Buy now pay later catalogues have become a popular way for individuals to be able to get the things that they want or need without having to pay for the entire balance up front. Some catalogues such as Littlewoods require their customers to undergo a credit check before they can be approved for financing while other stores such as Pay Weekly Store offer no credit check options.
How to Apply
To apply for buy now pay later catalogues you can either apply in person, online, and sometimes via phone depending on the catalogue. However, before you are approved for the buy now pay later program you are going to have to meet with a representative in person to provide them with the required documents that they are going to need to make sure that you meet their eligibility requirements.
Buy now pay later catalogues are a great way for those who do not have the entire amount needed to buy the desired item outright. If you get your item through one of the catalogues that require a credit check prior to approval you will be awarded with the most benefits versus if you go with a catalogue that does not require a credit check. You can find some of the main benefits of buy now pay later catalogues listed below:
- Improved credit rating: When you go through one of the buy now pay later catalogues that requires a credit check you receive the benefit of having them report your payments to the major credit reporting agencies. If you make all of your payments on time or pay off your outstanding balance early you will find that it will affect your credit report in a positive manner.
- The items you need faster: When you choose to get items via a buy now pay later credit card the main benefit that you are receiving is being able to get the items that you want or need even when you do not have the money to afford them all at once. Furthermore, by being able to pay off your balance gradually over time you are enabling yourself to avoid a financial burden.
- Builds Credit: If you have no credit and are trying to establish credit buy now pay later catalogues can be a big help for you. Since the catalogues are going to be reporting to the major credit reporting bureaus you will be able to establish your credit rating in no time at all as long as you continue to make your payments on time.