Fridge Freezers: Pay Weekly, Pay Monthly & Bad Credit Options

Being able to store food by keeping it refrigerated or frozen was one of the biggest innovations in history, as it allowed people to keep food fresh longer and be able to plan for the future. Not to forget the impact on health having food fresher.

A fridge freezer is, therefore, an absolute necessity in the modern-day. Unfortunately, while fridge freezers are necessary to live, they do not necessarily come cheap if you decide to purchase one outright.

Thankfully, you no longer need to save enough money to buy one outright anymore, as thankfully, there are multiple options to choose from when it comes to purchasing or renting an item these days.

This means you will be able to store your food in a fridge freezer, so your frozen food can stay frozen without hurting your bank balance all that much.

Below we will discuss the different options available to you when deciding how to purchase a fridge freezer and the different stores that support these options.

Can I Pay Weekly For Fridge Freezers?

There are a wide variety of stores that allow you to purchase appliances like fridge freezers, such as Pay Weekly World, HomeSmile, Studio, Hughes Rental, and Forbes Rental.

All of these stores provide consumers with the option to either pay for fridge freezers in weekly instalments or rent a fridge freezer and pay weekly. This will allow you to afford a fridge freezer that is to your liking, almost regardless of how much you earn on a weekly or monthly basis.

Unfortunately, as with everything, there is a catch, as paying for a fridge freezer on a weekly basis will mean that you will generally end up paying more for the appliance than if you were to buy it outright.

If you miss a payment, you will also be liable to pay late fees, which will cause you to pay even more than what you originally expected.

Can I Pay Monthly For Fridge Freezers?

If you would rather pay for a fridge freezer monthly instead of weekly, a good few stores and online retailers still support this.

One of these online retailers is Appliances Direct, as they have integrated fridge freezers, retro fridge freezers, stainless steel with energy rating and ice dispenser, extra storage space, and many other fridge freezers options, so you'll be sure to find one you like.

You will be able to pay for these products on a monthly basis and eventually own them when you have finished paying your instalments.

Paying monthly, unfortunately, will still cause you to pay more for a product than if you were to buy it outright, although you may incur less interest.

If you miss a payment or your payment bounces, you will still be liable to pay late fees, so you should be sure to have enough money to at least cover your instalment every month.

Can I Buy A Fridge Freezer Now And Pay Later?

There are various buy now, pay later options available to consumers. This is a great option if you need a fridge freezer right away but don't have enough cash to pay for it right then and there.

Consumers should, however, still be careful, as interest rates can be extremely high if you don't pay for the item in the required period.

Are There No Credit Check Options Available?

A good few online retailers offer no credit check options, although it will somewhat limit your options. Some of these retailers will perform a soft credit check that won't show up on your credit record.

If you have ended up with some credit by making some poor financial decisions, then you will still be able to receive credit, provided that you have not declared bankruptcy.

What If I Have Bad Credit?

Having bad credit will definitely make it more difficult to apply for credit, but thankfully, there are still some companies that will offer you purchasing options if you have bad credit.

Paying off an item on credit through one of these services can also help you work towards improving your credit as well, so it is not a bad option.

Are Rent-To-Own Options Available?

Consumers should have a wide variety of rent-to-own options available to them. Unfortunately, this is not always the most cost-effective option, as the interest rates can sometimes be quite a bit higher.

Renting to own will, however, eventually allow you to own the product you are renting, as opposed to normal renting, which can leave you with nothing regardless of how much you have paid.

Can I Apply For Finance?

Consumers will be able to apply for finance so long as they don't have bad credit and meet certain criteria, which will usually be company-specific.

Some of the criteria that need to be met are the fact that the consumer must be over the age of 18, have lived in the UK for a specified period, and be able to provide proof that you will be able to afford the instalments of the product you wish to buy.