Best Catalog Shopping Site

What’s the best catalog shopping site?

Several catalog style shopping sites have launched recently, including a couple with an online “rent to own” business model, at least one with a standard monthly “fee” that replaces any interest charges, and still others that are like the already established catalog shopping site, Fingerhut.

We’ve actually reviewed a couple of the newer ones, and while we like the “rent to own” business model, the best true catalog shopping site, without a doubt, is still Fingerhut.

Why is Fingerhut the best catalog shopping site?

In an actual site to site comparison, we discovered several reasons why Fingerhut is still the best:

  • Fingerhut gives you all of the details up front! Not only were we able to confirm what the actual cash price for the item was, but we were also able to see the regular payment rate, the number of payments, and the full price of the item simply by using a handy chart that is available at the click of your mouse.
  • Fingerhut’s actual cash price is significantly lower for regularly priced items. The differences in prices on our comparison items ranged from a few dollars to as much as 30% higher than other comparable catalog shopping sites.
  • Fingerhut’s interest rate is highly competitive, not just with other catalog shopping sites, but also with traditional credit cards’ interest rates. In fact, the interest rate at Fingerhut is actually LESS than many credit cards these days, so you may actually save some money by purchasing through Fingerhut instead of using a credit card to purchase the exact same product.
  • Fingerhut is the only catalog shopping site that offers consumers a second chance in the event that you don’t qualify for a traditional Fingerhut account. With a mere $30.00 deposit on your first order, you can still qualify for an account under their FreshStart program!
  • Fingerhut typically starts out customers with poor credit at a $300.00 credit limit, however, once you’ve placed your order and made regular payments over a period of time, most customers end up with a significantly higher credit limit, and many qualify for the Fingerhut Major Purchase Program, where you can purchase furniture, appliances, and other high end items at reasonable prices with extended payment terms.
  • As always, with Fingerhut there is no penalty for paying the balance of your account off early, and the total amount due is always readily available on your monthly statement.

Interested in opening a Fingerhut Credit Account issued by WebBank of your own?

It’s far easier than you realize to qualify for Fingerhut.  The application is quick, easy, and secure and most people get an answer in less than a minute.  Go ahead – open your account today.

The Best Ways to Rebuild Your Credit After Bankruptcy

Looking for the best ways to rebuild your credit after bankruptcy?

Although it seems like you’ll never recover from serious credit setbacks, there are actually ways to begin the process of rebuilding your credit score after bankruptcy.  One of the best and least expensive ways is to open an account with a store/catalog sales site like Fingerhut.

Will opening a Fingerhut credit account help your credit score after bankruptcy?

Unlike a lot of other store/catalog shopping sites, Fingerhut actually has a program called the FreshStart program that was created especially for those who have less than perfect credit, so even if you don’t qualify for a regular revolving credit account with Fingerhut, you may still qualify for the FreshStart program (most people do qualify).

What is the Fingerhut FreshStart program?

Fingerhut’s FreshStart program is actually set up so that, once you are approved, you place the initial order (usually up to $300 worth of merchandise). Then, you’ll remit what is essentially your first payment on the new account, and Fingerhut will ship your order. You’ll continue to make the payments, and eventually, if your payments are timely and regular, your account may be considered for conversion to a revolving charge account. (Over time you will likely see your available credit increase and they offer specials where you pay no interest for a certain amount of time, where you can buy larger items like furniture, and much more!)

The Fingerhut FreshStart program can help you to rebuild your credit in two ways:

  1. Your timely, regular payments will be reported to the credit bureau, which will definitely help you to start to rebuild your payment history.
  2. Your available credit will be reported as well, and in the event that your credit limit is increased, that will also be reflected positively on your credit report. Just make sure that you keep your “available credit” around 75% of your total credit limit, because that is a very important factor in calculating your credit score.

And last but not least, there is another reason to consider Fingerhut – you will gain buying power!

Let’s be honest, when you have no credit, it’s really hard to buy anything (Christmas, birthdays, or just something you need around the house).  Fortunately, Fingerhut offers a huge selection of fine quality, brand name merchandise at highly competitive prices, and the prices are even listed two ways on their website: The full price is shown AND they show you the monthly payment amount, so you know how much you’ll need to pay each month before you make the purchase. (This helps tremendously if your budget is tight.)

Think Fingerhut might be the right choice for you?

(Trust me, this isn’t your mother’s Fingerhut anymore!)

The Best Way to Shop for Christmas

What’s the best way to get your Christmas shopping done when you have no money? Believe it or not, there’s still plenty of time to get some really nice gifts AND you can even get a fresh start on your credit with the Fingerhut Fresh Start program!

Did you know that most people get approved instantly with Fingerhut? Even people with less than perfect credit?

The Fingerhut Fresh Start Program works like this:

  • Start by filling out a credit application to open an account (most people start out with $250.00 credit).
  • Shop online and make a purchase between $50.00 and your total credit limit.
  • Make your first payment of $30.00 when the order is placed. Once the payment is cleared, your order ships.
  • Make 6-8 regular payments (on time) and pay off the purchase.
  • When the balance is paid off, your account is converted to a revolving Fingerhut charge account, which means you’re eligible for credit line increases, and you can take advantage of the full line of buying options for every purchase you make, including deferred payment plans, low monthly payments, and a very reasonable monthly APR.

AND Fingerhut ships your order fast… so, there is still time to have a Fingerhut Fresh Start Christmas this year!

 

The Best Way to Improve Your Credit AND Do Your Christmas Shopping

The Best Way to Improve Your Credit AND Do Your Christmas Shopping? That doesn’t even sound remotely possible, does it? How can you spend money and start improving your credit at the same time? Believe it or not, it can be done. And, we’re here to share one of the best ways with you.

Let’s just start with your Christmas shopping – if you’re like me, you’re already wondering how much it’s going to cost and where you’re going to find the money in an already limited budget (I know I am!). Unfortunately, what should be a wonderful magical holiday is actually one of the most stressful times of the year simply because it costs so much money and many of us just don’t have that kind of money available to spend all at once!

That’s just ONE of the reasons why opening a Fingerhut Credit Account issued by WebBank can be such a great way to shop for Christmas and not have to worry about how you’re going to make the payments when you get the bill.

In fact, one of the things that I like most about Fingerhut is that when you shop at Fingerhut (online or in one of the catalogs they’ll send once you’re approved), not only do you see the full purchase price of the item, but you’re also given the monthly minimum payment amount to make once you order the item.

For example, if you were to order a flat screen TV, then you would see the highly competitive purchase price AND the monthly payment amount.  I’ve ordered a couple of things for the house this way, and it really helps to know in advance what that monthly payment is going to be.   This gives you two different ways to shop – you can do your Christmas shopping and pay off the entire bill at once OR you can do your Christmas shopping knowing what you’re spending and how much the monthly payment will be when you get the bill.  (With Fingerhut, there are no January surprises!!)

The other thing that I really like about Fingerhut is this – they have lots of NO INTEREST deals throughout the year, so if there’s a larger purchase that you want to make you can order it during one of these promotions, pay it off before the expiration of the NO INTEREST deal, and save money.

Not sure you’d be approved if you applied?

Not only are the majority of people who apply for a Fingerhut account instantly approved, but Fingerhut even has a “Fresh Start” program that can help you get your credit score back on track!

The Fingerhut Fresh Start Program works like this:

  • Start by filling out a credit application to open an account (most people start out with $250.00 credit).
  • Shop online and make a purchase between $50.00 and your total credit limit.
  • Make your first payment of $30.00 when the order is placed.  Once the payment is cleared, your order ships.
  • Make 6-8 regular payments (on time) and pay off the purchase.  (This is why we’re talking Christmas in July – there’s still time to get your credit set for this Christmas!)
  • When the balance is paid off, your account is converted to a revolving Fingerhut charge account, which means you’re eligible for credit line increases, and you can take advantage of the full line of buying options for every purchase you make, including deferred payment plans, low monthly payments, and a very reasonable monthly APR.

The best part is – Fingerhut reports your regular payments AND your credit line to major credit bureaus.  This helps your credit in two different ways:

1. You build a history of regular payments with Fingerhut.

2. They report your “available credit” thereby showing or increasing the amount of credit shown as “available” on your credit report.  (This decreases your credit utilization if you’re not using the full amount available to you.)

Think Fingerhut might be the way for you to improve your credit?