With the pressures of modern living, it’s becoming harder and harder to save money in the traditional way. Every month we are faced with direct debits and payments for subscription services, whether they’re for on demand video streaming services, bills from our internet service providers, or mobile phone contracts. This is on top of energy bills, rent or mortgage payments and what we spend in the supermarket which are all constantly on the rise.
This all results in a situation where the average household simply does not have the funds for large home improvement purchases all in one go. Although bank loans are always an option, they’re not always the most suitable solution, depending on the nature of the goods being purchased and the timeframe over which the money is needed to be borrowed.
For many years, in-store finance agreements have been available when buying new kitchens, large appliances, bathrooms and furniture such as sofas and beds. These payment plans generally enable customers to receive their goods as soon as possible, while being able to pay off the balance over time. However, the process of arranging them in the first place relies on live credit checks and for paperwork to be filled out in person. Not only is this process time consuming, but it leaves many people feeling a little self-conscious as they sit there awaiting approval and possibly even embarrassed if the agreement isn’t accepted. Furthermore, a traditional paper trail and signing agreements has always been seen as better for security reasons, but it doesn’t really align with consumer trends which have gone further and further into buying goods online. If it’s now possible to do online banking, provide e-signatures on insurance documents and lots in between, this surely signals that you should be able to buy pay monthly beds or other types of furniture, securely and from the comfort of your own home.
Beds on Credit – How to Buy Online
There are a few different ways of purchasing mattresses and beds online with 0% interest over a number of months, either as buy now pay later or with a monthly payment schedule in place. If you head over to the Beds on Finance page at Linthorpe Beds, you can read more about how these options work.
If you’re a PayPal user, you can apply for the PayPal Credit service to be added to your account. Based on your previous activity once you’ve been approved, they’ll grant you a credit limit. Providing that the payment you’re wanting to make is over £99 ($140 USD), they’ll give you up to 4 months to pay off the balance, before you start incurring interest charges. This service is highly flexible as you can pay nothing until the end of this term and simply settle the balance before the due date. Alternatively, you can set up your own direct debit payments and pay off the balance in installments. The beauty of this service is that providing everything is paid off in time, you’ll buy your new beds with 0% interest. You can also use this service as many times as you like providing you stay within your credit limit and each transaction is over £99 ($140 USD).
Another service which is quickly growing in popularity, is provided by a Swedish firm called Klarna. They’ve found a way of positioning themselves as arguably the most relevant provider in terms of current consumer trends, specialising in short term finance plans which can be tracked via their mobile phone app. This app functions both as a digital storefront for the various businesses that have partnered with Klarna, as well as a way to monitor your repayment schedules with the shops where you’ve used Klarna’s services.
The specific Klarna services will vary from store to store, with Pay in 3 being the most popular and widely adopted choice. If you were to buy beds on Klarna with the Pay in 3 option, you would need to process a card transaction at the checkout stage to make the first of these payments. 30 days following that, you would make the second payment, with the third being made at the 60-day mark. These payments would be equal and completely interest free.
What Beds & Mattresses can be bought with Klarna?
Not necessarily all products on a particular website will be available to purchase via Klarna. You will generally find that branded items are far more likely to be available on Klarna. For example, if you’re looking for pocket sprung mattresses with traditional craftsmanship, Sleepeezee mattresses are a great place to start. Not only are they manufactured by a well known and respected supplier, but they’re covered by a 5 year guarantee and they specialise in orthopaedic support.
If you prefer to spread the cost on beds that cover both time tested and modern technologies, Silentnight mattresses offer a wide product range. These include natural wool, Geltex, and memory foam, working in tandem with either of the company’s patented Miracoil or Mirapocket spring systems. As demonstrated by the ‘Hippo & Duck’ company mascots, Silentnight Beds are designed to be highly supportive for all people, regardless of shape and size. Whilst also ensuring that minimal disturbance is caused between sleeping partners, even if there is a noticeable weight difference.
If you are indeed looking for a new bed or mattress, whether you’re wanting to pay the traditional way or via a finance plan, you can head over to Linthorpe Beds who were awarded Independent Bed Retailer of the Year 2019-20 by the National Bed Federation. You can find memory foam mattresses, pocket sprung, traditional orthopedic mattresses, roll-ups and much, much more. It’s easier than you think to finance a new bed, so go for it! You deserve a good night’s sleep!