If you happen to be in a situation where you have a bad credit rating you should consider looking at no credit check catalogues. Instead of checking your credit history via an agency, the store will ask for recent bank statements in order to determine if you are reliable. This is ideal for someone who has recently become financially stable but has had problems in the past.
The downsides of these retailers is that they tend to have much higher interest rates in order to compensate for the greater risk. If you have not applied for a catalogue account before, you should try to get approved for a credit account with a catalogue that has high acceptance rates.
The benefits of shopping online through catalogues is that they offer a huge range of products with flexible finance options. These options include buy now pay later, pay monthly/weekly and even a combination of the two. Some stores also boast an interest free period dependant on the cost of your items.
When buying on finance, the amount of interest you will have to pay should be a large factor in who you choose to buy from. Interest charges can vary considerably with retailer, some from as little as 20% APR up to 40%, and higher with the no credit check sites. Similarly, the prices can change quite a bit with some stores opting to charge more for the product whilst making their credit check more lenient.
When it comes down to it, it is up to you where you shop from but we recommend that you check the credit options and interest charges of many stores before you buy and see if you can get accepted at the best one first before opting for a no credit check catalogue.