- Types of Debt
Store Card & Catalogue Debt
Store card and catalogue debt can carry high interest rates. Understand how it builds and the options available to deal with it.
What is store card and catalogue debt?
Store cards and catalogues let you spread the cost of purchases over time, often through a dedicated in-store credit line or instalment plan. Debt builds when repayments are missed, or when only minimum payments are made against what can be a high interest rate.
How does it build up?
Store cards in particular often carry higher interest rates than standard credit cards, so balances can grow quickly if not paid off in full each month. Catalogue debt can build in a similar way, especially across multiple accounts or items bought on credit at once.
Priority or non-priority?
Store card and catalogue debt is a non-priority debt, though high interest rates mean balances can escalate faster than other non-priority debts if left unaddressed.
What happens if you don't pay?
Interest and late fees continue to accrue, often at a higher rate than standard credit cards.
The provider may pass your account to a debt collection agency.
Missed payments affect your credit file.
Persistent non-payment can lead to a County Court Judgment (CCJ).
- Check Your Options
How Debt Bridge can help
If store card or catalogue debt has built up alongside other unsecured borrowing, we can help you understand whether combining everything into one payment through a Debt Management Plan or IVA could ease the pressure and stop interest adding up further.