Light-hearted but confused/curious.
On my Very account, say hypothetically I had a limit of £600 and chose to purchase items on buy now pay later to that value. Say they had a total credit value of £1200 if I don't pay them off before the end of the 12 months. They would only add the £600 to my balance and add the rest on if I didn't pay in time.
With Littlewoods they add the full credit amount, so if I want to buy items totaling £300 cash price, that will use up £600 of my limit because they add on the interest automatically instead of at the end of the buy now pay later period.
Is this right? It doesn't make sense to me and they are both Shop Direct. It means that I can't use my full credit limit on Littlewoods which seems redundant.
I'm not getting myself into loads of debt I just have to move unexpectedly so having to buy things for my new place and pay off in a couple of months.
On Littlewoods a hoover, a microwave and two deckchairs had added £600 instead of £300 to my balance which really threw me off 😆 and also no use because I was planning on getting a bed too 🙄
If anyone kind could explain why they do it in such a backwards fashion I would be really grateful.