Finanzierungs-FAQ
Consors Finanz BNP Paribas S.A.
1. Who is Consors Finanz BNP Paribas S.A.
Consors Finanz BNP Paribas S.A. Niederlassung Deutschland is a joint venture of BNP Paribas Personal Finance S.A. and Commerzbank AG. It specialises in financing wishes and realising dreams - countless customers have already benefited from its experience.
Finanzierung
2. Can I revoke the loan agreement?
Yes, you have a 14-day right of cancellation with regard to the purchase contract, which begins at the earliest with receipt of the goods. If you exercise this right, you are no longer bound to the loan agreement. You can also revoke the loan agreement directly, but then you are also no longer bound to the purchase agreement; if you wish to maintain this, please contact us. For more details, please refer to the revocation instructions in the loan agreement.
3. What happens if I have payment difficulties?
Should difficulties arise with the repayment of instalments, please contact Consors Finanz BNP Paribas S.A. immediately on 02 03/34 69 54 02 to find a solution. We recommend that you opt for residual debt insurance when concluding the loan agreement. This way you and your family are on the safe side in the event of unemployment or incapacity to work through no fault of your own and in the event of death. For details, please refer to the general insurance conditions.
4. How will the loan be repaid?
The agreed instalments are conveniently collected monthly by direct debit from your current account.
5. Is the interest rate fixed for the entire term of an installment loan?
Yes, so you can plan the monthly instalments well into your budget.
6. Are unscheduled repayments or full repayment of the loan possible before the end of the agreed term?
Yes. Unscheduled repayments or complete repayment of the loan are possible in accordance with the legal regulations. If you have any questions on this topic, please contact the customer service of our partner bank at 02 03/34 69 54 02.
7. What is the APR?
The APR is a measurement that includes all credit costs that are fixed when the contract is concluded. It is intended to enable you to make a simple comparison with other loans. The costs of residual debt insurance are not included in the APR if it is optional - as it is with us....
8. What is a borrowing rate?
The debit interest rate is the percentage rate by means of which the term-dependent price for the loan is calculated.
9. What is a "pegged", what is a "floating borrowing rate?
A debit interest rate is "tied" if it is fixed for the entire term. This is the case with our instalment loans. With the purchase account, the debit interest depends on the utilisation of the credit line and is therefore "variable".
SCHUFA
10. What is SCHUFA?
The SCHUFA is the German Association for the Protection of General Credit. It stores data on credit applications, borrowing and processing and is subject to data protection regulations. For a fee, the borrower can query his or her personal data stored with SCHUFA. A prerequisite for the granting of credit is your consent to the transmission of data to SCHUFA.
Carefree package/residual debt insurance
11. What is the carefree package (residual debt insurance)?
The Carefree Package consists of a residual debt insurance against various risks. It means relief for you and your dependents in the event of unemployment through no fault of your own, incapacity for work or death. The instalment payment is – guaranteed under certain conditions – during unemployment (limited in time) and incapacity for work (if applicable, after the expiry of certain waiting periods). In the event of death, all remaining instalments will be covered by the insurer, provided that the claim was notified in good time. For details, please refer to the general insurance conditions.
12. Why take out residual debt insurance?
Credit with residual debt insurance means credit with insurance cover. By concluding a credit agreement, you may also have longer-term repayment obligations. Your current situation allows you to take out a loan. But who can look into the future? As long as you are healthy and have a job, you can certainly easily pay the agreed repayment instalments for the loan. But what happens if you become unable to work for a longer period of time due to illness or an accident, lose your job or, in the event of death, your surviving dependents are faced with the repayment obligations? In these cases, residual debt insurance offers protection.
13. How high are the residual debt insurance?
The costs of the residual debt insurance depend on the amount of the loan and are calculated specifically when the loan application is drawn up. Before signing your loan application, you can therefore consider whether the insurance cover is worth the premium shown.
14. How can you imagine the insurance protection of the residual debt insurance?
The residual debt insurance takes over -; taking into account any grace periods and waiting periods -; for the duration of the incapacity to work or, in the case of unemployment through no fault of your own, for a maximum of 12 months, payment in installments or the outstanding balance in the event of death.
15. Can I cancel the residual debt insurance?
You can revoke the residual debt insurance within 30 days (for more information, please refer to the general insurance conditions). If you have decided to take out residual debt insurance, you can waive insurance cover even after the contract has been concluded. The conclusion of the loan agreement is independent of the residual debt insurance.
Legitimation
16. What is a legitimation?
17. Why does a legitimation check have to be carried out?
Like all banks, our partner bank is legally obliged to carry out a legitimation check. This check is also for your own security.
18. What is the Postident procedure?
With the Postident procedure, the legitimation is carried out by an employee of Deutsche Post AG. With the printout of your loan documents and the legitimation information, you will also receive a Postident form. Take this Postident form, your credit documents and your valid passport or identity card to the nearest Deutsche Post AG branch. A postal employee will take care of everything else for you and send your signed loan documents to our partner bank.
19. What is the Consors Finanz Mastercard®?
When taking out financing, you can also use the Consors Finanz Mastercard® receive. The Consors Finanz Mastercard® is a credit card with a credit limit dependent on your creditworthiness. The card is valid worldwide and can be used for your online purchases as well as in retail. Further information on the Consors Finanz Mastercard® get here.
Cash on delivery
Prepayment
Card / Bar
