Engagement Ring Financing

Enjoy 0 interest financing for up to 24 months on designer engagement rings wedding rings certified diamonds fine jewelry.

Engagement ring financing.

When financing an engagement ring taking out a personal loan should be your last resort. If you can qualify for the 0 deferred financing at the jewelry store and you can pay off the cost of the engagement ring within the promotional period usually 12 months then the 0 deferred financing offer is the best way to finance your ring and pay no interest. Financing an engagement ring allows you to purchase a ring that costs more than the cash you have on hand. With those methods you should pay the ring off before the promotional period expires.

Obviously using a personal loan to finance an engagement ring will tack on a considerable amount of interest to the total cost of your ring. Your other payment options. If your eyes glaze over when it s time to talk wedding budget you re not alone. Apply online in minutes today.

When you finance you agree to a payment plan or contract with the loaning entity. However jewelers financing options may not have the best terms or interest rates and you generally won t get any cash back or rewards on the engagement ring purchase. This means you can finance a ring and pay no interest if you pay off the balance before the promotional period ends. Best way to finance an engagement ring.

Four main options are available when it comes to financing an engagement. Even for the mathematically inclined it s difficult to know what kind of budget to set for an engagement ring. Promotional periods interest rates and monthly payments are agreed upon upfront. Engagement rings can be a significant investment but most jewelry stores offer some sort of financing program and many even have programs for those with less than perfect credit.

But if a 0 percent financing offer isn t available to you a personal loan could be a better option for financing an engagement ring than putting the ring on a credit card at the double digit regular apr. Special terms apply to qualifying purchases charged with approved credit. Some jewelry stores offer 0 deferred financing for up to 12 months. Ideally you ll want to secure a 0 financing deal with the jewelry store or put the ring on a low or 0 apr credit card.

Special rate of 9 99 apr with 48 equal monthly payments 2 2 the diamonds direct credit card is issued by wells fargo bank n a. Common financing options include in house financing through the jeweler store credit cards and lease to own programs.