Interest Free Credit

4 Posts


I would like to purchase some furniture from John Lewis amounting to £4000. Does anyone know how credit allowance is calculated for John Lewis? I would like to know what my annual income needs to be to purchase items for a specific amount, preferably over 24 months which I think I need to spend 2000 to acquire.
I would like to know this in advance to avoid the risk of being refused and it affecting my credit score.
I would like to know this in advance to avoid the risk of being refused and it affecting my credit score.
Their website states that the minimum income is £10,000 to apply for credit but there is no further information regarding income and amount spending.
I am self-employed, if this makes any difference.
Thanks.
I am self-employed, if this makes any difference.
Thanks.
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Don't worry about a drop in the pretend credit score. A search will have no impact on a well managed file.
If you have 2 cards with £20k total available then that may be taken into account on whether you could afford to pay back the additional £4k to JL. And if you have cards available with nothing on them you might want to check if there are any 0% deals in case the JL credit isn't forthcoming.
2023 £1 a day £54.26/365