Fashion WorldPlus Size Clothing, Women's Clothes, Men's Clothes, Lingerie, Footwear, Home & Garden, Electricals, Gifts
JacamoPlus Size Clothing, Men's Clothing, Accessories, Footwear, Sports, Home & Garden, Electricals, Gifts
Simply BePlus Size Clothing, Women's Clothes, Men's Clothes, Children's Clothes, Footwear, Home & Garden, Electricals, Gifts
HomeBuyAppliances, Electricals, Furniture, Home & Garden, Mobile Phones, Laptops, Televisions, Consoles,
Dial A TVAppliances, Electricals, Furniture, Home & Garden, Mobile Phones, Laptops, Televisions, Consoles,
ArgosWomen's Clothes, Men's Clothes, Children's Clothes, Electricals, Appliances, Furniture, Footwear, Beauty, Gifts
JulipaPlus Size Clothing, Women's Clothing, Over 50's, Men's Clothing, Footwear, Gifts
La RedoutePlus Size Clothing, Women's Clothes, Men's Clothes, Children's Clothes, Footwear, Home & Garden
MarisotaPlus Size Clothing, Women's Clothes, Over 50's, Men's Clothes, Footwear, Home & Garden, Electricals, Gifts
DaxonPlus Size Clothing, Women's Clothes, Men's Clothes, Lingerie, Footwear, Home & Garden
CurvissaPlus Size Clothing, Women's Clothes, Footwear, Accessories
The Brilliant Gift ShopGifts, Jewellery, Toys, Electricals, Home & Garden, Children's Clothing
Fifty PlusPlus Size Clothing, Women's Clothes, Over 50's, Men's Clothes, Children's Clothes, Lingerie, Footwear, Home & Garden, Electricals, Gifts
Look AgainPlus Size Clothing, Women's Clothes, Men's Clothes, Children's Clothes, Footwear, Home & Garden, Electricals, Gifts
Premier ManPlus Size Clothing, Women's Clothes, Men's Clothes, Footwear, Home & Garden, Electricals, Gifts
KaleidoscopeWomen's Clothing, Footwear, Home & Garden, Gifts
Swimwear 365Plus Size Clothing, Women's Clothes, Men's Clothes, Children's Clothes, Footwear
Witt InternationalPlus Size Clothing, Petite Size Clothing, Women's Clothes, Men's Clothes, Home & Garden
Pay Monthly Credit Catalogues
Many of us have been in the following familiar situation: there’s an item you’d really like to purchase, but you just don’t have the cash on hand to do so right now.
Whether it’s the latest phone for yourself or new clothes and shoes for your growing children, it’s something you’d prefer to have sooner rather than later.
In the past, the only thing to do was to wait until you got the money. These days, thanks to catalogues with credit accounts, you can get the things you need immediately – regardless of the current state of your bank account.
Buy Now & Pay Later
Shopping using a credit catalogue allows you to pay for your goods over several weeks or months, rather than paying for them upfront. No deposit is usually required and anyone over 18 can apply for for finance. This type of shopping is also known as:
Buy now and pay later
Pay weekly/pay monthly
Spread the cost accounts
Buying on finance
The number of shopping catalogues is growing all the time and it shouldn’t be a surprise to find a new one each month. Some of these catalogues specialise in specific areas, while others sell everything but the kitchen sink (actually some of these places do sell kitchen sinks, so perhaps that’s not the best cliché to use!).
Popular Shopping Catalogues 2016
The following is a list of credit catalogues in the UK. If you are new catalogue shopping, you may find it useful to read the shopping guide further down this page. For everyone else lets take a look at some popular pay monthly and pay weekly catalogues and what they have to offer.
Everyone has heard of this popular catalogue company who have over 700 stores around the country. Apply for an Argos Card and you can buy now and pay later on over 45,000 different products from electronics, appliances, furniture to clothing and more.
Currently you can pay nothing for 6 months every time you spend £99 or more. You can also pay nothing for 3 months every time you spend £50 or more.
You can choose to make fixed monthly payments over 24, 36 or 48 months with no deposit when you spend £199 or more. So it’s easier to budget as you’ll know how much you’ll be paying each month.
You can use your online credit account which allows you to allows you to check your statements online 24 hours a day and make payments using direct debit, card, cheque or bank transfer.
- Gigantic selection of items for sale
- Hundred of stores around the country
- Big choice of credit accounts to suit your budget
One of the country’s top credit catalogues for the curvaceous woman, Curvissa offers exceptional choice to women in sizes 12-32.
With over 3,000 stunning clothing items to choose from, their plus size range has all the bases covered from stylish workwear to weekend casuals.
Curvissa takes pride in offering a single competitive price on all items regardless of size, and charge no premium on larger ranges.
The easy to use website offers the ability to search for items by category, size, occasion or even trend, so finding inspirational fashion ideas couldn’t be simpler.
The regularly updated Inspire section outlines the latest fashion trends and top looks, and helpful expert style tips and interactive tools that make putting together a beautiful outfit fun and exciting.
They even have a useful ‘Shape Calculator’ that helps women to find the perfect style to flatter and fit every figure.
Offering a very comprehensive selection of fashion clothing such as dresses, tops, skirts, trouser, coats, jackets, lingerie, swimwear, footwear, a huge variety of accessories and clothing for special occasions, Curvissa offers its customers a huge range of items at an affordable cost.
- Stylish fashion for the fuller figure
- No premium on bigger sizes
- Selection of 3,000 stunning clothing items
With 90 years of experience in the fashion industry, Daxon is one of the leading credit catalogues in the marketplace.
Aimed at mature women who still want to look and feel great, their extensive clothing collection offers items to suit every occasion and style.
With flattering fashion in sizes 10-26 and footwear in sizes 2-9, Daxon’s clothing offers the widest range of items to suit all shapes and sizes from petite to plus size.
They have a collection for mature women who struggle to find their ideal clothes and they remain a popular choice for females over 50.
Choose from a large variety of ladies wear, plus size fashion clothing, menswear, shoes, lingerie, home appliances and equipment, healthcare products and even the latest news about the today’s fashion trends.
Daxon pride themselves on their ‘all sizes, one price’ policy and offer not only plus sized clothing including lingerie but also tall and petite ranges, footwear in sizes 2-9 and wide fitting shoes.
Brands such as Sloggi, Clarks and JML are all represented, and with all sizes available at one great low price, Daxon products are excellent value for money.
Ordering online couldn’t be easier, and with courier delivery, credit account options, and free returns, customers can enjoy all the benefits of Daxon’s quality service.
- Quality fashion for the 50+ lady
- Top brands such as Clarks and Triumph
- No premium on larger sizes
Dial a TV
Part of the Hughes Electrical Group with 23 years in the industry, Dial A TV offers a huge choice of top brand electricals and appliances on finance.
You can choose from a range of TV’s, laptops, tablets, games consoles washing machines, cookers, freezers and more.
With their flexible payment options, customers can either pay rental on a weekly or monthly basis or enter into a buy to rent scheme where they own the product after a set period of payments.
Dial a TV may be able to help if you have been declined elsewhere for credit. Their credit checks are not as stringent as some other companies listed here and so those with a poor credit history may benefit.
Repair and installation fees are included in the cost, and with free delivery and excellent customer service, Dial A TV represents a great way to get finance on big name goods.
- Simple credit checks
- Flexible finance options
- Free repair and installation costs
For ladies looking for catalogues with credit offering fashion in sizes 12-32, Fashion World is an ideal choice.
With their range of flattering and fabulous clothing suited to all occasions and tastes, they make it easy for customers to find the ideal outfit.
Aimed primarily at women from 35-55, Fashion World have exclusive ranges from Joe Browns and Claire Sweeney, and 45 lingerie brands including Gossard, Triumph and Katie Price’s stylish selection.
Their underwear range extends from bra size 28-58 and cup sizes A-L, and their footwear line includes up to EEE widths making it simple to find a comfortable fit.
Offering deals and promotions with its products such as clothing, accessories, lingerie, footwear, sportswear, swimwear, maternity wear, menswear, home decorations and appliances, gadgets and equipment, gifts for all types of occasion.
Customers can enjoy next day delivery to their home or workplace and hundreds of online exclusive deals.
They also have a 14 day ‘try before you buy’ offer and you can spread the cost of your purchases with a personal account.
- Top fashion for fuller figures
- Exclusive clothing ranges
- 14 day try before you buy option
Ladies of 50 and over searching for pay monthly catalogues that offer great fashion for the mature female will love Fifty Plus.
This company is part of the J D Williams group and is a great place to shop for that special occasion; they even have mother of the bride outfits.
Their clothing range extends from size 12-34, footwear from a D fitting up to EEE, and bra sizes from 34-54 A to JJ making it simple to find the perfect size to fit.
Fifty Plus have a helpful fitting guide and offer regular online exclusive deals.
Customers can feel assured they’ll be satisfield with up to 14 days to ‘try before you buy’, detailed sizing guides, easy returns and a helpful and friendly customer service team.
All orders are delivered direct to the doorstep or workplace.
- Fabulous fashion for the young at heart
- 14 day try before you buy service
- Huge range of sizes
For the household on a budget, Homebuy is one of the best shopping catalogues for people with bad credit history.
Offering a cost-effective way to buy household goods by spreading payments thanks to their affordable hire purchase finance plan, Homebuy makes it easy to furnish and upgrade every home.
All applications are welcome, even if you have been refused finance in the past. Not all catalogue companies are able to provide finance to people with low credit scores, but Homebuy are one of a few who can help.
No deposits are required to order any of their high quality furnishing or technology products, and low payments are made on a weekly basis. The Homebuy consumer finance team take responsible lending very seriously and will assist in arranging affordable repayment options.
- Responsible lender makes arranging finance worry free
- Spread payments affordably
- Great choice of home furnishings and electrical items
For men who care about how they look, Jacamo is the one of the best credit catalogues in which to find top quality gents fashion.
Offering over 40 well known brands in sizes M to 5XL, there is a huge selection of styles from occasion wear to everyday casuals to select from.
Specialising in fashion to fit, Jacamo have a wide choice of sizes; an array of chest, leg lengths and many sizes that are exclusive to them, with no premium on larger sizes.
From suits that fit beautifully to cool casuals and everything in between, Jacamo can keep your wardrobe up to date at an affordable price. Offering big name brands in a big range of sizes, any man can be well dressed with Jacamo.
The catalogue mainly consists of menswear, accessories, sportswear and footwear but also includes some home appliances, electrical tools and gadgets, gifts, and more. The perfect catalogue for acquiring new and fabulous designs in men’s apparel.
Next day delivery is standard for orders placed before 5pm and include a 14 day try before you buy service is included. The cost of purchases can be spread over an extended period with the personal credit account.
- Fashion up to size 5XL
- 40 well known brands
- Jacamo exclusive sizes
As one of the most famous shopping catalogues for ladies aged 40 and over, JD Williams specialise in providing fabulous flattering fashions and footwear in wider fittings.
With a variety of styles and sizes from 12-34, JD Williams’ range includes well known brands like Joe Browns, Anna Scholz, Carol Spenser and Regatta.
The company was founded in 1875 by J D Williams and Company Limited.
Although JD Williams is mostly aimed at women they also include clothes for men, home and electrical products, gifts and beauty products too.
Customers can benefit from regular online exclusive deals and can enjoy next day delivery options.
The cost of purchases can be made on finance using the personal credit account facility and clothes come with a 14 day try before you buy service.
- Flattering fashion for mature women
- Great fashion brands like Joe Browns
- 14 day try before you buy service
One of the many pay monthly catalogues aimed at the more mature woman, Julipa aims to offer flattering and fabulous fashion for all occasions.
With sizes from 10-30 and footwear up to EEEE fittings, they offer excellent choice and superb value for money in ladies fashion.
With a variety of products like fashion clothing, swimwear, gifts, toys and home and garden items, Julipa offer a wide selection of products, but their main focus is in providing stylish fashion for the more mature lady.
- Great fashion for the mature woman
- Extra wide footwear fittings
- Sizes from 10-30
Distinctive detailing is what makes Kaleidoscope stand out from other credit catalogues. With their stylish range of colourful and attractive fashion, they are truly set apart in the marketplace.
From fashion to footwear, furniture to kitchenware, Kaleidoscope offers an extensive selection of everyday items that will suit everyones budget.
Their excellent customer service also goes a long way towards making Kaleidoscope unique. With hassle free ordering, easy returns and fast delivery, they are the ideal choice for anyone who wants their fashion with a hint of flavour.
You can open up a credit account and pay monthly for your shopping.
- Distinctive detailing
- Hassle free ordering process
- Easy returns
This catalogue has a unique French flavour and everything they sell has a touch of chic French style, which makes this brand different from other credit catalogues.
Offering a wide range of fashion clothing, La Redoute stock everything from simple plain white t shirts to exclusive items by international fashion designers.
With just a few clicks, shoppers can browse a stunning range of chic clothing for all the family in a choice of ladieswear, children’s clothing and fashion for the man of the house.
You can also pick up shoes, accessories, lingerie and plus size clothing. La Redoute caters for everyone who loves looking and feeling great!
With brands such as Nike Tipster and Adidas, La Redoute offer a variety of items at an affordable price.
There is also a great selection of homewares to bring a hint of France into the home.
- Fabulous French inspired fashion
- Ranges for all the family
- Internationally designed clothing
Look Again should be the first port of call for anyone looking for all the latest trends for their home and wardrobe.
Their clothing range is always bang on trend and customers will find 100’s of brand new items listed every single week. Unlike other shopping catalogues, Look Again offers shoppers a 10% discount on these new styles for 7 days.
Full of expert fashion advice, Look Again will show you how to wear the seasons latest trends. A visit to the website reveals fantastic interactive tools such as the online shape calculator which is ideal for finding great inspirations for outfits.
Not only can the fashion conscious purchase stylish clothing from Look Again, but they can give their home a makeover too, using the Create Your Room Tool for finding new ideas on home designs.
It’s not only fashion though, as Look again also offer electrical appliances and gadgets, sports equipment, electrical tools and stylish items for the home.
- 100’s of new items listed weekly
- Great weekly discounts
- Exciting interactive tools
Marisota is a popular credit catalogue aimed at women aged over 35. With clothing ranges designed to flatter and fit every figure, women who want to feel and look gorgeous will find an outfit to suit them regardless of their shape or size.
Great contemporary fashions in sizes 12-32 and with a choice of leg lengths ensure that every woman can find stylish occasion wear and everyday favourites.
Some styles are even available up to a size 36, and knee length boots can be found in various calf fittings to accommodate women with fuller figures.
You will find a selection of clothing from jeans, skirts, dresses, knitwear, coats, lingerie, accessories and outfits for special occasions.
Marisota is popular for women’s clothes, but also stocks an extensive range of electrical goods, home and garden items, gifts and clothing for men too.
Payments can be spread out with the personal credit account and returning unwanted items couldn’t be simpler.
With hundreds of online exclusive offers, helpful style guides and next day delivery offered as standard, you can receive next day delivery and have up to 14 days to try before you buy.
- Great flattering fashion for women aged 35 and over
- Larger sizes and various calf fittings available
- 14 day try before you buy service
A pay monthly fashion shopping catalogue with an emphasis on larger men’s sizes, Premier Man ensures every man looks his best.
Aimed primarily at the more mature gentleman, Premier Man offers a convenient shopping experience.
Offering clothing for all occasions from smart work suits to casuals for the weekend, Premier Man’s ranges extend up to size 5XL with a choice of 4 leg lengths.
Every outfit is guaranteed to be a perfect fit thanks to the size and fit experts who ensure each garment is subjected to 18 separate measurements.
You can also find trousers, suits, shirts, jeans, tops and a selection of shoes and accessories.
It’s not all about men though, as they also stock a selection of clothes for women too and also provide top branded electrical goods, home and garden items and a range of gifts at affordable prices.
- Gentlemen’s fashion in larger sizes
- Choice of 4 leg lengths
- Clothing available up to size 5XL
Curvy women will love Simply Be, one of the finest credit catalogues for confident, stylish women who are proud of the way they look.
As featured on TV, Simply Be focuses on helping all women look their best with a selection of clothing in the plus size range.
Offering fashion in sizes 14-32, Simply Be never charge extra for larger sizes, and offer all the latest trends from top brands and best designers. It couldn’t be easier to find all the most up to date styles at great prices thanks to exclusive online only deals.
As well as items for women, Simply Be also offer mens clothing, children’s clothing, electrical goods, gifts, sports equipment and items for the home.
Simply Be even have a uniquely generous 28 day try before you buy service and offer next day delivery as standard with the option to spread payments by opening a credit account.
For great value for money fashion for the curvier figure, Simply Be is the perfect choice.
- Flattering fashions in size 14-32
- Generous 28 day try before you buy service
- No extra cost for larger sizes
Swimwear365 offers an exclusive range of swimwear items including, swimsuits, bikinis, tankini style items to suit a range of bodytypes.
They are the UK’s largest online swimwear provider offering a wide range of items which are trendy, flattering and affordable.
With hundreds of different styles available for all seasons, you can be sure to find some suitable swimwear whatever the occasion. They stock exclusive brands such as Buffalo, Lascana and S. Oliver as well as French Connection, Marie Clarie, Adidas, Converse and many more.
- Next day delivery
- Specialists for holiday fashion
- Spread the cost with a credit account
The Brilliant Gift Shop
For astounding gift ideas for all the family, The Brilliant Gift Shop really stands out from other shopping catalogues. From toys for the kids to perfect gifts for the grandparents; there is truly something for everyone.
The Brilliant Gift Shop makes it easy to find the ideal present using their convenient search facility. Shoppers can look for products by category, occasion or brand in order to get inspiration and helpful ideas, and can even see video demonstrations of kids’ toys.
The company started as a simple gift shop with the purpose of giving the customers the choice to choose and buy unique gifts, but has now grown to provide over 20,000 different gift ideas.
Deals and discounts are updated regularly, and there is always a great choice of online exclusives. Customers can take advantage of the 14 day try before you buy service, and with next day delivery options they can even spread their payments with a personal account.
This catalogue has regular sales and special deals of the week and provides next day delivery direct to your home or work.
- Great choice of inspiring gifts for all the family
- Video demos of children’s toys
- 14 day try before you buy service
This company prides itself on a large collection of high quality UK and European fashion items for both men and women at affordable prices to suit everyone. The range is constanly being updated and added to and you are sure to find something stylish to wear.
It’s not just clothing though, as Witt International also have a good selection of home and garden items to help give a stylish touch to your home.
- Spread the cost with a Witt credit account
- 14 day try before you buy
- Next day delivery
Spread The Cost With Catalogue Shopping
A few years ago before the invention of the internet the only kind of home shopping catalogues available were those that were in print. Being able to browse through a glossy catalogue for items from the comfort of your own home and then having the items delivered to your doorstep was certainly a very novel idea.
Fast forward a few years and with the rise of the internet, shopping catalogues today are now commonly found online. Many companies however still provide catalogues in print which can be delivered to your door upon request.
Although internet shopping has made things so much easier for millions of people, being able to hold a chunky paper catalogue and browse through the colourful pages and text provides a completely different and unique experience for the shopper.
Whichever way you feel more comfortable shopping, home shopping catalogues are here to stay and millions of Brits are taking advantage of the conveniences that catalogue shopping provides.
Many people who are new to catalogue shopping have questions about different parts of the process. Here are some of the most common inquiries, along with some answers.
HOW DOES IT WORK?
Need to replace essential items such as a broken washing machine or your kids’ shoes? Want to splash out on a home cinema system for your living room? Shopping catalogues with credit accounts are an ideal way to get the items you want now with affordable payments.
You purchase items from either a company’s website or from their paper catalogue. Simply pick your preferred items and they are delivered to your door without you having to leave your home.
You can open up a credit account (sometimes known as a ‘personal account’) and spread the cost of payment using finance over a number of months or years. Not all catalogues offer a credit account, but all of the catalogues listed on this page do.
Account statements are typically sent monthly, and a minimum payment must be made to keep the account in good standing.
When you open an account you will be given a starting credit limit. You can purchase as many items as you want up to that amount.
This limit will be determined by the company in question (as each company is different) and your personal credit rating. If your credit rating is excellent you will be provided a higher credit limit than someone with a poor credit score.
Whether you are looking for clothing items, electrical appliances, consumer electronics, gifts, or items for the home, you can find it in a shopping catalogue listed on this page.
HOW DO I APPLY FOR A CREDIT ACCOUNT?
Once you have found the items you want and are ready to checkout, you can apply for a catalogue account. You will be asked to submit some details and you will be provided a decision (usually) instantly if you have been approved and what your initial credit limit is.
Anyone can apply for finance as long as you are a resident in the UK and over 18. Catalogue credit and finance is subject to status and affordability checks.
WHAT WILL MY APPLICATION REQUIRE?
Basic personal information, such as your full name, address, and date of birth, is necessary to apply for catalogue credit. Additionally, if you have changed your address in the last six months, you may be asked to give your previous address for verification purposes.
Take your time to properly fill out the application, as missed questions and incorrect information can delay your credit or make you ineligible for it.
WILL I BE CREDIT CHECKED?
Yes. All shopping catalogues will verify your identity and check your credit rating before allowing you to make purchases.
Catalogue companies want to protect themselves against lending to irresponsible candidates, but more importantly, they need to be in compliance with responsible lending legislation that requires identity and credit checks.
If you want to improve your chances of being accepted for finance with a catalogue, make sure you are on the Voting Register if you are not already registered.
Remember that you have to be over 18 and a UK resident to apply.
WHEN DO I FIND OUT I AM APPROVED?
It depends. Some catalogue companies will let you know instantly, while others will notify you via email within a few hours. Not all applications are approved or rejected immediately.
If you find yourself in the situation of being rejected for credit, you will still be able to select your purchases and make an order. An underwriter will then review your information and you should find out about your credit and order status via email within a day or two.
When you apply for credit with the JD Williams Group, your approval status and credit limit will quickly be posted in the upper right hand corner of the website.
HOW MUCH CAN I SPEND?
Once your application has been approved you will be provided a starting credit limit. This amount will be the maximum that you can spend using your credit account.
The credit limit amount can be anywhere between £100-£1000.
Catalogue companies look at a number of different variables when determining how much credit to extend to a new applicant. Your current credit score will be assessed as well as other factors such as your employment status, where you live and whether you have any outstanding debts.
Ultimately, the company wants to make sure that you will be able to make your payments in full and on time.
IF I HAVE BEEN APPROVED BY ONE CATALOGUE, CAN I APPLY FOR ANOTHER?
Maybe. Many catalogues work on a one-per-household policy. However, if you apply to another catalogue under the same ownership group, you may be approved. Another thing to consider is just because you can apply to others doesn’t mean you necessarily should.
Every time you apply, a search is run on your credit file and recorded. Run too many searches by applying to too many catalogues, and your credit score can become negatively affected. A good rule of thumb is no more than two applications every six months.
And of course, you want to make sure that you will be able to make all of your payments on time before applying to multiple catalogues.
HOW CAN I INCREASE MY CHANCES OF APPROVAL?
There are a few things you can do. First, make sure you are entering accurate information when you fill out your application. Incorrect information can result in a declined application, or worse — a fraud marker on your credit file.
Secondly, keep the amount of your first order fairly low, say between £100 and £150. Anything more than that, and you risk being declined. Finally, if you are approved, make your payments on time to increase your line of credit for future orders.
CAN I STILL APPLY IF I HAVE BAD CREDIT HISTORY?
Yes. While it is not guaranteed that you will be given finance, some companies may often be willing to help. Each company has a different credit checking criteria and some are easier to be approved for than others. Click to view the recommended catalogues for bad credit.
The initial line of credit extended to you may be on the low side, but by making a purchase and paying it off in full within the time allotted will help you improve your credit score and increase your credit line.
If you are trying to rebuild your credit rating, it’s especially important to keep your purchase amounts manageable and not miss payments when they are due.
WHAT IF MY APPLICATION IS DENIED?
It’s not a given that your application for catalogue credit will be accepted. If yours is declined, don’t feel too bad. Applications are usually declined because of certain details contained within your credit file and sometimes they may contain clerical errors which are not your fault.
The first thing you should do is check your credit report to verify that all of your credit information is correct, and take measures to correct any errors you may find.
Credit reports can sometimes contain errors or inaccurate information which can impact your rating. Click here for more information on your credit report.
Here are some other points to consider if your application is not accepted:
Are you registered to vote?
Check you are on the electoral roll and registered to vote. Many people assume they are automatically registered, but it is not always the case. Not being registered can have a big impact on your ability to get finance.
Is there a County Court Judgement (CCJ) on your credit file?
These will stay with your for six years, even if the debt has been repaid.
Are there any defaults on your credit file?
Again, these remain on your file for six years. Since some catalogue companies will not extend credit to applicants with a CCJ or a default on their credit files, you may be automatically rejected for these reasons.
Do you make all of your payments on time?
These include utilities, mobile phone bills, and other financial obligations. If you are not in the habit of paying your bills on time, now is the time to start. This will improve your credit rating immensely.
Do you have a lack of credit history?
Some people believe that having no credit history is an asset, as it means that they have never had to borrow money. However, having no credit history at all can be bad when applying for any form of credit or finance as there is no record of how you handle your financial commitments.
If you have no credit history but have a good income and can prove you’re responsible with money, you may be able to appeal a declined application with a catalogue company.
HOW DO I PAY?
Each month you will receive a statement which is a record of your shopping.
You will have two options for repayment:
1). Pay for your items in full using a credit or debit card.
2). Spread the cost of your items on finance using your credit account.
Using your catalogue credit account means that you can spread the payments over a certain period of time and avoid having to pay for your items in full upfront.
The payment periods can be spread to cover several months or even over the course of a number years depending on the overall cost of the item you buy.
You can choose to pay your bill monthly, make partial payments every week or even fortnightly (this varies according to different companies).
Using a credit account means that a small interest is leveraged in each payment, which is basically how these companies make their profit. The APR rate in which interest is applied will vary, so make sure you check the terms and conditions of each catalogue to determine what options are most suitable for you.
Many people love the convenience that these catalogues can bring. Home shopping credit catalogues provide you with a little more financial legroom, so to speak, especially when you’re a little short on budget.
Some items are just too expensive and these pay monthly catalogues enable customers to purchase them on finance without worrying as much about the impact on their wallets.
HOW MUCH WILL REPAYMENTS BE?
The exact amount varies from company to company, but typically the minimal monthly repayments are around 5% of the balance owed.
For example, if you bought items to the value of £100, you would need to pay off £5 a month. The quicker you pay off your debt, the less you will pay in interest.
If you maintain these monthly repayments on time, you could qualify for a credit limit increase allowing you to increase your spending and, in turn, increase your credit rating too.
Remember to read the payment terms and conditions carefully before committing with a catalogue.
WILL MY CREDIT SCORE IMPROVE USING THESE CATALOGUES?
In general, yes. However, in order to improve your credit score, you need to demonstrate that you can repeatedly borrow money and then pay it back on time and in full.
So, you will want to shop from a catalogue regularly (and keep your account in good standing) to rebuild your credit However, if you fall behind in payments and your account falls into delinquency, it can have negative repercussions on your credit file.
WHAT HAPPENS IF I MISS A PAYMENT?
When you make purchases on catalogue credit, it’s important to keep up with your payments. Making your payments late or missing them altogether can start to negatively impact your credit score.
Also, keep in mind that late or missed payments will stay on your credit report for six years and can potentially impact your ability to borrow money in the future.
Should you know that you will have trouble making a payment, it’s always smart to call the catalogue company and let them know.
Usually it’s not a huge problem if it happens once in a while; they can often work with you to keep your account in good standing while you work through your financial issues.
However, chronic late or missed payments can result in a substantially lower credit score, removal of your line of credit, late fees, or a request for payment in full. As a worst case scenario, your delinquent account can go to a debt collector, which can lead to more financial problems as well as a County Court Judgement (CCJ) to pay back what you owe.
WHAT HAPPENS IF I CANT PAY?
Don’t ignore the problem. Letting the non-payment build up may well increase the amount of interest you pay and can ultimately result in debt collectors becoming involved, court action and a severely damaged credit rating.
Contact the company and explain. Often they can work with you to come to some sort of arrangement for repayment over a longer period, or freeze your account so that you can’t make any more purchases, just pay back what you owe.
WHAT ARE THE LEGALITIES I NEED TO BE AWARE OF?
The legal terms and conditions vary from one company to another. When you are approved for, it’s a good idea to print out a copy of the terms and conditions and APR rates. Look through them carefully so you know what to expect.
HOW DO I RETURN AN ITEM I DONT LIKE?
One of the reasons why people have apprehensions about online catalogue shopping is the fact that they don’t get to handle the goods and see items with their own eyes.
Everyone is used to shopping with the items right there in front of them, and it can be a little nerve wracking when buying items online and wondering if they will be exactly how you imagine them to be when they arrive at your home. This is particularly true for clothing as you obviously cannot try on the items like you would do in a high street store.
So, how do customers cope with this issue? The good news is that many retailers have included sizing guides to help customers decide on the right items.
Let’s face it, no matter how careful a shopper may be, there will be times when items will have to be returned for one reason or another. Note that the refund and return policies of different companies vary, but most will be willing to refund or exchange the item if you are not completely satisfied with your purchase.
Some companies will not pay for the shipping cost to return a product; so the advice here is to check the return policies and read the fine print carefully. If you take the time to go over the terms and conditions of each retailer they will include their refund options as well as the company’s policy on returning items that have already been sold.
Home shopping is ideal for the modern consumer. With time and finances at a premium, being able to shop online with credit catalogues with the ability to buy now and pay later has made them extremely valuable for many.
Purchasing items using a pay weekly or pay monthly credit catalogue can be an easy and convenient way to get the goods you want when you want them. However, it is important to think long term before making your purchases. Just remember that you are still purchasing and spending money.
Many catalogue purchases get paid back over 100 or 150 weeks (or two to three years). Will you be able to make your payments on a regular basis for the entire duration of the account? If you’re not sure, you may want to hold off on using credit catalogues for your purchases.
If it seems feasible, however, you can buy what you need and enjoy all of the conveniences that catalogue shopping can afford.