Online Shopping Without A Credit Card

The financial crisis in recent years has adversely impacted many people, causing their credit ratings to fall drastically. Because of this, quite a few people find themselves in situations where they are unable to obtain a credit card. Fortunately, this does not necessarily mean that you cannot shop online. While the majority of online stores require a credit card in order to make a purchase, there are many ways to get around this.

One of the best options for people who don’t have a credit card is to obtain a prepaid credit card or a Visa gift card.  You can obtain Visa gift cards at many retail outlets, or you may also purchase them online through websites like Gift Card Mall. Once you have your card, you can use it just as you would an ordinary credit card. Be aware that there may be a small fee (usually $3.95) when you purchase a gift card or prepaid card. Despite this, using gift cards is probably the quickest and easiest way for someone without a credit card to make a purchase online.

If you have a checking account, a better idea is to simply get a debit card. Most debit cards can be used just like a regular credit card, and the purchase amount will automatically be deducted from your account. There is usually no extra fee to use a debit card, and it offers more flexibility compared to gift cards since you do not have to purchase them in pre-determined denominations.

Many major online shopping outlets such as Ebay accept Paypal as a method of payment. To open an account, you need to have a bank account that will be linked with your Paypal account. However, since Paypal is not as widely accepted as credit cards, in most cases you are better off just getting a debit card from your bank. Having a Paypal account, however, does make it easier to make multiple purchases from different vendors since you don’t have to enter in your credit card information again each time you buy something from a seller that accepts Paypal.

In some ways, not being able to use a credit card for online purchases can be a blessing. For one thing, it forces you to have the cash on hand before making a purchase. Given that the average household credit card debt in the nation is over $15,000, it’s clear that most of us would be better off relying less on our credit cards. Therefore, even if you have access to credit cards, it is probably wiser to get in the habit of making online purchases using the methods discussed in this article.

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