Free Credit Catalogues with no credit checks
Merchandise or catalogues cards are a provisional line of credit that are unique in the realm of credit cards providing you with finance fast approval.
With a few exceptions, these credit cards offer a guaranteed approval with no credit check and high credit limits regardless of your good or bad credit score. If you are looking to rebuild your credit score, the credit catalogues can help you achieve your goals provided you use it wisely.
The card can only be used for shopping for the issuer’s merchandise in their catalogue or online web-store; you are unable to use the card for outside everyday purchases, to make travel finance arrangements or car reservations and therefore help to keep you from overextending yourself.
As with any credit card, you should be certain to look carefully at the terms and conditions before applying; including analyzing and educating yourself of what you are able to get with your card and what your limitations are. Consider the following before committing to any catalogues:
* What products and services are available? Look carefully at the catalogue or website to see if the merchandise is what you need and compare the prices of the items to what you might expect to pay at a store. If the catalogue requires membership before viewing prices this may be an indication of seriously inflated prices.
* What will the card cost when all is considered? You can expect an application fee that can be as much as $150; however, some cards refund this if you cancel within a specified time. Look at the credit like you would a loan or bad credit loan and be leery of inflated fees and hidden costs. In addition shop around for the company with cheap fees and low interest to get the best deal and avoid a situation that leads to financial ruin.
* Will you rebuild bad credit? Check the terms and conditions to see how often the issuer reports your activity to credit bureaus and which they report to. The more often and larger number of bureaus reported too will quickly rebuild your credit.
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