There are some web sites on the Internet that offer credit cards to people, that are actually unique. In this sense, the credit card issued can only be used on the particular merchandising site. This is a perfect opportunity for those with bad credit to in a way rebuild their credit.
By being approved for one of these types of Internet credit cards they have the ability to purchase products on the web site, and pay them off.
This of course goes on your credit report so it looks good to others that see you are paying on some kind of credit card.
Some web sites that offer these merchandise credit cards extend you the credit as long as you are buying products from their web site. It can be used for almost all of the products they have on their web site however in some cases if the amount of the product is fairly high they will ask for a small down payment.
Several people are going with these web sites that offer credit cards on their site only simply because they do have decent products and occasionally get new products.
Seasonal items are also listed during those times of the year when it is the appropriate time and the web site knows these products will sell.
Using the web site credit card, you have monthly payments of course, just as if it were a regular or standard credit card, however the interest rates might be somewhat lower and you cannot qualify for cash advances. It is for the sole purpose of purchasing items off of the web site offering the credit card.
These merchandising web sites that offer credit cards for use explicitly on their web site is becoming more popular and more people are starting to use them.
There is a fee to get the initial credit card from the web site as well. But through the United States postal service you are also sent a catalog with their complete line of products on the site. If you go to the web site looking for a product and its in the catalog, however you cannot find it on the site, in most cases you simply type in the item number, if it comes up that the item is sold out, you will be asked if you’d like the web site to back order it for you.
Although there are a few other web sites that offer this same type of merchandising credit card that have hardly any kind of product line whatsoever. These could be web sites just starting out, or on the other hand web sites that are going to close out their web site and are simply not reordering the products like they should. In this case, they will probably recommend that you order directly from the catalog using the toll free number which is also available for most of these web site merchants.
This type of credit card usage is beneficial to many people, that don’t like to get out among people very much. Or for those who do most of their shopping on the Internet and don’t want to get into the hassle of people. Especially during the holiday seasons as well as different times of the year.