A bad credit catalogue is often the best way to start rebuilding your poor credit file. The label of bad credit is not a great term of phrase as it will include those who have never had any form of credit, as well as those who have had credit issues in the past. A bad credit catalogue will take into account your ability to repay as well as a credit check. As instant and bad credit catalogues governed by other authorities than money lenders or banks, they are able to make applications decisions independently. The best bad credit catalogues are shown below with their interest rates.
- Freemans 90%APR
- Grattan 90%APR
- JD Williams 90%APR
- Fashion World 70%APR
- Look Again 90%APR
- Marisota 70%APR
- Kaleidoscope 90%APR
The interest rates are important to understand as this will apply to any outstanding amount owed after the initial free interest terms have ceased. If you pay your account with this time, often 4 months, you will not have to worry about interest charges. If you wish to spread payments, a £200 credit limit will be approximately £5 per month to repay over time. It is important to be aware of the fact that if you do choose to spread payments the original price for the product will be exceeded.
To apply for a bad credit catalogue, you will need to:
- Be over 18
- Have a regular income, benefits accepted
- Have a stable address history
- Use a current UK bank account
Once you find the best bad credit catalogue for your needs, fashion, homewares or both, it will only take minutes to apply online day or night. You will be given a quick decision with an instant credit limit to be used in the catalogue or affiliate catalogues if they are in a retail group, such as Look Again, or JD Williams.
As well as popular brand names and exclusive online designer collections, you will also find that the prices are more than comparable with the shops on your local high street. If you take into account the many email discount bonuses you are sent throughout the year, you can often save over 15% against High Street prices, along with great delivery options. As well as the great benefits of being able to buy now and pay later, show below are some other great reasons to take out a bad credit catalogue.
- Instant spend limit
- Try before you buy
- Late night ordering for next day delivery
- Great discount codes throughout the year
- Well-known brand names
- No queues at busy tills
- No parking or fuel costs
- Easy returns from your home or Click and Collect store
- Flexible payments
If you keep your personal credit account in good order, a bad credit catalogue is one of the best ways to start building a good credit score. By making sure you do not miss any payments, your credit limit will increase and this will show that you are a responsible lender to any future creditors.