Even though the economy is a lot better, it’s still hard to find the money to buy Christmas presents! In fact, there are times when it is nearly impossible to squeeze a few extra dollars out of your monthly budget, and this makes Christmas one of the most stressful times of the year for most of us. But, if you don’t have the money for Christmas, you do still have a few really good options to get the gifts that you need and not completely ruin your budget.
Of those options, one of the best is to consider applying for credit with a catalog shopping site, like a Fingerhut Credit Account issued by WebBank , so that you can take advantage of one of the many holiday promotions that they’re offering this month! From free shipping to no payments til Spring to low, low monthly payments, if you’re looking for the best way to buy gifts, you might want to look at catalog shopping.
Oh, and yes, there is still time to get approved, place your orders, and have everything wrapped and under the tree before Christmas!
Right about now, your mailbox is stuffed with Black Friday ads for the impending holidays, and catalog shopping ads offering you “Preapproved” credit of $300.00 or more with your first order… but is catalog shopping really a smart way to handle your Christmas shopping? Catalog shopping can actually be far better than trying to fight those “Black Friday” shoppers, and depending on how you handle the buy now / pay later option, you could have a stress free Christmas!
At first glance, that preapproved credit line can be very appealing, especially if your credit is less than perfect or if you don’t have enough money saved to actually pay for holiday shopping. But should you actually take advantage of the offers in your mailbox or should you consider alternatives?
Obviously, if the offer in your mailbox is from a well known, respected catalog merchant, like a Fingerhut Credit Account issued by WebBank, then you’re probably safe in sending an order in based on what’s in the catalog, but if you don’t recognize the catalog merchant or it’s just an application for credit, I’d be a little leery of sending in a written credit application. Instead, find the merchant online, read any independent reviews you can find, and apply online once you’ve determined that the vendor is legitimate.
Applying online is also typically faster as most applications get near immediate responses AND once you’re approved, you can usually shop the same day. However, it’s best to take your time, study the products you’re interested in, study the pricing, and then decide how you’ll pay for what you plan to order before you actually place the order. You don’t want to be surprised by the payment terms (or interest rates) when the bill comes in after the holidays are over. Some sites, like Fingerhut, actually post the monthly payment that you’ll need to make along with the full price of the item, so you can determine if you can afford the payments.
Personally, I prefer to make a plan to pay off the account balance early if at all possible, so that I can save money on the interest rate AND see the little bump that I get on my credit score when I pay a balance in full. But in the event that you can’t pay it off early, then do try and pay extra when you can so that you, too, can save a little on the interest rate over time.
Remember, catalog shopping in itself can be a lifesaver when you don’t have the cash to buy the things that you need to buy, but you want to be a smart catalog shopper and use your credit wisely above all else.
At Fresh Start Card Offers, our goal is to offer you as many choices as possible when it’s time to get your Fresh Start!
From time to time, we run across offers that we’re sure will interest you! For example, Emporium is another very popular catalog shopping site that doesn’t get as much attention as it should – but we’ve found it, and you can check out this link to a special offer from Emporium!