Consors Finanz review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Consors Finanz gives German salaried workers a fixed-rate loan from a bank rather than a broker, and the price sits at 3.49%. The tradeoff is the hard credit check and an employment requirement that excludes self-employed applicants.

Key facts

Best for
Salaried German workers wanting a fixed-rate loan from the lender itself.
APR
3.49% (Source, checked September 26, 2026)
Loan amount
€1,500 to €80,000 (Source, checked September 26, 2026)
Term
6 to 120 months (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
disbursed within 24 hours after documents received and positive check (Source, checked September 26, 2026)
Representative example
EUR 10,000 net loan, effective annual rate 8.89%, nominal rate 8.55% fixed for the whole term, monthly instalment 315.89 €, term 36 months, total 11,372.04 € (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
18+ with fixed residence in Germany, regular income from non-self-employed work, at least three months with current employer (Source, checked September 26, 2026)
Loan types
Personal, Debt-consolidation, Credit-line, Car (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
BNP Paribas S.A. Niederlassung Deutschland (Source, checked September 26, 2026)
Headquarters
Germany (Source, checked September 26, 2026)
Founded
2001 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding, Credit line
Official website
consorsfinanz.de

Mortgages

Purpose
Purchase, Remortgage, Home-equity (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
BNP Paribas S.A. Niederlassung Deutschland (Source, checked September 26, 2026)
Headquarters
Germany (Source, checked September 26, 2026)
Founded
2001 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataWikipediaLinkedIn

Pros and cons

Pros

  • Lends directly as direct lender, so the rate is set by the bank rather than passed on by a broker
  • Headline rate of 3.49% sits well under the site median of 12%
  • Free early repayment, so paying the loan down early costs nothing extra
  • Disbursement within a day of receiving documents and a positive check
  • A credit line as well as a fixed-rate instalment loan, with terms of 6 to 120

Cons

  • A hard credit check, against 20.4% for a soft prequalification on much of the site
  • Repayment amounts are fixed for the whole term, so there is no variable option if rates fall elsewhere
  • Eligibility needs regular income from non-self-employed work and a minimum time with the current employer
  • The headline rate of 3.49% is not what a typical borrower pays: the representative example runs at a higher effective rate
Consors Finanz

Ready to try Consors Finanz?

Scored 9.2 / 10 by BorrowCue.

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Who it suits

  • Adults living in Germany with regular income from non-self-employed work
  • Borrowers who want a fixed instalment they can repay early at no cost
  • Anyone who prefers dealing with the bank that lends the money rather than a broker

Who should look elsewhere

  • Self-employed applicants, who are outside the stated eligibility
  • Borrowers with a thin credit file, since the check is hard
  • Shoppers who need a variable rate, because only fixed pricing is offered

Regulation

Consors Finanz operates as direct lender, so the contract is with the lender rather than a broker or marketplace. The German arm is entered in the commercial register as HRB Muenchen 240860, and the parent entity appears in the French register as R.C.S. Paris 662 042 449. Both registrations appear in the same set of details, which is a useful cross-check on who is actually behind the loan. Being a direct lender also means the approval decision, the rate and the terms are all made in one place rather than passed through a third party.

Where it sits among rivals

Against the wider market, the loan amount is unremarkable: Consors Finanz ranks 238 of 685 brands on how much it will lend, so the ceiling is high but not unusual. The rate tells a different story. Consors Finanz ranks 48 of 350 brands on the annual percentage rate, a far better placing than its position on size. The pair of figures points to a lender that competes on price for a standard size of borrowing rather than on offering the biggest cheque.

Rates and costs

The headline annual percentage rate is 3.49%. The representative example shows what a typical borrower actually pays: a loan at an effective annual rate above the headline figure, repaid with a fixed nominal rate held for the whole term, through monthly instalments over a term of 6 to 120. Early repayment is free, so someone whose finances improve can clear the balance without a charge. The gap between the headline rate and the effective rate in the example is the number to read before applying, not the figure in the headline.

Safety and regulation

The money is advanced by a direct lender rather than a broker, and the lender is a bank rather than an intermediary, which is the part of the setup that matters for safety. The German business is registered at HRB Muenchen 240860, and the parent is registered at R.C.S. Paris 662 042 449. Both entries sit in the same legal details, so the entity behind the loan can be checked on paper. The representative example is the clearest sign of a lender used to publishing full borrowing costs, since it gives the rate, the instalment and the total repaid.

Applying and getting the money

The money is released within a day of the lender receiving the documents and a positive check, so the wait is measured in hours rather than weeks once an application is approved. The amount available runs €1,500 to €80,000, which covers both a small repair and a large renovation or vehicle purchase, and the term runs 6 to 120, so the repayment can be spread over years. A credit line is also available, which lets a borrower draw in stages rather than take the full sum up front.

Who runs it

The contracting entity is BNP Paribas S.A. Niederlassung Deutschland, a branch of a larger bank, based in Germany. The business dates back to 2001, which is long enough to have a settled record rather than a recent launch. Support runs on email, phone and help centre, so questions about an application can go to a person by phone or in writing. The same legal details carry the register entries at HRB Muenchen 240860 and R.C.S. Paris 662 042 449.

How Consors Finanz compares

Where Consors Finanz is available

Available
France, Germany
Licence in Germany
Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin), checked September 26, 2026
Licence in Germany
Europaeische Zentralbank (EZB), checked September 26, 2026
Licence in Germany
Registergericht Muenchen (Handelsregister) (HRB Muenchen 240860), checked September 26, 2026
Licence in France
Registre du commerce et des societes de Paris (R.C.S. Paris 662 042 449), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate will I actually pay on a Consors Finanz loan?+

The headline rate is 3.49%. The representative example is the honest guide, because it shows an effective annual rate higher than the headline figure on a standard loan, with a fixed nominal rate held for the whole term. Read that example rather than the headline before applying.

Is early repayment free?+

Early repayment is free, so there is no charge for clearing the balance ahead of schedule. This matters more than usual here, because the rate is fixed for the whole term, so overpaying for the remaining months buys nothing. A borrower whose income rises can settle the loan early without penalty.

How much can I borrow and over what period?+

The amount available runs €1,500 to €80,000, which is wide enough for either a small repair or a larger purchase. The term runs 6 to 120, so a borrower can spread the cost over years rather than months. Monthly instalments are fixed, so the payment is known in advance.

Who do I deal with, and is the money safe?+

The lender is a direct lender rather than a broker, so the entity you owe the money to is the bank itself, BNP Paribas S.A. Niederlassung Deutschland. It is entered at HRB Muenchen 240860, and the parent appears at R.C.S. Paris 662 042 449. Both entries sit in the same legal details.

Am I eligible to apply?+

Applicants must be adults living in Germany, with regular income from non-self-employed work and a minimum time with their current employer. That rules out self-employed applicants and anyone who has just changed job. A hard credit check is part of the process, so apply only when the income evidence is in place.

How quickly do I get the money?+

The money is disbursed within a day of the documents arriving and a positive check, so the wait is in hours once an application is approved. A credit line is also offered, which lets a borrower draw in stages instead of taking the full sum at once. That suits costs that arrive in stages rather than on one invoice.

What can I use the loan for?+

The lending covers personal loans, debt consolidation, a credit line and car finance, with home improvement named as a use case. Property lending sits on a separate range, covering purchase, remortgage and home equity. A borrower wanting a mortgage should look at that range rather than the instalment loan.

How do I get help with an application?+

Support runs on email, phone and help centre, so a question can go to a person by phone or in writing, and there is a help centre for the rest. Given the hard credit check, it is worth confirming the income evidence before applying. The bank has traded since 2001, so the process is a settled one.

Sources

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee.

Consors Finanz

Consors Finanz

Salaried German workers wanting a fixed-rate loan from the lender itself.

9.2/10See alternatives

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