How much Interest?

Most stores offer a 0% interest rate for up to 12 months on purchases over £100. So as long as you pay off what you owe within that time period you will only pay for what you bought!

When do I have to pay?

That's one of the best things about buy now pay later options. You can choose to pay weekly, monthly or nothing at all for a certain period. All of these options are interest free for a set period too!

How do I do it?

It's simple! Just visit the stores online site, apply for a credit account, and once approved just shop for the items you want and choose the credit option that suits your needs and budget best.
Today’s consumer is surrounded by options. The latest gadgets, clothes, furnishings, are all available in several colours, styles, and versions, to suit individual taste and needs. In this scenario, it often becomes difficult to decide where to spend your money, especially since these items can be a big strain on your budget when paying upfront. The solution lies with buy now pay later stores. These are stores offering a scheme whereby you can purchase all the products you need today and pay nothing for up to 12 months. With options like credit cards and loans no longer being financially feasible or cheap, this credit option offered by stores can be a boon for those looking to make a new purchase.

There are many stores in the UK which offer buy now pay later such as catalogues. Argos, for example, only requires a 10% deposit in order to set up a credit account. Their range of plans includes six month plans, twelve month plans, or more, depending on your needs. You can pay the pending amount in installments or in full before the end of the stipulated period. At Argos you can shop for a range of IT and electric products, but there are others such as Fashion World, Furniture Village, Littlewoods, etc which offer this finance scheme for a range of products including furniture, clothing, electricals, etc.

There are many advantages to purchasing at a buy now pay later store. At most of these catalogues, the whole process is interest free if you manage to pay before the expiry of the plan you have chosen. There are no additional costs, so the scheme is much more cost effective than credit cards or loans.