Payment by installments at Media Markt - how it works

Payment by installments at Media Markt is relatively easy. However, you have to meet some requirements if you want to pay in installments. You can find out which these are in this practical tip.

Requirements for payment by installments at Media Markt

Media Markt is of course interested in ensuring that the agreed installments are paid reliably. Therefore, the online shop has various minimum requirements that you must meet if you want to have a loan:

• Basically, you must be of legal age, i.e. at least 18 years old.
• The purchase amount must be at least 100 euros. The maximum funding amount is 15, 000 euros.
• There are also some special rules for various groups of people. These people include housewives as well as the self-employed, as well as trainees and students.
• For apprentices and students, the credit rate is a maximum of 1, 500 euros and the term is up to 24 months.
• The self-employed only receive a loan of up to 5, 000 euros. To do this, however, you have to prove that you have been self-employed for at least one year.
• Housewives, the same applies to housewives, of course, must be at least 25 years old and must also be married in order to receive funding of up to 1, 500 from Media Markt. You have a maximum of 33 months for repayment.

Apply for payment by installments online at Media Markt

• You can easily calculate the monthly rates and the term from the Media Markt online shop.
• Fill in the online application if the determined conditions of installment payment are acceptable to you.
• Identification is then carried out via Internet telephony. You must show your identity card or travel document.
• You complete the installment process by signing your loan agreement using an mTAN.

If you have media market vouchers, you can also redeem them online. You can find out how in the next post.