A woman who shopped at a bad credit site.

Bad Credit Shopping Sites

Are you looking for a store that specializes in bad credit? Stores like Fingerhut may not be the best option for you. Take a minute to learn about a better option and find out why you should avoid the “buy now pay later” business model.

If you need to make a purchase but have bad credit, you might be tempted to visit one of those “buy now and pay later” stores. This is usually a bad idea, but lucky for you we have a better solution.

We may be able to help you get a cash loan, even with bad credit. You can the use that money to shop any retailer as a cash buyer. Get exactly what you want and avoid the high markup that places like Fingerhut will charge you.

Ready to get started? How much do you expect to need?

A shopping store open for business.

Why Avoid Bad Credit Shopping Sites?

There are several things that make the “buy now pay later” business model a bad deal for consumers. Here are the top reasons to avoid them.

High Interest

The first problem that you have is high interest. These retailers will charge you the absolute highest interest allowed by law. If you are shopping on their website, they know that you have bad credit and are aware of this fact. That means that they believe you will accept just about any rate that they throw at you.

Inflated Costs

These retailers do not just make money on the financing, they also make a big profit on the sales price. A game system that might cost you 400 dollars at BestBuy will cost you 600 dollars or more at a bad credit shopping site.

Limited Selection

Last, but certainly not least, is the limited selection. These bad credit shopping websites carry a little bit of everything, but they specialize in nothing. If you are looking for a certain brand of television or a particular feature on a computer, you are probably not gong to find it. You will simply have to settle for what they offer, along with it’s inflated price.

Slow Processing

With many of these stores, time is not an issue. They assume that you have few shopping choices so there is no need to rush on the shipping. You could be waiting weeks for the items that you order.

Non Reporting

Most bad credit shopping sites do not report good credit information to the major bureaus. This means that if you get financing and pay on time, your credit score will not improve. Of course, bad information is another story. Make one late payment and they are very likely to report negative information.

Why Use An Online Loan?

Turning to an online loan instead of the bad credit website gives you a lot of advantages, many of which you might not think are available to you. Take a look.

Easy Approval

Many of the lenders in our lending group specialize in working with bad credit. This means that you may be able to get an approved offer, even if you have been denied credit recently.

Payment In Cash

With cash in hand, you have a lot of flexibility. You do not have to settle for a limited selection of products and you can negotiate a price. If you really want to save money, you even have the ability to shop the used market.


If you are approved for financing, you can have your money in your bank account as soon as the next business day. You can then immediately go shopping online or in person.


You can do it all from the comfort of your computer, and you can get started right away. Have an answer in minutes and cash in your bank account as soon as the next business day.

How Does This Work?

Okay, so you know that the bad credit shopping sites should be avoided and you know about the benefits of an online loan. Now, how does all of this work. It is simple.

Get A Quote

First, use the form at the page to get a quote. Enter your basic information, information on our income and the details for the bank where you want money sent. Next, agree to the terms of service and submit your information.

Review Your Offer

If approved by a lender, one of them will make you an offer. You will need to be redirected to their website where you can review the details of the offer. LoanMonkey.net will not have information on your loan, so you will need to ask your lender if you have questions.

Make Your Decision

Should you agree with the terms of the offer, you can usually accept the loan and finish everything up online. Your lender will then get you money ASAP. This can happen as soon as the next business day.

If you do not like the offer, you can just walk away. There is no commitment when you simply get a quote.

Go Shopping

Once your money hits your bank account, you can then go shopping right away. With cash in hand, you will be able to shop any lender and get exactly what you are looking for.

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James Car is a finance, loan and budget expert based in the United States. After attending Brookhaven college, he went on to become a successful entrepreneur. He now enjoys writing articles that help people save and make the most of their money.

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