Freemans Account

Aussie2005

I've never had credit my entire life, that's how we grew up, you have the money or you don't, if the latter you wait until you do.  So, decided I need to get a better credit rating and took an account with Freemans since they offered a discount on the first purchase too.  I've found it baffling, probably because i've never engaged in this type of transaction before, so here's my question.  Am I paying Freemans or my credit card?  I paid Freemans but then I see the same charge on my credit card, as outstanding, so in panic at being charged some large sum in interest, I paid my bank too.  I'm sorry but I'm laughing  here, I can't believe how uninformed and stupid I feel.  Can someone please clarify, who do I pay, Freemans or the bank, I can't pay both and have to ask for a refund from one of them.

MorningcoffeeIV

On a confusion scale of 1-10, your post is registering a 32. What exactly did you do?

Did you take out a credit agreement with Freemans? Did you then pay that account with the credit card? Or with a debit card? Who is the credit card from? What bank did you pay - and how?

spinningsheep

Aussie2005 said:

I've never had credit my entire life, that's how we grew up, you have the money or you don't, if the latter you wait until you do.  So, decided I need to get a better credit rating and took an account with Freemans since they offered a discount on the first purchase too.  I've found it baffling, probably because i've never engaged in this type of transaction before, so here's my question.  Am I paying Freemans or my credit card?  I paid Freemans but then I see the same charge on my credit card, as outstanding, so in panic at being charged some large sum in interest, I paid my bank too.  I'm sorry but I'm laughing  here, I can't believe how uninformed and stupid I feel.  Can someone please clarify, who do I pay, Freemans or the bank, I can't pay both and have to ask for a refund from one of them.

Don't worry, credit accounts can be a maze to negotiate if you're a newby! The idea is, Freemans have sold you the goods, but without payment upfront. They then invoice you for the goods, you then pay their bill via your payment method of choice (you say credit card, I'm not sure if you meant debit card with you saying you had no form of credit previously, hence taking the catalogue account out in the first place) but, if you mean credit card, that means the bill is paid by your credit card provider to Freemans, then you owe the money to your credit card instead. Hope that makes sense? 

Any interest charged on your credit card would depend if you pay the credit card bill in full before the payment due date, ie no interest, whereas if you only pay the minimum amount owing on the statement, interest would be charged on the whole balance owed, unless you have a 0% spending offer on the card you used.

If you used your debit card to pay the Freemans bill, no interest could be charged, as its not a credit transaction.