Buy Now, Pay Later
Strapped for cash with Christmas or a birthday coming up? Need to buy something now but cannot pay till the check comes in the mail? No problem. There are numerous catalogs and major retail outlets that allow customers to use their "Bill Me Later" feature. Using these features, you can pay the entire sum at a later date or pay in monthly installments until you have paid of the sum.
These pay later services work just like credit cards do. After you select to be billed for your purchase at a later date, you will often be prompted to choose whether to pay off all of the balance or pay a minimum monthly payment, just as you would with a credit card. Also, just as you would with a credit card, you do not pay by the due date, you will be charged a variable annual precentage rate. Various stores have varying interest rates.
This feature has become so popular that top retailers Apple.com and Walmart.com offer a Bill Me Later feature that works just like a credit card would. Order anything you like and if you are approved, pay it off as you like.
Outlets that allow you to Buy Now and Pay Later:
-Walmart: Anything you can think of
-Apple: Computers, Computer equipment and electronics
-Masseys: Online women's shoe store
-K Jordan: Women's clothing, shoes and accessories
-Montgomery Ward: Furniture, clothing, electronics, almost anything
-Lew Magram: Women's clothing, shoes, accessories
-Silhouettes: Women's clothing, shoes, accessories
-Figi's: Gourmet food and gifts
-LTDCommodities: One of the most popular catalogs, offers just about anything you can think of.
You can also consider taking out a credit card for a short period of time. Simply pay off the minimum monthly payments as you would with a Buy Now, Pay Later catalog except that you can do it with any store you want.
