If you’re one of the thousands of people trying to manage on a tight budget, then you’ll know how it only takes an unexpected event or a major occasion to buy for and your carefully balanced finances can rapidly take a turn for the worst.
Whether you’ve got a special birthday coming up, discover the washing machine’s broken, the telly has gone wrong or all the kids need new shoes at once, finding large amounts of cash at short notice can be a challenge.
These are just some of the reasons why pay weekly or pay monthly credit catalogues are so popular as an affordable way of getting the products you need.
A pay monthly shopping catalogue allows you to pay for your items in installments on a monthly basis. You can purchase a variety of items such as clothes, furniture, electronics or appliances, and spread the cost of the payment over a period of time.
The main benefit is that you can use your account to make payments over a period of time instead of paying for everything up front. This is especially useful for expensive items, as they can cause quite a large impact on your bank balance if purchased upfront.
If you feel like this is choice for you, then take a look around this site for pay weekly and pay monthly stores available. There are a numbers catalogues that we recommend because they offer high quality products and excellent payment options. Many catalogues offer it, and you can view the full list of catalogues here.
Applying for pay monthly & pay weekly credit accounts
Credit accounts are available to anyone over the age of 18 and a UK resident. A credit check is required before being approved for finance, but even if you have a bad credit history or poor credit score, you may still be eligible to open an account online.
Once you have found the items you want, you can apply for a credit account upon checkout by filling in the application form. This is usually opened immediately and the catalogue will decide if you meet their criteria for credit. The decision can be instant or sometime take an hour or so, after which you will receive information on your credit limit along with the relevant terms and conditions by email.
Once you’ve been successfully accepted for credit, choose a delivery option and wait for your shopping to arrive.
Every 28 days you will receive a statement and a payment slip by post. Take a close look, because there is a great deal of important information on your billing statement:
- Items already sent to you
- The payments you’ve made during the period
- Any outstanding balance
- Your minimum payment
- The date the minimum payment is due
- What it costs
Remember that any items you have bought, but have not shipped yet, will not be included. Most stores will not charge you until your item is on its way. However while they have not been charged, their value will be deducted from your available balance.
Once you have received your first statement you have 2 different options:
Option 1) Pay the total amount in full.
If you pay by the date shown on your statement you won’t pay any interest.
Option 2) Pay monthly or weekly.
You can make a minimum payment as shown on your statement. If you choose to spread the cost of your shopping this way, it will cost you more than if you bought the item with cash.
Payment terms are different for each retailer, but many operate on a repayment schedule based on a time frame of 1-4 years. Longer repayment schedules will have a lower monthly payment, but you will pay higher interest charges over the total period of repayment.
Improve your credit rating with pay weekly and pay monthly catalogues
Provided you keep up with the payment schedule, over time pay weekly catalogues can help improve your credit score. Once a pattern of regular repayment has been established, the credit limit is frequently increased, significantly enhancing your purchasing power.
Catalogues which offer Pay Monthly
Featured catalogue companies who offer pay monthly payments include FashionWorld who have one of the the widest variety of items, ranging from clothes for men and women, furniture for your living, bedroom, and other areas of your home, kitchen appliances like refrigerators, and even electronic items like computers and iPads.
Other catalogues come from BrightHouse or a brand from JD Williams. BrightHouse also has many payment options that allow you to spread the cost and more suited to people with bad credit. Other brands include Jacamo, Fashion World, Simply Be and The Brilliant Gift Shop. These catalogues offer you a wide array of merchandise for all of your needs. The great thing about going with a JD Williams brand is that you can open up an account with one brand use it for all other JD Williams catalogues.
From the Shopdirect Group are companies such as Littlewoods, Very, Grattan,and ISME who offer Buy Now & Pay Later on a pay weekly and pay monthly basis.
If you ever find yourself in need of products for your home and family, but are strapped for cash, consider using a pay monthly catalogue. When you can break a large purchase up into manageable payments, you can get the items you need, when you need them, without having to lose sleep about how you will pay for it.
Online pay weekly and pay monthly catalogues such as Littlewoods, Very and Brighthouse stock a wide range of items including:
- Garden equipment
- Sporting accessories
All the catalogue transactions can be undertaken online and with free delivery and returns on many items, it’s a convenient and cost-effective alternative to the high street. With so many advantages, it’s unsurprising that pay monthly catalogues are such an attractive retail choice.
Leading brands as well as everyday essentials are on offer, so pay weekly and pay monthly catalogues are a versatile option suitable for every occasion.
Frequent promotional offers and sales mean there’s always the chance to pick up a bargain and as you can manage your orders and account online, you can shop exactly when you like without the hassle of the high street.
Pay monthly catalogues with bad credit
If you have a bad credit history, you may struggle to get approved for a catalogue, especially with companies such as Littlewoods, Very and Studio. There are not many catalogues which specialise in helping people with bad credit history, but it may still be possible to be approved.
The key is to apply with a variety of different retailers and cross your fingers. Whilst this is not the most scientific way of getting approved, its really a case of applying and hoping for the best. Note that making multiple applications for credit may impact your credit rating. Potential lenders can see whether you have mulitple searches and applications for finance within a short space of time and this may work against you when making additional credit applications.
No credit check catalogues
Many people with a poor credit history search for catalogues which offer no credit checks. No credit check catalogues simply do not exist, as any lender offering credit must legally ensure you are able to repay any credit agreements. Therefore, if you see a catalogue offering no credit checks, you should be extremely careful.