If you are one of the millions of people with a bad credit rating or poor credit history then it can be difficult for you to get a catalogue account at one of the home shopping catalogues featured on our site.
However, just because you have bad credit, it does not mean to say you won’t be accepted for a catalogue account, just that the terms and conditions of your account may be different from the advertised “representative APR” for example and the amount of credit offered to you, known as your “credit limit” will be substantially lower than other account holders.
Catalogues With No Credit Checks?
If you’re looking for catalogues that don’t perform a credit check, then you’re out of luck. All home shopping catalogues with credit accounts that are featured on our website all perform some form of credit check or credit search on your personal credit file. This is to ensure they comply with UK legislation with regards to responsible lending criteria, enabling them to obtain a consumer credit license or work with companies to offer you finance and credit on these terms.
Unfortunately there are no catalogues or stores that offer credit with guaranteed acceptance for an account. When you apply, a credit check will be made and your credit report will be assessed in line with the individual catalogue or stores lending criteria to evaluate the risk of you not repaying or defaulting on any credit agreement. Companies will use credit scoring techniques, invidual to each catalogue company to decide whether or not to grant you a credit account and if so what credit limit (how much you can spend) to give you.
How to Increase Your Credit Limit
If you have been accpeted for a catalogue account with a low credit limit, you can usually have this limit increased once you have built up your trust rating with the catalogue company. You can do this by making regular payments to your account, never being late and keeping your account in good order, at least for 6 months or more. You can then ask the catalogue company to increase your credit limit, at which point they may perform another credit check before making the decision.
How To Increase Your Chance of Acceptance For A Catalogue Account
When you apply for a catalogue account, a credit check will be made on you. A decision on whether to accept you for an account is based on various criteria and assessment of your credit report held by the UK credit reference agencies. To increase your chance of acceptance you’ll need to improve your credit rating and overall credit score. You can find out more about this at our sister site, Understanding Credit.
You are more likely to be offered a credit account to shop online at stores like Brighthouse which have a higher acceptance rate with less strict criteria on borrowing. They’ll still perform a credit check on your file, but if you have a bad credit rating, poor credit history or CCJ’s then you can still be accepted, though watch out for the high APR.