Catalogues providers that do not require credit checks can be a lifeline for those
people finding it impossible to qualify for a credit card or any new line of credit. Since the problems with the economy many banks, credit card companies and retailers have been very strict in who qualifies for their refinancing products and services. In the past you would be able to get away with even a below average credit score however, in the current economy that is not going to work. In order to qualify for credit in the current economy you need to have at least a good credit score rating.
Banks and credit card companies will not lend to you until they determine your credit risk. Your ability to qualify for new credit lines will be reduced if you have a low credit rating score as a result of poor borrowing and spending habits. Without credit it can be very difficult to buy essential items for you and your family. For this reason catalogue companies that do not require credit checks offer people with low credit scores an opportunity to buy their necessities.
Catalogue companies like these are very similar to the mainstream catalogues as they also have a wide range of products such as white goods and electronics. No matter how bad your credit rating you can apply however, it is important to point out that the credit limits you will be given will be much lower compared to traditional lines of credit. These credit limits will also limit the types of items that you can buy. For these reasons, it is highly unlikely that new account holders will have the credit lines to purchase the more expensive items. Although, with time your credit limits can be increased if you consistently settle your accounts on time each month.
Nowadays you will not find it difficult to find a catalogue that offers a no credit check facility. With the internet this is made much easier with more catalogue companies offering no credit check services. However, with more choice comes the problem of choosing the right one. Prior to making a final decision you should base your choice on a catalogue that meets your requirements. For example, criteria for choosing the most suitable one can include the application and processing charges, interest rates, limits on how much you can spend and the types of products being offered for sale. By basing your decision on these criteria you will have a better chance of selecting a catalogue that will service most of your needs.