Can I repay a Consors Finanz loan early?

Yes, any of its contracts, in part or in full, under § 500 paragraph 2 BGB. For a Ratenkredit you use the forms “Sonderzahlung” or “Komplette Rückzahlung” in the Hilfe-Center, for the card and store financing you transfer to the card account.

Does Consors Finanz charge an early repayment fee?

Not on the Mastercard or store financing, where Consors Finanz calls extra payments and full repayment free. On a fixed-rate Ratenkredit, § 502 BGB allows at most 1 percent of the amount repaid early, or 0.5 percent with a year or less remaining. Whether Consors Finanz charges it is in your loan agreement.

How do I get the settlement figure from Consors Finanz?

For a Ratenkredit, through the form “Komplette Rückzahlung” in the Hilfe-Center, giving the day you want to pay. Online banking does not show a loan balance. For the card and store financing, online banking shows the current balance.

Does an extra payment shorten the term or lower the instalment?

On a Ratenkredit, Consors Finanz says it shortens the term. A lower instalment is a separate plan change with a fee in the price list. On the card you choose the instalment yourself.

How do I pay off Consors Finanz store financing early?

Transfer to your card account, using the IBAN at the top right of the statement. Consors Finanz says you can repay the whole balance at any time, free of charge. Money that arrives before the 20th counts in that month’s statement.

Does switching the Consors Finanz Mastercard to Einmalzahlung stop the interest?

Only for new purchases. The balance already on the card stays on Ratenzahlung and keeps carrying interest, Consors Finanz says, until you pay it down with a higher instalment or extra payments.

Paying off Consors Finanz early: loan, store financing and Mastercard

Every Consors Finanz credit can be repaid early, and the route and the cost depend on whether you hold an instalment loan with a fixed term or a credit line attached to a Mastercard.

By Deniz Erginos. Updated 12/10/2026

The lender behind Consors Finanz is BNP Paribas S.A. Niederlassung Deutschland, the German branch of BNP Paribas. Its website and forms are in German, so this guide uses the German names you will see there.

Three contracts under one name

Ratenkredit: The Online-Kredit or Top-Kredit, an instalment loan: a fixed sum, fixed monthly instalments, a fixed term. Consors Finanz states that the borrowing rate is fixed for the whole term.
Finanzierung im Handel: Financing signed at a partner shop or online store. Consors Finanz books the purchase on a credit line, a Verfügungsrahmen, and gives you a Mastercard with it. A separate rate can apply to certain purchases and periods.
Mastercard on Ratenzahlung: A credit line with no end date and a variable borrowing rate, set to Ratenzahlung by default. The balance stays on the card and is repaid in monthly instalments. This is the card’s revolving mode, often called Teilzahlung in German.

Online-Kredit, Consors FinanzIn German. Under “Fragen & Antworten”, the answer to “Wie flexibel bin ich bei der Rückzahlung?” says you can repay early at any time or shorten the term with extra payments. Footnote 1 states the fixed rate and names the lender.

Top-Kredit, Consors FinanzIn German. The footnote under “Hinweise” gives a borrowing rate fixed for the whole term for this loan too.

Finanzierung im Handel und Online-Shop, Consors FinanzIn German. “So einfach funktioniert die Finanzierung” describes the credit line, the booking and the Mastercard. Footnote 1 gives the open-ended term and the separate rate for certain purchases and periods, footnote 3 the default of Ratenzahlung.

Ratenkredit: extra payment or full repayment

Consors Finanz says you can repay the Online-Kredit early at any time or shorten its term with extra payments (Sonderzahlungen), and § 500 paragraph 2 of the German Civil Code (BGB) gives you that right for every consumer loan. You ask through contact forms in the Hilfe-Center (help centre), linked from the help page for your loan under “Früher schuldenfrei”. According to Consors Finanz, online banking shows only the amount drawn on your card, not a loan balance.

For the current balance, use “Kontostand anfragen”. Consors Finanz says the answer comes within a few working days.
To clear the loan, fill in “Komplette Rückzahlung” with the day you want to pay and ask for the settlement figure (Ablösebetrag) for exactly that day.
For a part payment, use “Sonderzahlung”.
Transfer only once you have the figure, and keep the confirmation that the contract is closed.

The Ablösebetrag is the remaining principal, the interest up to the settlement day and, if the contract provides for one, the early repayment compensation. A Zins- und Tilgungsplan shows how much of each instalment is interest and how much is Tilgung, the part that reduces the debt, and you can ask for one at any time under § 492 paragraph 3 BGB. Consors Finanz sends it by post and refers to its price list for any fee.

Ihr Kredit bei Consors Finanz, Consors FinanzThe help page for the instalment loan, in German. Under “Früher schuldenfrei” the links “Sonderzahlung tätigen” and “Komplette Rückzahlung” lead to the forms, with the loan statement and repayment schedule above.

Komplette Rückzahlung, Consors FinanzIn German. The contact form “Kreditvertrag vorzeitig beenden” for paying a loan off in full, with links to the forms for an extra payment and the balance.

Kontostand anfragen, Consors FinanzIn German. Under “Für Ihren Kreditvertrag” Consors Finanz says it sends the balance of a running loan within a few working days.

Fragen zum Kreditvertrag, Consors FinanzIn German. The answer to “Kann ich den Saldo meines Kredits im Online-Banking sehen?” says online banking only shows the amount drawn on the card.

Zins- und Tilgungsplan anfordern, Consors FinanzIn German. Consors Finanz posts the schedule, only for a fixed term, split into interest and principal, and refers to its price list for a fee.

§ 492 BGB, Gesetze im InternetThe official German wording on the content of a consumer loan agreement. Paragraph 3 sentence 2 lets you ask for a repayment schedule at any time on a loan with a set repayment date.

What paying off a Ratenkredit costs

The saving is in the interest. Under § 501 BGB the total cost falls by the interest and charges of the term you no longer use, and in proportion for an extra payment.

Against that may stand a Vorfälligkeitsentschädigung, compensation for early repayment. § 502 paragraph 1 BGB allows it only where a fixed borrowing rate was agreed when the contract was signed, and a Consors Finanz Ratenkredit has one. Whether Consors Finanz charges it is stated neither on its Online-Kredit page nor on the help page for loans, so your contract decides. A lender that intends to claim it must set out the calculation method under Article 247 § 7 paragraph 1 number 3 of the Introductory Act to the Civil Code (EGBGB), and where that information is insufficient, § 502 paragraph 2 number 2 BGB rules the claim out.

For a general consumer loan like this one, § 502 paragraph 3 BGB caps the compensation twice: at 1 percent of the amount repaid early, or 0.5 percent when no more than a year remains until the agreed repayment, and in every case at the interest that would have been due over that period.

§ 500 BGB, Gesetze im InternetThe official German wording on early repayment. Paragraph 2 sentence 1 carries the right to settle a consumer loan early at any time, in part or in full.

§ 501 BGB, Gesetze im InternetThe official German wording on the cost reduction. Paragraph 1 cuts the total cost by the interest and charges of the remaining term.

§ 502 BGB, Gesetze im InternetThe official German wording on early repayment compensation. Paragraph 1 ties it to a fixed rate, paragraph 2 number 2 excludes it where the contract information is insufficient, paragraph 3 holds the ceilings.

Article 247 § 7 EGBGB, Gesetze im InternetThe official German wording on further contract information. Paragraph 1 number 3 requires the calculation method of the compensation where the lender intends to claim it.

Mastercard: getting out of Ratenzahlung

On Ratenzahlung the balance carries the variable rate in your agreement. Consors Finanz says the monthly instalment is never lower than the month’s interest plus the premium of any payment protection insurance (Restschuldversicherung) you hold, so an instalment close to that floor repays very little.

Raise the instalment: in online banking go to “Meine Karte”, “Rückzahlung”, “In Raten zahlen” and “Saldo & Raten”, or use the banking app. The instalment you choose has an upper limit.
Transfer an extra payment: to the IBAN at the top right of your statement, or to the collection account given in the Hilfe-Center with your contract number as the reference. Consors Finanz says this is free at any time, for the whole balance too.
Put new purchases on Einmalzahlung (pay in full): they stay interest-free as long as you pay them in full by the due date.

Consors Finanz charges interest day by day and closes the statement on the 20th of each month, or the working day before when that is a weekend or holiday. An extra payment lowers the interest from the day it arrives, but one that arrives after the 20th shows up only in the next statement. If an instalment is still debited afterwards, Consors Finanz asks you not to reverse the direct debit.

Ihre Consors Finanz Mastercard, Consors FinanzThe help page for the card, in German. “Rückzahlungsarten verwalten” lists the repayment modes, the instalment change in the app, extra payments and full repayment as free at any time, the statement IBAN and the collection account. Footnote 3 describes the floor of the instalment.

Online-Banking, Consors FinanzIn German. “Meine Raten? Voll flexibel!” gives the path to the instalment through “Meine Karte”, “Rückzahlung”, “In Raten zahlen” and “Saldo & Raten”.

Ratenzahlung oder Einmalzahlung, Consors FinanzIn German. On a switch to Einmalzahlung every existing loan stays on Ratenzahlung. Footnote 1 excludes cash withdrawals, CashClick and CashCall.

Finanzierung im Handel und Online-Shop, Consors FinanzIn German. “Fragen und Antworten” gives the range for the chosen instalment. Footnote 3 covers an Einmalzahlung left unpaid on the due date and full repayment at any time in either mode.

Fragen und Antworten zum Kontoauszug, Consors FinanzThe statement FAQ, in German. “Überweisung auf das Kartenkonto” and “Abrechnungszeitraum / Abrechnungsstichtag” give the IBAN, the closing date on the 20th and the request not to reverse a debit, “Monatliche Zinsen” the daily interest.

Paying off store financing early

If you financed a purchase at a partner shop, the contract runs through your Consors Finanz Mastercard, Consors Finanz says, and everything above on the card applies. On its help page for financing customers it calls extra payments and full repayment free at any time, by transfer to the card account.

If a Ratenplan was agreed for the purchase, Consors Finanz says it is repaid in fixed instalments whether or not you keep using the card. Later spending runs separately at the minimum instalment and may carry a different rate.

Ihre Finanzierung mit Consors Finanz, Consors FinanzThe help page for financing customers, in German. “Warum erhalten Sie eine Consors Finanz Mastercard?” says the contract runs through the card, “Rückzahlungsarten verwalten” that extra payments and full repayment are free at any time.

Fragen und Antworten zum Kontoauszug, Consors FinanzIn German. “Ratenplan Verfügungen” says a Ratenplan is repaid regardless of further card use, and that later spending runs at the minimum instalment and may carry a different rate.

Article 247 § 3 EGBGB, Gesetze im InternetThe official German wording on pre-contractual information. Paragraph 4 sentence 4 requires the order in which instalments repay debts at different rates.

When an instalment cannot be collected

First comes a payment reminder with a new deadline, then two formal reminders (Mahnungen), each with a fee.
Default interest runs from the date of default, five percentage points above the base rate under § 497 and § 288 BGB.
Under § 498 BGB, Consors Finanz can only demand the whole balance of a loan repaid in instalments once at least two consecutive instalments are in arrears, reaching a statutory share of the nominal loan, and a two-week deadline has passed without payment.
Consors Finanz says a payment break or deferral (Ratenaussetzung, Stundung) is possible after a phone call. Its price list sets a fee for moving or lowering an instalment and other plan changes.

Ihr Kredit bei Consors Finanz, Consors FinanzIn German. “Was passiert, wenn die Zahlung auf sich warten lässt?” covers the payment reminder, the two formal reminders and their fee, with the Raten-Wecker above.

Ich kann meine Rate nicht zahlen, Consors FinanzIn German. Under “Häufig gestellte Fragen” Consors Finanz confirms that a payment break or deferral is possible after a phone call.

Preis- und Leistungsverzeichnis, Consors FinanzThe price list, in German. “Zahlungsplanänderungen im Kreditgeschäft” sets the fees for moving an instalment, changing the due date and other changes such as a lower instalment.

§ 288 BGB, Gesetze im InternetThe official German wording on default interest. Paragraph 1 sentence 2 sets it at five percentage points above the base rate.

§ 497 BGB, Gesetze im InternetThe official German wording on a borrower’s default. Paragraph 1 refers to § 288 paragraph 1.

§ 498 BGB, Gesetze im InternetThe official German wording on calling in a loan repaid in instalments. Paragraph 1 sets the conditions for termination over arrears.

Which contract first

With more than one contract running, anything overdue comes first, then the contract with the highest annual percentage rate (effektiver Jahreszins) in your papers. A financing agreed at zero interest comes last while its period runs.

When a counselling service is the better call

The app answers how long it takes. When the instalments together are more than what is left at the end of the month, a debt counselling service (Schuldnerberatung) can help. It can negotiate with your creditors, free of charge and bound by confidentiality.

Find a counselling centre, BAG-SBThe German federal association for debt counselling runs the directory of recognised centres. Advice there is free of charge.

Online debt counselling, CaritasFree and anonymous, without visiting an office. The answer comes in writing from a counsellor.

The app

In the app each contract becomes a pad with one sheet per month, and on top sits the day the last one ends. Record an extra payment and it takes sheets off, and you see how many days sooner you are done. Everything stays on the phone, with no account and no bank connection.

Get it on the App Store Get it on Google Play

Common questions

Can I repay a Consors Finanz loan early?: Yes, any of its contracts, in part or in full, under § 500 paragraph 2 BGB. For a Ratenkredit you use the forms “Sonderzahlung” or “Komplette Rückzahlung” in the Hilfe-Center, for the card and store financing you transfer to the card account.
Does Consors Finanz charge an early repayment fee?: Not on the Mastercard or store financing, where Consors Finanz calls extra payments and full repayment free. On a fixed-rate Ratenkredit, § 502 BGB allows at most 1 percent of the amount repaid early, or 0.5 percent with a year or less remaining. Whether Consors Finanz charges it is in your loan agreement.
How do I get the settlement figure from Consors Finanz?: For a Ratenkredit, through the form “Komplette Rückzahlung” in the Hilfe-Center, giving the day you want to pay. Online banking does not show a loan balance. For the card and store financing, online banking shows the current balance.
Does an extra payment shorten the term or lower the instalment?: On a Ratenkredit, Consors Finanz says it shortens the term. A lower instalment is a separate plan change with a fee in the price list. On the card you choose the instalment yourself.
How do I pay off Consors Finanz store financing early?: Transfer to your card account, using the IBAN at the top right of the statement. Consors Finanz says you can repay the whole balance at any time, free of charge. Money that arrives before the 20th counts in that month’s statement.
Does switching the Consors Finanz Mastercard to Einmalzahlung stop the interest?: Only for new purchases. The balance already on the card stays on Ratenzahlung and keeps carrying interest, Consors Finanz says, until you pay it down with a higher instalment or extra payments.