A Guide to Stress-Free
This year, thousands of bad credit Brits will try and fend off the pressure of Christmas shopping by leaving it until the last minute.
With so many other financial concerns at the moment, it’s easy to understand why, but a Bad Credit Loans 4 You spokesperson warns against this; “Retailers are aware that a lot of people will be doing their shopping at the last minute this year and many will target you because of that”.
“You won’t necessarily get the best deal or even the item you need, plus they will try and panic you into buying something you don’t actually want”.
The 16th September marks the 100 day countdown to Christmas, so we have written a bad credit guide to surviving the festive season with as little stress and hassle as possible:
Its Never Too Late to Start Saving
Only 100 days left until Christmas? Don’t panic, there is still time to set aside money for this year’s Christmas spending spree.
Even if you only put small amounts aside each week or month, it will still reduce the burden of solely using December’s pay packet to cover all the costs.
Who knows, you might even have some left to buy yourself a treat in the January sales for saving so well!
The Credit Card Flexible friend? Look for the best deal
Warning: this is only recommended for the disciplined shopper!
If you are confident that you will only spend what is necessary and not what your credit limit allows, then there are some good cashback reward schemes around.
Any Cashback earned can then be put away for next years shopping or help out with any bad credit problems that may occur in the new year.
Try and pay off your bill at the end of the month, otherwise any rewards you’ve earned could be cancelled out by the interest you will pay.
If you know you won’t have the money until a couple of months into the new year, find a credit card that has a 0% offer on its initial purchases.
As of going to print Tesco’s credit card offered 13 months 0% on initial purchases, just make sure you pay it off in time before next Christmas comes round!
It may be difficult for some bad credit borrowers to be accepted for these deals, but Tesco, Boots and Nectar are just some of the companies who offer reasonable reward points for spending and using their loyalty cards.
Failed to Prepare for Christmas Shopping? Prepare to Fail
With so many people struggling with various bad credit problems, it’s vital that you make a budget for this years spending.
The key is to work out how much you can realistically afford, but the hard part is trying to stick to it.
It’s so easy to get caught up in the Christmas spirit, and whilst little “stocking fillers” are great fun, the price can easily mount up. Tip: the 99p/£1 stores have a very wide variety of gifts that can used as great stocking fillers.
The last thing you want is to start the new year wondering how you are going to tackle a new set of bad credit problems.
Some people find it easier by writing a list of everyone they need to buy for and allocating them an amount.
If you overspend on one person, then you need to under spend on another to keep within your allotted budget.
Be Aware of the Store Card Ambush
The sign next to the counter announces the great savings and the helpful assistant assures you it’s an excellent deal, but do not be tempted by the store card offers.
A free gift or an attractive discount may be hard to resist, but the small print is less than desirable.
Store cards are well known for their highly uncompetitive interest rates which far outweigh any good initial deals on average store cards have an APR rate of approx 36%.
Make Your Holiday Money Go Further
If you are lucky enough to be spending the festive season in warmer climes or on a snow covered ski slope, make sure you sort your foreign currency out before you travel on your fantastic holiday.
You might find an exchange rate you like, but taking just cash brings its own risks and using your debit or credit card abroad can be expensive.
We recommend using a prepaid card, ensuring you get both an excellent exchange rate, plus minimal cost when using it in a shop or withdrawing from a cash machine.
The market is getting more competitive, so there are some great deals and most can be topped up online and over the phone.
If you lose the card, you only risk losing the amount that was on it at the time, even then it can be stopped.
Don’t leave sorting your foreign currency out until you are at the airport as the exchange kiosk offers notoriously bad exchange rates.
Get the Right Christmas Loan Help First Time Around
Some lenders tend to tighten their criteria for Christmas loans, so it’s important you choose a company who has experience at sourcing loans for Christmas.
Bad Credit Loans 4 You are a UK finance specialist when it comes to sourcing loans for Christmas, even if you have a bad credit history, check out our bad credit Christmas Loans at /bad-credit-christmas-loans.html
We have a dedicated team of expert credit consultants who will take you through each step of our simple procedure and remove the stress and hassle from your bad credit Christmas loan application.
Search, search and search some more.
Making Impulse Purchases is Exactly What Retailers Want to Happen, So Don’t Panic.
If you see something you like, make a note of the details and try searching for the item online, you can save ££££’s by checking the same item on ebay or Amazon for instance.
If you have an iphone or an android supported mobile, there are free applications you can use to scan the barcode of the item and it will look for cheaper ones online for you.
Many online retailers offer online-only deals and some offer free delivery.
Retailers often start their sales earlier online, so keep a look out.
Its very important to make sure you do the groundwork a couple of weeks before Christmas, so the stores still have time to post your items before the special day!
Stay in Your Budget by Finding a Voucher
Companies are now using voucher and discount promotion websites to alert shoppers of codes which can get them money off their Christmas shopping.
Although there will not be a voucher available for every website, some deals can help you get the ultimate christmas present, but still stay within your budget, an example of them is www.vouchercodes.co.uk
The Ultimate Stress Saving Tip Plan Ahead for Next Year
It’s easier said than done, but planning for Christmas 2011 in January makes the whole festive period go a lot smoother.
Putting aside a small amount each week or month will ensure you have a healthy total come next Christmas, reducing a whole lot of stress and possibly the need for an Xmas loan.
Bad Credit Loans 4 You helps out people who fear they have been blacklisted because of CCJ’s and Defaults.
Bad Credit Loans 4 You holds a Consumer Credit Licence issued by the Office of Fair Trading. The company is also covered by the Financial Ombudsman.
Bad Credit Loans 4 You is also registered with the Information Commissioner’s Office for Data Protection.
For help, phone 0800 011 4503 or visit
http://bad-credit-loans-4-you.co.uk/bad-credit-christmas-loans.html
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Notes for Editor:
http://bad-credit-loans-4-you.co.uk/bad-credit-christmas-loans.html
Loans 4 You of London Ltd
Innovation Centre
Monks Brook
PO30 5WB
United Kingdom
Tel: 0800 011 4503
Bad Credit Loans 4 You was formed in April 2010, bringing together a team of specialists that together offers over 50 years of expertise to help applicants gain the unsecured loans they need.
From its UK head office in Monks Brook, Loans 4 You operates across Britain, sourcing loans for people with bad credit.
Bad Credit Loans 4 You holds a Consumer Credit Licence issued by the Office of Fair Trading. The company is also covered by the Financial Ombudsman.
Bad Credit Loans 4 You is also registered with the Information Commissioner’s Office for Data Protection.
Bad Credit Loans 4 You has a senior management team with over 50yrs collective experience providing vital knowledge of the bad credit loans sector & helping those with CCJ’s, defaults, late credit card payments, mortgage arrears & other bad credit rating problems.
Our mission is to aid people who have been discriminated against because of their bad credit loans problems. We assess bad credit loans applications on your current budget and ability to repay bad credit loans, not just your bad credit rating.
