Credit cards can indeed provide a lot of convenience in the transaction. The number of attractive offers such as discounts, 0% installments, cashback, to rewards points make this one banking product very popular with many people. However, not a few also experienced difficulties and even rejection when applying for or applying for a credit card.
Are you one of them? If yes, of course you will have difficulty if you want to buy goods or products needed on credit, for example electronic goods. Starting from the category of household appliances such as refrigerators, TVs, air conditioners, washing machines, to the category of telecommunications equipment such as smartphones.
Not infrequently, these items are damaged and have a high urgency to be replaced with new ones. Now, under these conditions, a credit card is certainly needed if there isn’t enough cash in the savings account.
But now, you don’t need to worry anymore. Because, as the rapid development of technology. how to credit or installments also have had many innovations, one of which is an online-based instant credit facility without a credit card.
Here are 4 ways you can try to repay needed electronic items easily without a credit card.
1. Search and buy items in the online store
Shopping at online stores or e-commerce has now become a popular shopping style among urban communities. Various categories of goods including electronic goods are also available in various online stores.
You can try to find and buy electronic goods that you need in an online store. Because the online store provides a variety of attractive payment methods that you can choose, ranging from cash transfers via ATMs, credit cards, via minimarket, via installments or credit without a credit card, to Cash-on-Delivery (COD).
Some large and credible e-commerce sites such as Isolde and some online shops already have an online credit or credit method without credit cards that work with third parties, namely Lite Lender. Already have an online installment or credit method without a credit card in collaboration with a third party, namely Lite Lender.
Buying electronic goods via online stores is also certainly easier. You can check product specifications to compare prices between online stores with one another in one gadget. No need to bother coming like buying in a conventional store.
Delivery of electronic goods is also borne by the online store, you only need to pay for the shipping service. If the items do not match or have a defect, some online stores also provide a return service to exchange for new ones, you know.
2. Take advantage of online instant credit facilities
If you don’t have a credit card, use the instant credit facilities available at online stores. The requirements for applying for online-based credit are also fairly easy and fast because the process is completely online from start to finish.
You only need to register through the application by uploading your KTP, proof of address and proof of income. The approval process is done online with a maximum time of 1 x 24 hours.
If the number and price of electronic goods you want to buy is quite expensive, you can try to choose Lite Lender to get a credit ceiling of up to $ 20 million. With a choice of tenors of 3, 6 and 12 months, the interest rates are also low at 2.95% per month and 0% if paying in cash within 30 days.
Apart from no credit cards, this instant credit facility also does not charge DP, admin fees, and annual fees like a credit card. You only need to pay the amount of the product, the interest rate, and the price of the shipping service.
3. Choose the installor tenor in accordance with financial capabilities
Pay close attention to the installment scheme for each tenor option and choose one that suits your cash flow or financial condition. The longer the tenor is chosen, of course the lighter and cheaper installment payments per month. However, all that returns to your ability, repay wisely.
Another important thing, make sure the amount of debt or installments that you must pay per month is not more than 30% of your total monthly income, yes. If these conditions occur, your cash flow will be disrupted and will have difficulty meeting other, more primary needs.
4. Pay off installments before applying for other goods
Even though the credit limit provided by Lite Lender is quite large, up to $ 20 million, it would be better if you pay off one item in installments before applying for other items. This will certainly help your cash flow to be more ‘relieved’ and not burdened.
If the next item you want to buy with installments does not have high urgency, you should postpone until the previous installment of goods is finished, yes.
Interested in buying electronic goods by installments without a credit card? If you are a citizen at least 18 years old, have a minimum monthly income of USD 3 million, and are domiciled in the cities of Jabodetabek, Bandung, Semarang, Denpasar, Surabaya, Palembang or Medan, you can apply for installments via the Lite Lender application. You can download the application on the Google Play Store or the App Store.