Description: The following article mainly has the topic about fingerhut login, which shows you what Fingerhut is and how exactly it works. Fingerhut used to be a catalogue retailer. It is still a catalog retailer now, but you need to go to their website.
I’m Adam from proud money.com, in this passage I am talking about Fingerhut, what Fingerhut is and how exactly it works, in the past Fingerhut used to be a catalogue retailer, it is still a catalog retailer, but you used to get the catalogs in your mailbox.
It offers goods like what a department store would offer, clothing, jewelry and electronics, these days probably a lot of people know Fingerhut as an internet retailer, you can still get the paper catalogs to your home in the mail but there also is fingerhut.com where you can shop as well, it has the same stuff that department store sells such as clothing, jewelry or electronics.
Why would you shop at Fingerhut when there are all these other choices on the internet? The answer is financing, if you go to their website, you’re going to see that there are a lot of messages that let you know that they are willing to work with all credit types.
Whether you have good credit or maybe you have bad credit or maybe you don’t have any credit at all, Fingerhut is a possibility for you when you need to make those types of purchases, you’re going to see messages like apply today, buy today and if you’ve been turned down elsewhere, give us a try.
It is letting you know that Fingerhut is willing to work with people who maybe don’t have the greatest credit history, there’s no guarantee but they obviously are encouraging people of all credit types to use their financing and make purchases with them.
There are two types of financing that Fingerhut offers, the first one is called the Fingerhut advantage revolving credit account, that is like any other credit card that you know, you make your purchases, then you have to pay them back when the bill is due each month.
It is also like many other retail store credit cards, this one also has a rather high interest rate, so you are going to be paying interest at over 20%, if you do not pay off your complete balance each month, it is a good idea to pay off your complete balance each month.
If you are someone that don’t have the greatest credit or you don’t have credit, if you don’t qualify for the Fingerhut advantage revolving credit account, you may be offered the Fingerhut Fresh Start account which is like the credit account on training wheels.
It works like an installment loan, you make a purchase, it has to be at least fifty dollars, you put a down payment down, then you pay for the rest over a six to eight equal payment period after that, you make that purchase, you put the down payment, you make your payments as you’re supposed to.
You’ve done all that correctly, then you can graduate up to the Fingerhut advantage revolving account which is the regular account that I that I talked about, the first one is that they’re giving you a chance to show that you can be trusted, you can graduate to the other account.
Otherwise there’s not a lot to say, Fingerhut reports to the major credit reporting bureaus, if you are trying to build credit or rebuild credit, if you make your payments on time, Fingerhut will report that, that could help your credit score.
If you don’t make them on time, they’ll report that too, this isn’t a guarantee, you still have to make your payments, that’s how you build or rebuild your credit, last note is that Fingerhut has advertisements on proud money.com, we think we should mention that in terms of letting you know that we have a relationship with them.
It has nothing to do with what’s in this article because we’re telling you how Fingerhut works, thanks for reading, please go to proud money.com for other articles on credit products and best of lists and all kinds of other good stuff, too.