Your first order with any Catalogue Company is going to be Subject to Identity, affordability and Credit Checks.

It all Sounds very scary but it’s nothing to worry about.

No Credit Check Catalogues

There is no such thing as a No Credit Check Catalogue.

All Catalogue companies have a legal requirement to ensure responsible lending and to carry out Identity checks (which are done online) via a credit search.

Being registered on the Electoral Register is going to improve your chances of being accepted for a Catalogue with Credit immensely.

Catalogues for bad Credit…

The good news is that opening and running a Catalogue account can help you improve your credit rating.

Simply place an order and make the repayments on time each month and remember to stay within your credit limit, If you don’t, you could hurt your Credit Rating.

Credit Catalogues & Credit Scoring…

Catalogue companies will credit score your applications when you apply. 

Credit Scoring is a formula only known by the Lenders themselves and they will score hundreds of pieces of information from your application and the information they receive back from the Credit Reference Agency.

Credit Scoring varies from Catalogue to Catalogue, for example, some are easier to be accepted than others if you have a Checkered Credit History.

The main purpose for Credit Scoring is to help them make a decision on how you will run a Catalogue account, it’s designed to protect them from losses and risks.

Credit Catalogues for people with Defaults, CCJ’s…

A lot of people with a Poor Credit rating have been accepted for a Catalogue through Credit4everyone.

This includes customers with previous County Court Judgements, Defaults and even those with discharged bankruptcy.

We also help those who are trying to build their Credit History from scratch. Starting a Credit Journey can be just as hard as rebuilding one, as you won’t have past borrowing history, therefore it’s hard to show any lender how you will run your affairs. 

Customers who are new to credit can find it easier to be approved for a Catalogue than other financial products such as Credit Cards or Personal Loans.

If you are looking at getting on the Credit Ladder or rebuilding your credit you should apply (and keep your first order) to a low value.

Please ensure you can afford to make the repayments before you apply, a Catalogue is a great tool to building or rebuilding your Credit rating, but only if used correctly.

Your First Order – Buy now pay later Catalogues…

Your first order is very important. You may of picked out several items (for example) A brand new pair of Designer Jeans, A top of the range Hoover, a new Shiny Washing Machine.

Catalogue companies are much more likely to offer Small Credit Limits at the beginning. Often too low to make several purchases at one time.

The main purpose of setting such low credit limits is to see how you manage the account and how you make your repayments.

By keeping your first order low, you are much more likely to be approved.

Customers who attempt to buy High End Electrical items such as 50 Inch Televisions or High End Laptops are going to find their orders declined than those opting for a small item such as a Kettle.

So try and keep your first order value low. It’s going to help and make it a lot more likely for approval.