Online credit catalogues allow you to spread cost of goods on either a weekly or monthly basis. Each month, you receive a “statement of account” from the catalogue company which includes all of your expenditure and information about your monthly repayment and credit limit.
If you manage these monthly repayments in time, your credit limit may be increased; hence allowing you to increase your expenditure. By paying back what you owe on time then you're credit score is likely to increase!
In this article, we shall exclusively look at the two of the best online credit catalogues in terms of their credit options and product range. One of the first things to note is that both of these stores provide an almost-instant online decision as to whether you've been approved for a credit account.
Source: bigislandcolor.com
Argos:
As many of you will already know, Argos have a huge range of products to choose from, making them an ideal place to shop for anything you need. With the Argos Card, you can purchase now and pay later over a 6-12 month period dependent upon the price of the product.
It’s simple! You only need to choose the products that you want or like at the checkout. Select the “Buy Now Pay Later” option and fill in your details.
If successful, you will receive an Argos Card in the post in a few days, however, you don't have to wait until it arrives to start buying on credit.
The application process is quite straightforward, and the most interesting thing is that it can be approved online, and your items delivered right to your doorstep! You can use it in-store or online.
Littlewoods:
The Littlewoods catalogue has a broad range of seasonal fashion, from popular and respected brands such as Adidas, Converse, Firetrap, Nike, Henley’s, Everlast Voi jeans and many more.
It also includes a significant choice of home essentials including gadgets, home appliances and furniture.
Just like Argos, Littlewoods is one of a large selection of catalogues in the UK that offer credit however, they offer interest free credit periods and respectable interest rates making them the starting point for buying on finance.
It is worth pointing out here that both of these retailers do have strict credit checks so those with no credit history may find themselves getting refused. In this case, there are other credit catalogues you can choose from that are more lenient. Creditcatalogues.org.uk provide a comprehensive list of the top UK catalogues. Remember though, before you apply for a credit account, double check the terms and conditions to ensure you fully understand how much interest you might have to pay.
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