A Guide To Catalogues With Credit Accounts
The rise of e-commerce has put many brick-and-mortar shops out of business. No matter how positive an experience entering a shop can be, it’s hard to compete with the ease and affordability of online shopping.
What kept many people from committing to online shopping, the shipping fee, has been eliminated by numerous online shopping and catalogue sites that offer their customers free shipping with a purchase over a certain amount.
Although online shopping has been gaining steadily in popularity over the last couple of decades, it is still a relatively new thing for many people, and for those just entering the world of online catalogue shopping, it can involve a bit of a learning curve. This guide to catalogues with credit accounts can provide you with all the information you need to make an informed online catalogue shopping choice.
What Exactly is a Catalogue Credit Account?
When it comes to online credit catalogue shopping, understanding what the process involves and how to make your choice of where to shop is key. While many online shoppers approach an online catalogue as something to browse through and shop from, what they are really in need of is a credit catalogue.
A credit catalogue is a shopping option whereby you can shop to your heart’s content and not have to pay the full amount at once. Most have a variety of payment options to suit several budgets and finances.
Catalogue Account Payment Plans
One way to help narrow your options of which catalogue to shop from is to check out their payment plans and policies before committing to ensure they suit your needs.
If you are looking for short-term credit, there are several catalogues that allow customers to enter a weekly or monthly payment plan. These options are good for someone who has a steady influx of funds to continuously pay down any accumulated shopping debt, but who might not have the full amount at the time of shopping.
Delayed payment is another popular option, and there are catalogues out there that allow you to collect your goods without paying for as long as a year. One policy to investigate with this option is when interest starts to accumulate and how much the interest rate is.
If interest starts accumulating one month into the one-year period, the amount you got credit for will be significantly higher to pay back at the end of the payment-free period. Remember “payment-free” doesn’t necessarily equate to “interest free.”
How Do I Apply for a Catalogue Credit Account?
Once you find a credit catalogue you are interest in shopping from, the application process is generally very simple.
One thing that many people don’t realize is that approval isn’t guaranteed. Remember, getting credit from any institution or company is like borrowing money, and any smart lender wants to ensure their borrowed money can and will be paid back.
Your Credit Rating
Your credit rating is an important part of many credit catalogue approval processes. While many won’t accept an application if a person has a poor credit rating, there are catalogues known as ‘bad-credit catalogues’, and for someone with a bad credit score, these catalogues are your best bet.
There are also catalogues that advertise their application process with no credit check, and this is another option for those with dubious credit histories.
The downside to applying to catalogues that accept those with bad credit is that they view these customers as ‘high risk’, which means repayment at a higher interest rate.
For those with no credit issues, applying is a snap and most often involves entering some basic information such as full name, date of birth, address, phone number, e-mail, and fulfilling the requirements of their credit check request. Most often, credit is approved or denied within only a few minutes. Once your account is approved, you can start shopping immediately.
What Types of Different Credit Catalogues are There?
When it comes to credit catalogues to peruse through at your leisure, there is basically any type you can imagine:
- Home décor
The Shopping Process
Once you have chosen your desired catalogue, have applied for a credit account, and have been accepted, the only thing left to do is shop.
Online credit catalogues have a simple online shopping process supported by user-friendly sites and simple-to-follow instructions.
Once you find an item you would like to purchase, click on it and read all pertinent information such as sizes, quantity, colours, measurements, etc.
Most often there is an ‘add to cart’ or ‘purchase now’ option, and that simply means adding an item to your virtual shopping cart to pay for when you are done your shopping session. From your ‘cart’ page, there is generally a ‘return to shopping’ option that you can click on to continue shopping and adding or removing items from your cart as you go.
Can I Return Items to a Catalogue Credit Account?
Credit catalogues make their bread and butter off keeping their customers happy, which is why they often have excellent shipping and return policies in place.
A reputable credit catalogue will provide a customer service number to assist with FAQs or return policy questions. Most catalogues accept items that are shipped back to them in saleable condition and will provide your account with a full credit reversal.
Make sure to check the return policy before you purchase an item.
There are an also a number of sites out there that review online credit catalogues, and this is a good option to gauge the experiences of others with catalogues you are considering committing to.