Buy Now Pay Later

Buy now and pay later is a credit option that a number of retailers are offering to help their customers get what they want now and pay for it later. They also allow their customers to spread the cost over a series of weeks or months thus making payments for expensive items such as TV’s, Laptops and furniture far more manageable.

Buy Now Pay Later Catalogues
A buy now and pay later catalogue contains household goods and appliances, ranging from clothing and decorations to furniture and washing machines. The way that a pay later catalogue works is simple. You select the items from the catalogue that you want to have delivered to your home, and then you pay for the item at a later date. Payment for items is usually done on a monthly basis. How much you pay each month varies for each catalogues buy now pay later plan but most catalogs require anyone using the credit option to pay back at least 10% of the total amount of the cost each month.

Why use buy now and pay later catalogues?
Someone might want to use catalogues’ buy now and pay later option for many reasons such as getting buy now pay later laptops. The most immediate advantage of using them is that a customer can have nearly any item that they want and it can be purchased from the comfort of their own home. That means no need to deal with traffic or crowds that are a given when gong to the store, saving petrol money (which is a killer at the moment!) and the inconvenience of taking time out of your day to buy something. Another advantage of using catalogues to buy on finance, as you might be able to guess is that you can get the products you want or need at zero cost up front, and can pay later, although, some are only available to people with a good credit history. Customers with poor credit history may be asked to place a down payment before their purchase can be delivered.

Once upon a time, the only way to find a credit catalogue was to keep a watchful eye for advertisements on television or in magazines or newspapers. These days, pretty much all buy now pay later catalogues can be found on the internet. Popular catalogues include Additions Direct, Very, K&Co, and the Littlewoods catalogue. If you have used a physical catalogues’ buy now pay later option in the past, it is likely you can find the same catalogue on the web. There are many other catalogues in the UK than what has been mentioned already so review your options when ordering. A quick internet query should return numerous reviews of the various options out there. These reviews typically outline what sort of products that particular catalogue sells, and also what types of credit is offered by each catalogue. Don’t just go with the first one that you find. Review your options and make sure that the catalogue you are giving your business to offers the goods that you want with a payment plan that works within your budget.

Buy Now Pay Later Sites
It should come as no surprise that the number of buy now pay later sites significantly surpasses the number of buy now and pay later stores that only offer this payment option only in the store.

Clearly, you have far more options using buy now pay later sites over the buy now pay later stores. This is by no means a definitive list, but it should give you an idea of the options available to you. Depending on whether you choose to buy now pay later online or in store, the method of payment might be different. Using a buy now pay later site will might allow you to use your paypal account for payments, while rejecting cash payment. On the contrary, an item purchased in a buy now pay later store might only accept cash, check or credit, with no means of using your existing pay pal account to make payments. The conditions of payment vary from company to company, so be sure to check with whichever retailer you choose before ordering an item. It would be a hassle to have ordered multiple items, only to learn that you can’t make payments and have to send the items back!

Anyone planning on using a credit option for a future purchase should be aware of the different buy now pay later stores in their area and the many different buy now and pay later sites on the internet. Before you start ordering items all willy-nilly from the most familiar catalogues, you might want to review your options first. You might be paying higher interest rates than you would if you had chosen another pay monthly or weekly site. There are certain companies that only offer finance payment options in the actual store. But, the majority of catalogues and companies in the UK allow you to buy now and pay later both online and in store.

Buy Now Pay Later Stores
This is a brief list of some retailer stores in the UK that do not offer buy now pay later options online, you must go in-store:

  • PC World
  • Comet
  • Curry
  • CSL-Sofas

If you are thinking of making a purchase on credit, you can use any of these company’s websites to locate the store closest to you.