Park Hampers,saving weekly for christmas or that new telly or mobile phone

After finding myself in debt every january after splashing out at christmas or if i needed to replace my cooker or washing machine,i found a company called park hampers,i was a bit suspicious at first as i had read in the newspapers about farepak hampers collapse,lots of customers who had lost their money and how it had ruined many peoples lives.

so i read up on park hampers and found out that my money is guaranteed (due to what happened with farepak hampers) any money i paid in was kept in a trust,then when i had recieved my goods the trust would release the payments to park.

now 5 years later i couldn't do without them,i order high street vouchers every year (you never pay a penny extra on vouchers) and depending on my order size i also receive commission ,so not only do i get to pay weekly for my familys christmas i also get paid commission on my order.

say for example you want to save up £450 in high street vouchers over 45 weeks (which is how long the payments are spread over) you would pay £10 a week,your last payment is due by 1st november (you can pay it off earlier if you want) then you recieve your vouchers around the 6th november.

The question im sure is what is the down side,well the only down side i have found is if you don't want vouchers or a voucher card and you want to say order toys or a t.v instead the price does go up,but you have the luxury of paying it weekly rather than having to find the whole amount.

my tip to you would be buy the vouchers,and pick your own telly from the many shops the vouchers cover,that way

1. you wont pay anymore for the t.v

2. you have a big chance of finding a sale or managers special which will bring the price of the t.v down even further,thus making your vouchers go much further,and you pay no extra on buying vouchers.

win win situation,take a look and see what you think.

https://www.getpark.co.uk/budgeting/browsecatalogue

Introducing our free credit report

Get your free credit report with giffgaff to find out your credit score and info to help you make the right financial choices.


Check your score here.

Comments (0)

Log in or register to add your comment
Log in now
Not a giffgaff member? Register now

Search by category

giffgaff gameplan

Copyright ©2018 giffgaff

Representative example for a loan of £4,000 for 24 months at an interest rate of 15.5% APR fixed. In this example the total amount payable (including interest and fees) would be £4633.57 and your monthly repayments would be £193.07.

giffgaff receives a fee for introducing personal loans to Retail Money Markets Ltd trading as Ratesetter.

giffgaff gameplan is a trading style of giffgaff Limited, we are a credit broker and not a lender and introduce loan applications to its selected provider of loans Retail Money Market Limited trading as Ratesetter. Terms and conditions apply. Finance subject to status. 18s and over. Credit is provided by Retail Money Market Limited trading as Ratesetter, 6th Floor, 55 Bishopsgate, London EC2N 3AS Ratesetter is authorised and regulated by the Financial Conduct Authority – Firm Reference Number 633741

giffgaff Limited is authorised and regulated by the Financial Conduct Authority, Firm Reference Number - 680957. Registered address – giffgaff Ltd, 260 Bath Road, Slough SL1 4DX. Company Number - 04196996.

Posts on this site reflect the opinion of the members posting only, and not necessarily giffgaff’s opinions or views. There’s a lot of information here that can help you, however, you must remember that we operate an open forum and sometimes messages that are posted are misleading, deceptive, or inaccurate. If you follow these tips, you do so at your own risk. Always do your research and check the terms.