The rise of the instant credit catalogue
There are a hundred different reasons that an instant credit catalogue can be the solution to the daily needs of the modern family. As our time has become such a precious commodity, many people are now opting to shop from home using instant credit catalogues. Here a just a few of the positives of home shopping.
Why Instant Credit Catalogues?
- No parking or fuel costs
- Late night ordering for next day delivery
- Easy returns from your home or Click and Collect store
- No queues at busy tills
- Try before you buy
- Fabulous discount codes throughout the year
- Top brand names
- Flexible payments
- Instant spend limit
To open an instant credit catalogue could not be easier. You will be given an instant credit limit to spend within 10 minutes of applying, and this will increase gradually when keeping your repayments in line with your statements. If you pay off your items in full in the interest free period, you will find that your spend limit can increase very quickly enabling you access to more expensive items such as home furnishings and electronics. The range of items will astonish those who have never shopped from an instant credit catalogue. Some of the better known brands listed below can be found as well as some exclusive collections only available online.
- V by Very
- Dolce & Gabbana
- Joe Brown
- Phase 8
- Michelle Keegan
- Ted Baker
- French Collection
Together with some big name in electronics and homewares shown here, access to an instant credit catalogue will cover any eventuality you could come across in modern living.
The interest rates with instant credit catalogue vary with each one. Some groups such as JD Williams or Kaleidoscope will have sister catalogues. This is a great idea, as the interest rates and the flexible payment options are available whichever catalogue you order from as all purchases are put on your personal account. The majority of instant credit catalogues will also accept applications from those with a poor credit score and by making sure your catalogue account is always paid on time, an instant credit catalogue can actually help to rebuild your credit rating. You may find that your initial spend limit is less than £200 but it can be quickly raised once the catalogue can see that you are being a responsible lender. You will then be able to access the buy now pay later schemes that can delay payments interest free for up to 2 years. This can be a much cheaper option to furnish a room or purchase high value electronics, than a credit card or store card, especially with the extra discount bonus codes you will receive by email once or twice a month.
Some of the better well known instant credit catalogues are shown here with their interest rates. As a general rule the higher the interest rate, the more likely an application from a bad creditor will be accepted.
- Fashion World 7% APR
- co.uk, Studio Cards 41.4% APR
- co.uk, La Redoute, JD Williams, Curvissa 39.9% APR
- Bon Prix, Freemans, Grattan, Kaleidoscope 4% APR
- Argos 9% APR
- Simply Be, Jacamo 9% APR
- Next 9% APR
- John Lewis 9% APR
Whatever your own personal reasons for applying for an instant credit catalogue may be, you can be safe in the knowledge that with the introduction of the online account facilities any personal or financial details are secure, and you can make repayments at times to suit yourself, you are not limited by closing hours at banks or Post Offices. The other beauty of having a personal credit account with an instant credit catalogue is that you have the freedom to shop at any time, day or night. This can be a Godsend should you need a new school uniform or a pair of trainers, in the middle of a month financially. Being able to spread the costs of everyday items has fast become an essential part of the modern budget but is it important understand that instant credit catalogues are still offering credit that must be repaid in accordance with their terms, and if you fall behind with your account this can leave a negative mark on your credit file as much as falling behind with credit card or mortgage repayments.