The Concept of Buy Now Pay Later Catalogs

Pushing sales, or rather selling progressive number of units is something that retailers, superstores, and mega stores do on a daily basis. One very good strategy that is implemented by retail stores is the buy now and pay later strategy. As the name suggests, the buy now pay later option gives credit to its consumers. Such catalogs are issued by a variety of retailers in the United States, and in several cases, they have proved to be a great boon, not only for the retailers, but have also proved to be quite convenient for the buyers as well.

Buy Now Pay Later Shopping Catalogs

The mechanism of buy now pay later shopping is very similar to the mechanism of credit cards. When you visit the store, you need to open a credit account with the store. In such cases, all your personal details, such as your identity, credit report, and employment status are checked by the retailer. Often a debit card number is also demanded, for security or collateral purposes. Some stores also take a crossed check that is dated to the next month as an assurance. The process principally differs from enterprise to enterprise. In some cases, the prospectus itself can be ordered home and the ordered items are shipped to your place. This is possible in cases where you are a regular customer of the store and pay through a credit card or you have a certain credit account with the store. Some stores, however, adopt deep scrutiny where in the credit report is analyzed.

There are variations in these catalogs. For example, the catalogs with no credit check are provided to regular customers, who are ready to provide the stores with income details. In some cases, certain stores also take up the risk of issuing catalogs with bad credit. In such cases, a strict income check is implemented by the store.


A considerable number of variants of such catalogs exist. Here are a few examples:

– Deferred billing is the first variant of these shopping catalogs. In case of differed billing, the transaction is completed on the purchase date and a credit is extended. Now, one must bear in mind that there is a credit limit that is imposed on the amount that can be purchased per billing cycle. One billing cycle goes on till the entire settlement is made in full. Some sellers offering differed billing cycles include, Home Shopping Network, Newport News, Spiegel, Palm Beach Jewelry, and Taylor Gifts
– Some stores even offer installment billing. Shops that sell really expensive commodities usually have this provision. Scrutiny in such processes is very strict and is almost as tough as getting a small loan. Bradford Exchange, Gettington, and Fingerhut are some examples where the installment billing is prevalent.
– Websites also tend to give such facilities where the billing cycle is prevalent at future dates. In such cases, unused credit limit on the credit card is restricted against your purchase.

Most of the stores giving such buy now, pay later facilities tend to have a limit for repayment, after which a fine, charge, or a straight interest is levied. In some stores, the interest or fee is levied by default, on all transactions conducted through these catalogs. Of late, many factory or manufacturer-controlled stores have also introduced this concept, Walmart, Apple, Massey’s, and Figi’s are some common examples.

Advantages of the Buy Now Pay Later Option

The ‘buy now pay later’ option has made shopping even more fun than it ever has been―an unabashed reflection of the consumerist society we live in today. Have you ever experienced the disappointed feeling when you just fell in love with a dress that you felt you must have, only to discover that you had run out of funds? However, now with the order now pay later choice, also called credit shopping, you can go right ahead and buy anything that catches your fancy and pay for it later.

Makes Shopping Faster
It is many online stores that have made buy now pay later shopping even more convenient, by allowing online shoppers to opt for the ‘bill me later’ option when they checkout. The experience with the bill me later option is really simple to use. Most of us lead busy lives; this is the reason why we opt for online shopping. This option makes purchasing through your computer faster than ever before.

No Need to Provide Account Numbers
The process is really fast because of the fact that you need not worry about giving your account numbers, and neither is there any waiting involved. The information that you are obliged to give with the bill me later feature is superficial, which you would have memorized anyway. This is why most impatient shoppers find this option such a boon.

It is Secure
When shopping online, most shoppers want to feel secure. Many people experience a nervous feeling every time they have to enter their account information online, particularly of late with all identity theft cases that have been brought to light. However, with this option, there is no need to give any personal information.

It Offers Attractive Credit Options
Another convenience that many stores offer is credit facilities, such as not having to pay from 90 to 120 days. In fact, some stores also waive off the interest if payments are made within 90 days. These facilities are usually offered on purchases over a certain amount, which can vary from USD 100 to even up to USD 500, and sometimes even more.

Plenty of Items Available
There are practically endless items that you can buy these days with credit shopping. From clothing items, to accessories, to bed linen, to jewelry, home appliances, to home décor items, to furniture; you name it and you will find it. In fact, many buy now pay later online stores offer myriad products at the same site. All you need to do is choose what you want to buy and simply follow the simple procedures and opt for the bill me later option.

A Word of Caution
Due to the ease of buying, you can easily end up spending beyond your means. Some day, you will have to find the money to pay off the credit card bill or the overdraft. One way to avoid that is to pay off your full bill every month. This is highly recommended, otherwise you will have to pay the interest charges if the balance is carried over from one month to another. But, buy now pay later also has the added convenience of letting you pay in installments instead of having to pay off the whole bill at one shot.

In conclusion, it must be said that the buy now pay later option provides you with great convenience due to its flexibility of making deferred payments. It even allows you to make purchases of expensive products. However, you must use it judiciously and sensibly in order to have fun while you shop to your heart’s content.