Buy Now Pay Later No Credit Check - Online Shopping and Catalog Considerations

 

Buy now pay later, no credit check online shopping and catalogs are quite appealing to many that simply cannot afford to pop for their purchase immediately.  While the options of getting a bill down the road, like a charge card or charge account are quite tempting, there are some major drawbacks to this type of online catalog shopping system.  Let’s look at some things you need to consider with buy now pay later, no credit check sellers, so you can make sure you don’t get taken for a ride when the bill comes for their computer or furniture.

Jacked Prices:

Many buy now pay later, no credit check merchants charge very high prices on merchandise, like computers, that you could get at any other catalog or online shopping site for less.  They are essentially making a huge profit on their customers.  They make the money on the item itself, often priced higher than other merchants, and they make a killing on the interest rates.   Buy now pay later with no credit check merchants that sell items at outrageous prices should be avoided. 

Interest Rates:

This is just like a charge account, so it’s understandable that you’ll have similar rates with buy now pay later, no credit check vendors.  However, this does not mean outrageous rates of interest.  If the terms are higher than the charge cards you have, you may want to avoid that catalog.  Just use caution with this one when you are shopping.

Fees and Penalties:

Just like all other accounts, you can expect fees and penalties when you get your bill if you are late with the bills to the buy now pay later – no credit check companies.  Make sure, however, that the fees aren’t outrageous.   Above all else, make sure there is not a penalty for early payment.  Some will charge you a fee if you eliminate your balance too soon.  When you make a purchase with buy now pay later no credit check online shopping sites, you should try to knock it off early.  Getting penalized for taking care of the bill early doesn’t make sense.

Bank Account Numbers:

You will generally need to have a bank account and you will need to give access to the buy now pay later, no credit check merchants, through electronic debits.  This will vary by seller of course, but many are requiring it.  This means a little less control over the funds in your account.

Bloggers Know Best:

If you are trying to make sure you don’t get taken for a ride when the bill comes, simply look up the company online before shopping with them.  This is a great way to make sure the buy now pay later with no credit check catalog you are consider using is legit. You can look up sites like the better business bureau, but these days, most people just blog about experiences, both positive and negative.  Read online posts before shopping the catalogs of any merchant with buy now pay later, no credit check options.

More by this Author


Comments 3 comments

Online Shopping  5 years ago

This is just like a charge account, so it’s understandable that you’ll have similar rates with buy now pay later, no credit check vendors. However, this does not mean outrageous rates of interest. If the terms are higher than the charge cards you have, you may want to avoid that catalog.


KAARROL KOCK 4 years ago

ITS NOT SO BAD TO HAVE A PLACE WHERE A PERSON CAN GET AN ACCOUNT WITH NO CREDIT , BUT WHAT GETS ME THEY ALL WANT THERE MONEY NOW. ITS JUST LIKE THE REST OF US WHEN WE HAVE MONEY COMING WE HAVE TO WAIT. CAN THE PEOPLE WAIT FOR US TO GET PAID AND SPREAD OUR BILLS OUT FOR AS LITTLE AS WE ALL MAKE?


eartha 4 years ago

I want to buy some thing from food network bill me later but its giving me a hassle.

    Sign in or sign up and post using a HubPages Network account.

    0 of 8192 characters used
    Post Comment

    No HTML is allowed in comments, but URLs will be hyperlinked. Comments are not for promoting your articles or other sites.


    Click to Rate This Article
    working