The proprietary credit score choice provided by Swiss Colony is formally often called the Swiss Colony Credit score Account. This monetary device permits prospects to buy items from the Swiss Colony catalog and web site and pay for them over time, topic to authorized credit score. As an example, a shopper may use this account to accumulate a choice of vacation items or connoisseur meals objects, distributing the funds throughout a number of months.
The principal benefit of using this fee methodology lies in its provision of buying flexibility. It permits people to accumulate merchandise instantly, even when fast funds are restricted. Traditionally, such retailer-specific credit score traces have fostered buyer loyalty and facilitated elevated gross sales volumes for the issuing firm. The provision of deferred fee choices can considerably affect buying choices, notably throughout peak purchasing seasons or for higher-priced items.