After the economic recession, it has become almost impossible to buy anything on cash because you have to have stringent restraints on spending. It is therefore noteworthy that when planning to purchase a TV or any other electronic gadget, you have to save until you accumulate the required amount of cash. Buying a TV on finance is another option where you get the television and pay for it later as compared to waiting until you have enough saved.

TV’s on Finance
Checking out catalogues offering TV’s on credit will be the first step in making the purchase. It is important to understand that many catalogues will not be stocking the older generation TVs because of their low profits and being obsolete but will be more stocked with the newer flats screen TVs including LED’s and Plasmas. The following catalogues will allow you to purchase TVs on finance if you pass their credit and affordability checks:

  • Argos
  • Littlewoods
  • Homebuy
  • Dial a TV

Buying now and paying later on TV’s
The buy now pay later policy offered by these catalogues makes them ideal for those of us who struggle to save. All you need to do is apply online for a credit account and after a quick credit check, the catalogue will let you know if you’re approved or not. After which you can go ahead and start shopping. Littlewoods have a great pay weekly option on TV’s which lets you pay a small sum per week with no interest if you pay off what you owe within 12 months. You can also choose to pay monthly if you prefer.

Whilst not in a hurry to purchase but still wanting to buy a TV set on credit, it is be advisable to maximize your down payment and have credit points in order to reduce the number of installments and the amount payable. This will cut both on the price and interest charged. When faced with bad credit, you could also offer collateral in order to be able to make your purchase while the collateral stands as security.