Financing

Financing Conditions

The fundamental prerequisite for the approval of the online financing is a positive credit check by the TARGOBANK. In addition to this, the following condition have to be met:

• You must have reached the legal age of majority (18 and above)
• You have an ongoing, unterminated employment contract or a fixed-term employment relationship must be within the desired credit period
• Net income of at least 350 euros
• Your permanent main residence lies in Germany
• Delivery is only possible for destinations within Germany
• Customer and credit user must be identical (as usual, delivery address and invoice address may differentiate)
• The maximum amount of financing for trainees and students is 1.000,- Euro.
• For any financing, you must show your still valid ID card. (Also required for applications with WebID).
• For financing amounts starting at 3.000,- Euro, a recent copy of your proof of income is required.
• For financing amounts starting at 5.000,- Euro, a copy of your proof of income over the last three months is required.
• For the debiting of the instalments, a bank account at a credit institute located in Germany is required.
• For customers having a citizenship outside of the EU, copies of the residence and work permit along with the registration certificate (Meldebescheinigung) are generally required.

This is how financed ordering works

Put your desired products into the shopping cart and go to the checkout. Select "Financing (TARGOBANK)" as payment method. During the ensuing ordering process, you will be forwarded to the financing contract after submitting your order.

RECOMMENDED: Simple digital application (online with WebID)

• Online identification and digital signature:
  - Use the link in the Targobank email to start the video identification with WebID.
  - Immediately after identification, you will be automatically forwarded to the electronic signature.
• The credit check will be carried out immediately and you will find out under www.targobank.de/status the status of your financing in just a few minutes. To do so, enter your application number and your postcode in the login screen.

• Print out all the contract documents of your credit agreement.
• On the first page of the contract, you’ll find a check list with all the necessary steps.
• First sign the credit agreement at the places marked in red.
• Together with the contract, a so called "Postident coupon" will be printed.
• Finally, legitimise yourself at your local post office (Deutsche Post AG). For this, you have to take the signed credit agreement and put it in an envelope, together with, if necessary, all the possibly required other documents. In addition to this envelope, take the Postident coupon and your original valid ID card or passport to your post office.
• The Deutsche Post AG will subsequently approve your legitimation and is going to send all the documents along to our cooperation partner TARGOBANK for final review.
• Upon a positive review and verification of your financing application, the TARGOBANK is going to fully settle the outstanding invoice amount at Caseking.
• Once Caseking receives the payment sum, the ordered goods will be reserved for you and, when in stock, will get dispatched immediately.