Previously on The Millionaires Giving Money Blog I wrote a post on how people on low income could use buy now pay later catalogs with instant approval if they needed to make an emergency purchase. That particular post received a lot of attention and appreciation so I thought I would write another thorough post with 10 Buy Now Pay Later Catalogue sites to help Low Income Families to make ends meet.
This website was originally started to connect millionaires and billionaires with low income families but since then it has blossomed into a place where unconventional personal finance ideas are embraced!
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Buy Now Pay Later Catalogs offer flexibility to purchase an item now and then pay it later. There are some catalogs which offer interest free periods which means you need to pay anything for up to 12 months. You might also have the facility to defer your payments so there's nothing to pay for the first 6 months. Buy Now Pay Later catalogs are useful when you need a Household Item Urgently. Say for example your freezer is beyond repair you could buy product from a catalog and then spread the payments.
Having a Buy Now Pay Later facility allows you to spread the payment so you don't have to take out nasty expensive payday loans. Buy Now Pay Later catalogs also offer a credit facility to people with bad credit. The limit you start off with is low but you can build this up once you establish you can make payments on time and regularly. So now without further ado here are my 10 favorite buy now pay later catalog sites which may have instant approval in 2016.
Top 10 Buy Now Pay Later Catalog Websites
BNPL 1: Fingerhut
Fingerhut was founded in 1948 so a very reputable company which treats customers properly. There is a real family feel to this business and website and you're well looked after with the customer service however small your purchase might be. Fingerhut is also quite lenient with its Credit Approval offering and offers a wide variety of household items from electrical to clothing. With Fingerhut no down payment is required and you can make monthly payments on large purchases.
Resources: Apply for Fingerhut Credit Account
BNPL 2: Flex Shopper
With Flexshopper you will get very Lenient Credit Approval so if you don't have the best credit in the world you could try your luck here. There are no down payments required and no pesky hidden fees to content with. You have the opportunity to be approved for a large credit limit of $2500 which can be used to buy however many products you require as there is no limit.
You can make small weekly payments over 7 to 29 days and there is no commitment over the long term. Flexshopper also accept returns so if you no longer need your product then you can return it as long its in its original condition. Flexshopper is great when you need to buy a household item urgently and want to avoid high interest loans.
Resources: Open a Flex Shopper Account Today
BNPL 3: Gettington
Gettington offer incredible choice with their extensive catalogue. They also have a very lenient credit approval process where the limit is increased quickly so long as you make payments regularly and on time. Making larger payments and clearing the balance sooner will get you points which might your credit limit further.
With Gettington you have two options when it comes to spreading the cost of your shopping. You can choose a four payment period spreading cost over 4 payments or the 24 month payment period. Also with Gettington you get variety with all the products in its catalogue, you will find brands such as Nintendo, Samsung, Dyson, Sony and Apple. Gettington also have a price promise whereby if you order a product and the items price is reduced before shipping you will have the difference returned to your credit account.
Resources: Gettington Instant Credit Approval Application
BNPL 4: Ginny's
Ginny's customer service is one of the best I've experienced. The online customer satisfaction stands at 100%. With Ginny's you can reduce your payments to as much as $20 a month over a long period of time. The products are also competitively priced. You can also apply couponing to this catalogue where coupons and special offers can be found on their Pinterest and page. You should ideally use Ginny's if you want
Resources: Ginny's Credit Application Instant Approval