Your high level of debt, or the reduction in your salary may lead you to have more difficulties than usual to reach the end of the month. You will have to pay the main household bills (mobile, water, electricity, etc.), comply with your tax obligations, or even face the unexpected expenses that arise in all situations. It is then where more it will be difficult for you to assume your relationships with consumption. To do the shopping in the supermarket, buy that latest model of jeans that you liked so much, or any other whim you want to give yourself.
In these cases, you can use any of the credits authorized for the occasion by the main banks. However, surely they will demand many conditions: stable work, direct debit of the payroll, and even a greater relationship with the entity. In addition, your contracting conditions will demand an economic cost that you probably cannot assume, in the form of high interest rates, very high commissions, or monthly fees not adjusted to your household budget. Perhaps you are not, or simply cannot, hire these expansive financing channels. What can you do?
In order not to give up your quality of life, you will have no choice but to seek other sources of financing that are more favorable to your personal interests. And from this very special scenario, the cards that allow the postponement of your main purchases may be a specific solution to this problem in your domestic economy. But be very careful, not all are advantages and it is convenient that you analyze their benefits to decide if you should use them or not.
What are their characteristics?
The cards that allow the postponement of your purchases are designed under duly delimited formats, which differ from other more conventional plastics. Its most basic operation is that it will allow you to buy your clothes, mobile or accessories under a credit system, in several months. In order that you can pay it little by littleespecially you can't cope with the operation for any reason. From here on, a series of possibilities opens up that you should know about, because even some of them can be very beneficial for your interests as a consumer.
The main advantage of its use is that you can split any kind of purchase from approximately 50 euros. And in how many months? It will depend on the selected model, since not all cover the same deadlines. You can choose them with very flexible deferrals, of 1, 6, and up to 12 months than the maximum limit in this type of consumer financing. And based on them, plan expenses for the entire month.
But it will not be a free operation, since it will entail expenses that are represented by the interest rates that the issuing entities of these cards will apply to you. How much will it represent? They contemplate margins that move between approximately 11% and 14%. And that in any case, and unlike some traditional credits, they do not entail commissions or other expenses in their management or maintenance. It will be the first cost containment with the contracting of this banking product.
With postponement and without interest
In any case, through this commercial strategy in the payment of your purchases you can reach that You develop operations without interest, that is, at 0%, and without any economic cost to your interests. To achieve this objective, you will only have to look for those cards that have this deferred payment system implemented, and so beneficial for you. And where you only have to return the amounts used in their corresponding monthly installments, which in this case are presented with shorter periods of time, normally between 1 and 3 months, although they can be extended in some plastic models.
However, in most cases they are cards that are linked to a business, or trademark, with the sole purpose of build loyalty as a customer. And for which it offers its best credentials, and this is undoubtedly one of them. Any purchase that you make under the payment deferral system will not entail any additional expense. The main advantage of this contracting model is that your level of indebtedness will not suffer in any way, nor will it be aggravated by the purchases you make from now on. In addition, it will help you to adjust the budget for the whole month.
A standard model in this class of credit cards It is developed under the formats called "without", that is, without interest, and that generate payments for purchases in 3 months, for amounts between 50 and 2.000 euros. Many of the banks incorporate a plastic model of these characteristics, as well as other cards that are linked to the main shopping centers in the country. But it will be convenient for you to read the contract about its use, since it can include a single commission for management expenses, although for a not excessively demanding amount, around 3 euros.
With more expansive limits
The deadlines for its return may not fully convince you, and you need to extend them to suit your particular financial situation. If this is your case, You can choose other formats that increase the periods to return the money borrowed in up to a little over 12 months. But without the advantages of the previous proposals, since they will surely apply an annual interest rate higher than 10%, which will be added to the return. It may even be more than 15% on the most expansive cards on the market.
In any case, this class of plastics carry a permanent line of credit that can reach 6.000 euros. And that can be used, both to formalize your purchases, and to withdraw cash from ATMs. And that it is reimbursed as you amortize it in accordance with the repayment plan provided by the issuer of this banking product.
Discounts on purchases
Not only the postponement of purchases can be obtained through this means of payment. It is convenient for you to inform yourself of its conditions before contracting the card, because some of them include among its benefits, the option of obtaining bonuses on purchases, low percentages that can reach up to 5% in the most aggressive models of plastics. Normally these commercial strategies are also linked to a commercial brand, and try not to go to the competition as an element of persuasion.
It will be another additional incentive so that you can contain the expenses derived from your purchases, but this time with the attractive incentive of promoting savings through these operations from your credit card. Being very beneficial for users who use this means of payment with some frequency, as it may be in your specific case. And that can affect clothing, toys, technological items, accessories, and even products for tourist activity (transportation tickets, hotel room reservation, car rental, vacation packages, etc.).
You will only have to look for the shops or centers that are attached to these loyalty programs. There are many that exist, do not forget it. And you will only have to detect those that are framed in your profile as a consumer. Through the greater monitoring of your brand, you will be able to have greater access to your offers and promotions, as the final objective of your commercial strategy.
The best tips for hiring these cards
This class of formats in the means of payment with deferral of payments referred to in this information represents a solution to the liquidity problems faced by a large part of Spanish users. And instead of subscribing to a more conventional financing route, they have a way of obtaining it quickly, and without it being previously granted. Being the holder of one of these cards you will have the necessary liquidity almost instantly. And with very favorable solutions, and of diverse nature for everyone.
Although it will not hurt that users attend to a series of tips that will be very useful for the management and maintenance of these banking products. And that they will be equally effective at the precise moment they are applied correctly. Among which the following tips stand out.