Shopping online makes even more sense now that the world has gone through new buying pattern of their mobiles apps after the serious pandemic ends.
Therefore, online shopping sites with credit lines and sites that allow customers to buy now and pay later have become quite popular these days.
In this article, we will review some of the best online shopping sites with credit lines, how they work, and which one you should try next time. Here’s a quick list for you to check out.
- Lend You
- Midnight Velvet
- Monroe and Main
- Swiss Colony
However, before that, here is a quick recap of something you should be aware of.
Recap: What Is a Credit Line?
When you own a credit card, a credit line is perhaps the most crucial aspect of its use.
You can view it as the amount of money that the card would allow you to use. It is regularly renewed when you repay whatever amount you have used from the allotted funds.
Simply put, credit line is a type of a loan that you can use via credit card at a time of need and then pay it off when you have the money.
Different credit cards come with different credit lines and the exact amount may also vary from person to person.
For example, some credit-rebuilding credit cards offer restricted credit line to customers who have a poor credit score and wish to improve it as a way to help them learn financial management.
Online Shopping Sites With Credit Lines – Buy Now Pay Later Options
By now, you might be wondering, why not simply pay with your credit card? What makes shopping sites with credit lines so important?
- Let us explain this to you!
When you are purchasing stuff online, you either give cash on delivery or pay via debit card or credit card.
Sites that accept payment via credit lines are quite handy because they don’t require you to credit card at the time of purchase.
You can instantly buy the items you need through your credit and pay it off later. In most cases, there are no credit checks and your credit score will not be a problem either!
Moreover, websites that allow you to pay with credit line are very helpful when making large purchases for which it might be difficult to pay up-front.
So now that you are aware of all the benefits that these shopping sites can win you, it is time we explore our top 11 picks for online shopping sites with credit lines.
Why you should choose Fingerhut
- The most popular online store that lets you shop with credit line.
- Shop online and pay bills in-store if you need it.
- Avail free catalogs once every two months.
When it comes to shopping online at stores that offer credit line use, Fingerhut is our top choice.
You have to sign-up after which the company will send you free catalogs once every two months.
Then you can use either the Fingerhut credit card or their FreshStart loan to purchase items and pay later.
Some customers with poor credit score have been turned down so it is safe to say that you require at least a fair score to be approved.
Moreover, each buyer has to make a down payment at the time of the purchase. This will be equal to $30 if you are using FreshStart loan.
Why you should choose HSN
- There are no annual fees.
- Every product you buy here can be easily exchanged or returned.
- The website makes special offers from time to time.
The Home Shopping Network website is an ideal place to head to when you wish to shop with your credit line.
You can make an application online and wait for the approval. Keep in mind that HSN does not have as high of approval numbers as some other websites that we will discuss below.
Once you become a member here, the website charges no extra fee and puts forward special offers as well.
However, make sure that you clear payments on time because HSN charges $1 as interest fee. You can find out more about this on their official HSN website.
3. Lend You
Why you should choose Lend You
- Connect with reliable lenders
- Approval for the loan is possible instantly
- Money will be sent to the recipient account immediately
Lend You works a bit differently. Instead of letting you purchase with your credit line and pay off later, this website will connect you with lenders who are willing to provide you with the funds you need for the purchase.
Approvals for decent amount like $1000 is possible almost instantly after request. Moreover, the money will be sent directly to your account.
Since the funds will be at your disposal, it is up to you to decide on which website you wish to utilize them.
4. Midnight Velvet
Why you should choose Midnight Velvet
- Best collection of updated fashion trends.
- Easy to complete sign-up process.
- One of the best approval rates in the market
This go-to website for fashion fanatics is loaded with up-to-date clothes, shoes, and jewelry that you will find no where else.
You first have to create an account but, luckily, the process is quite simple. Once you are logged in, purchases can be made either online or you can opt for a physical catalogue.
Also keep in mind that Midnight Velvet is one of the few online shopping sites with credit lines that does carry out a credit check. However, the authorities have not mentioned any threshold score that buyers need to have for approval.
The interest rates are considerable so the best way to avoid them is to pay during the interest-free period. Late payment is also applicable so watch out!
Why you should choose Ashro
- The entire process of purchase is easy to complete online.
- The catalog is available for free.
- Response to application in 24 hours.
Ashro is a hub for all the Afrocentric attires and more. You can select the item, make the purchase, and complete credit submission online in matter of minutes.
The catalog is available for free online but you can also obtain the hard copy by signing-up at their official website.
The response to any application is finalized within 24 hours. There is no specific credit score requirement although a fair score will improve your chances of approval. Watch out as late payment fee and APR is applicable.
6. Monroe and Main
Why you should choose Monroe and Main
- Offers Monroe and Main credit card.
- Approval after the application is expected within a day.
- Offers free hard copy of their inventory.
Monroe and Main is another website that hosts commendable collection of men and women’s wear. You can buy in-store or shop online with credit line.
However, you can online benefit from the program once you have Monroe and Main credit card. You can apply for it right now and, if you are lucky, you will be approved within 24 hours.
The site mentions credit check as a pre-requisite but no minimum score has been specified. Once you are ready to purchase things, keep in mind that late payment fees and variable APR are applicable.
Why you should choose LeaseVille
- All products are of high-quality.
- The product range is enough to satisfy each and every visitor.
- There is no credit check requirement.
The website has a product range to satisfy wide customer base. You will definitely find something of your choice here whether its a vintage jewelry set or a microwave for your home.
There is no need for a credit check but LeaseVille might assess your income history before approval. Here are two major requirements for approval:
Income of at least $1000 per month.
Working in the current place for at least 6 months.
A bank account that has been active for at least 3 months.
Late payment fees and lease fees are applicable for each customer. These are discussed in more detail on LeasVille’s official website.
Why you should choose Massey’s
- Application is typically followed by instant approval.
- Certain buyers can make the first payment after 30 days.
- Lower fees for those with higher credit score.
The website lets you use Massey’s credit to make instant purchase from a beautiful range of products. Similar to Fingerhut, this online store also prefer applicants with at least a fair credit score.
The application submission at Massey’s may or may not be followed by instant approval. It is best to wait at least 24 hours.
Buyers with low credit score are required to make a down payment. In contrast, those with fair to excellent score can make the first payment after 30 days.
9. Swiss Colony
Why you should choose Swiss Colony
- The biggest online bakery in the US.
- Easy-to-complete online application form.
- Monthly installments as low as $10.
Away from the all sites that offer clothing and accessories, Swiss Colony is an credit line online store that hosts a large collection of food items.
It works just like the other online shopping sites where you can pay using your credit line and access the funds immediately.
However, the minimum order is $75 with $10 installments every month.
Why you should choose Stoneberry
- Great customer support service.
- Largest collection of electrical equipment, garments, shoes, etc.
- Installments as low as $5.99 per month.
It is a commendable ecommerce store where you can sign-up in a single step. Once you are in, you can choose from a variety of products and pay via credit line.
Some late payment fees and APR are applicable so you have to ensure that you clear the payments on time.
Why you should choose MDG
- The most reputable and reliable online store with credit line.
- Allows up to $3000 credit limit use.
- Approval rates are high.
The last but not the least is MDG which is one of the most reputable online store for the past two decades. It maintains the most friendly relationship with its consumers along with a wide variety of available products to satisfy broad customer base.
Attention! MDG has been awarded Consumer Choice Award multiple times!
Although MDG can provide you with other sort of equipment as well, it is mostly known for electronic gadgets, appliances, and gaming equipment.
You can access up to $3000 credit line on this online store. This is a huge advantage considering most other e-stores only allow clients to use up to $1000. Nonetheless, an online application and consequent approval is a must.
How Do Online Shopping Sites With Credit Lines Work
Most of the shopping sites that we have discussed above follow the same mode of work. You have to create an account with user ID and password.
Once you have logged in, there will be a sign-up application for you to complete.
As soon as you have the membership, credit line can be used to make as many purchases as you can afford.
Some of the stores offer interest-free period in the start as a perk for newbies.
This ranges from six months to a year may be after which the interest can shoot up to 40%.
Once the interest-free period is finished, every buyer needs to pay a monthly fee on top of the costs of the items purchases.
There are many reliable online shopping sites that accept payment via credit line. However, the trick is to choose the best service considering the quality of their products, delivery, customer support, as well as easy approval.
Moreover, it is important to make the payment as soon as possible if you wish to avoid high interest rates. The interest can be as horrifying as 40% so that may seem like paying double the amount of money for the purchase.
Timely payments will also help improve your credit score so that is one thing about online credit line shopping that you can use to your advantage.
Before You Go!
There is a huge difference between sites that let you buy now, pay later and those that charge it to your credit line. Former websites require you to make an initial payment while the rest is divided into installments. Later ones deduct it from your credit and you have to refund much like you would do with any other type of credit card payment.
Frequently Asked Questions about Online Shopping Sites With Credit Lines
Is Stoneberry better than Fingerhut?
Stoneberry and Fingerhut are similar websites that allows customers to shop with their credit lines. Both of them do not charge any annual fee or overlimit fines. Therefore, you can use them as alternatives to one another.
What is the easiest line of credit that I can get to make online purchases?
Credit One Bank Platinum Visa card and First Progress Platinum Mastercard are two credit cards that come with easy approval and appropriate credit lines. You can apply for them right away, and once approved these can be instantly used for online purchases.
Do I need good credit score for shopping at online stores that accept credit lines?
No. In most cases you can easily shop online with credit line without worrying about a poor credit score or unstable credit history.