign the loan agreement online via mTAN (SMS).
    Option 2: Print out the loan agreement, handwrite it and send it in by post.
  4. Looking forward to the delivery: We will deliver the goods you have ordered to you 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 sent immediately.

documents to hand in

The bank needs the following documents:

  • Signed credit agreement (electronically or by post)
  • Last proof of salary / for the self-employed, the last BWA (for a financing amount of € 4,000 or more; in individual cases also for a financing amount of € 4,000 or more)
  • 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 a copy of the ec / Maestro or credit card
  • Apprentices: Copy of a current pay slip and copy of the ec / Maestro or credit card

Requirements for funding

The following requirements with regard to employment / income must be met:

  • You are at least 18 years old
  • The financing amount is between € 250 and € 15,000
    (Note: In theory, financing is already possible from € 54. In this case, you must be able to select a 6-month term.)
  • You are an employee and have been working for your current employer for at least 3 months.
  • Your employment relationship is unlimited for the next 12 months / or you are a pensioner with an unlimited pension / or you have been self-employed for at least twelve months
  • Apprentices must be in their second year of training, with a maximum funding amount of € 1,000
  • You have a regular income of at least € 650 net
  • You do not have a negative Schufa entry

legitimation

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 test is also for your own safety. You have the choice of whether you want the legitimation online via video telephony (with PC, tablet or smartphone) or in the nearest Deutsche Post branch by PostIdent want to perform. The contract can also be signed online with electronic signature done or you sign by hand and Deutsche Post will send the contract by post to us. Please note that sending the contract by post takes a few additional days.

Financing conclusion with PostIdent

Legitimation 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 decide on financing when you go to the checkout. You go through the short online application process from Consors Finanz. After the preliminary credit approval, decide to print out the contract and bring it to the post office.
  • Identify yourself at a post office: Print out your application and read through your documents in peace. Sign the contract in the spaces provided and enclose the documents requested by the bank. Seal the documents in an envelope and bring it to the nearest post office using the Postident form. A Swiss Post employee will confirm your identity using your valid identity card or passport.
  • Look forward to delivery: After Consors Finanz has received the financing application, we will immediately deliver the goods you have ordered (subject to a final positive check after receipt of your documents).

Fully digital financing deal

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 decide on financing when you go to the checkout. You go through the short online application process from Consors Finanz. After the preliminary funding approval, choose the option "Complete online now" to complete the application digitally.
  • Online identification: You can be identified very conveniently with a video call - simply and directly via your browser or via the app. Employees guide you through the process step by step.
  • Digital signature: Following the online identification, you will receive an mTAN by SMS, which you can enter in the field provided for confirmation. The contract is then legally signed and concluded online.
  • Digital account view: This replaces the submission of bank statements and salary slips in paper form. The credit decision and your details are checked with a single look at your (salary) current account. This is how you can prove your regular income. The account view enables us to evaluate the sales data supplied in order to be able to make a credit decision.
  • Look forward to the early delivery: In contrast to the PostIdent procedure, your goods can be sent immediately after the online transaction!

Information on financing

Credit limit with Consors Finanz Mastercard1

We will set up a credit limit for your financing1 with Consors Finanz Mastercard®, on which your financing is booked. With the credit limit, you have an individual, creditworthy-dependent cash reserve of up to € 15,000 available, which you can fully or partially use. For easy use of your credit limit, you will receive the Consors Finanz Mastercard®, which is permanently without an annual fee. Setting up the credit limit with your individual cash reserve does not cost you anything. Costs only arise when you make use of the credit limit. The interest accruing can be found in your loan agreement.

1) Credit line dependent on creditworthiness; Net loan amount up to € 15,000; Contract duration for an indefinite period. In addition to the installment payment card function, the credit line can optionally be used in the one-time payment card function. For further details on the credit line, please refer to your credit agreement.

Installment payment card function: Debit interest rate p.a. for certain dispositions and periods according to individual agreements; Otherwise applicable variable borrowing rate (annually) of 14.84%, (15.90% effective annual interest rate). Desired rate: 2.5% to 10% of the highest utilization of the credit line, rounded to a full € 100, selectable, at least € 9 / month.

One-time payment card function: In the one-time payment card function, you can use the Mastercard® to make purchases over the credit limit, which are repaid quarterly. These dispositions are interest-free if they are repaid in full on the agreed due date; otherwise, they are to be repaid from the due date with interest at the conditions of the installment card function.

Information is also a representative example in accordance with Section 6a (4) PAngV.

Consors Finanz Mastercard®

The Consors Finanz Mastercard® is the key to your financial resources in your financing1 always with you so that you can dispose of your individual cash reserve. With the Consors Finanz Mastercard you can shop in the store or online, withdraw money worldwide2 or on your
Transfer current account. In addition, it is permanent with no annual fee and you benefit from numerous other advantages. And with the free online banking and mobile banking app from Consors Finanz, you always have full control over your credit limit.

1) Credit line dependent on creditworthiness; Net loan amount up to € 15,000; Contract duration for an indefinite period. In addition to the installment payment card function, the credit line can optionally be used in the one-time payment card function. For further details on the credit line, please refer to your credit agreement.

Installment payment card function: Debit interest rate p.a. for certain dispositions and periods according to individual agreements; Otherwise applicable variable borrowing rate (annually) of 14.84%, (15.90% effective annual interest rate). Desired rate: 2.5% to 10% of the highest utilization of the credit line, rounded to a full € 100, selectable, at least € 9 / month.

One-time payment card function: In the one-time payment card function, you can use the Mastercard® to make purchases over the credit limit, which must be repaid quarterly. These dispositions are free of interest if they are repaid in full on the agreed due date; otherwise, they are to be repaid from the due date with interest at the conditions of the installment card function.

Information is also a representative example in accordance with Section 6a (4) PAngV.

2) Does not apply to states or regions that appear on international and / or US sanctions lists. You can find more detailed information here.

Consors Finanz Online and Mobile Banking

With the free online banking and mobile banking app from Consors Finanz, you can keep an eye on your sales anytime, anywhere. Your current account balance, your unused cash reserve and all transactions are displayed in real time. In addition, you can easily and flexibly control your credit limit yourself with Consors Finanz Mastercard®, e.g. adjust the desired monthly rate or set the desired repayment function.

Consors Finanz customer service

If you have any questions about the credit limit or the Consors Finanz Mastercard®, please contact Consors Finanz customer service:

Tel .: 02 03/34 69 54 02
Mon - Fri: 8:30 a.m. - 8:00 p.m., Sat: 9:00 a.m. - 4:00 p.m.
(0.14 € / min. From the German landline network, mobile phone max. 0.42 € / min.)
Email: [email protected] or [email protected]