There are often times where you want to buy things but your financial condition at the moment does not let you do the same. In this case, catalogue credit can have your back and let you purchase things instantly and spread the payment over a period ranging from a few months to up to a year.
You can choose if you have to pay for weekly installments or monthly installments. Also, you get to avail a lot of offers and discounts as many brands and companies are promoting shopping with catalogue credit and are ready to give huge discounts and cash backs for it.
There are many brands that also offer you catalogue credit when you have a bad credit and are refused credit options at other places. However, they will still consider you credit score to some extent for the same. Once you get a personal shopping account or a catalogue credit, you can browse the catalogues available and start shopping on credit.
What is catalogue credit and how is it beneficial?
Catalogue credit is an effective way of purchasing products, usually by post wherein payments are widely spread over a period of time. It could be weekly or monthly. One can either get their own catalogue or can purchase it through another person who is often a relative, a neighbor or a friend who can be called as agents.
The agents generally earns commission on every catalogue they sell. Catalogue credit is also referred as a mail order account or a personal shopping account. Many companies offer such shopping accounts in order to exercise the “buy now pay later” service.
With the help of this, customers can buy whatever they want from selected catalogues and spread its payment to be paid in installment. Mail order can sometimes be totally interest free if you repay the cost of the product within the given period of time, often which is between three months and a year.
Buying using catalogue credit can be really beneficial if you need products now but don’t have the money to buy it at the moment. Also, a lot of companies offering options to buy using shopping accounts provide huge discounts. These discounts can either be for first time users of for the existing users.
They provide coupon codes and promo codes which you need to enter while purchasing the products helping you shop with good range of discounts. Every company or brand that offers the option of catalogue credit has some or the other discounts to be availed.
Shopping account is similar to a loan account where you take some benefits first and pay later. However, you will have to read the teams and conditions before signing up for catalogue credit as some brands do charge a certain amount for missed installments and late payments.
Getting discounts with credit catalogue
Shopping accounts are a great way to grab offers and discounts that various brands and catalogues offer. Signing up to such an account is very easy as you need to just follow a few simple steps. Firstly you need to make a personal account. After that, choose the items you want to purchase and add them to your cart.
The shopping account option will be pre-selected after which you can click on “next” or “continue”. After this, the catalogue site will ask you some simple and quick questions that are to be answered.
These questions will be about your eligibility and the price limit up to which you can shop for. If you are eligible, you will be redirected to checking out. At checkout, one can use the coupon codes or discount codes that are given so that you can avail discounts. Once you enter the code and checkout, the amount after getting the discount will be added up to your personal account.
With the way the scope of online shopping and credit facilities is increasing, it has become very simple to purchase stuff on credit.
Credit catalogues are the most attractive way with huge range of catalogues under clothing and fashion, electronics, wellness and other categories. The best aspect of it is that you can repay the amount within a specific period of time with zero percent interest.
The interest rates are quite decent even if you are unable to make the payment within that period and interest is charged on the extra period of time. You just need to make sure that the brand is allowing payments after that period and at what interest rates.
Another indirect way of getting huge discounts with the help of personal shopping accounts is that you can increase your credit score. Having a reputable and a good credit rating has been always important. Making credit payments regularly and within the specified deadlines are a good way of improving your credit score.
When you purchase something with catalogue credit options and make its payment as per the requirements, you increase your credit score. This will not only help you get discounts and good credit services initially but will also help you avail great discount offers using other credit options like small personal loans and shopping with credit cards.
There are other ways with the help of which you can get huge discounts with catalogue credit.
Firstly these credit transactions are very helpful when you need to purchase products during emergencies and additional funds are required for coping with them. Moreover, almost all companies offering shopping account services come with many additional benefits that are not always just discount codes. It could be further extra discounts on specific shopping catalogues where you can initially get a discount for having a personal account and then additionally get another discount for shopping with that particular brand. This increases the amount of discounts widely.
Secondly, there are various cashback offers on your repayment methods. Once you read the terms and conditions you will know what cash back offers exist and you can make use of them. Thirdly, sometimes there is also an option of redeemable points where you get points every time you shop using catalogue credit. You can redeem and use those points to further purchase more products.