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.
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Personal loans can be an effective financing choice for people who can t save up to buy a ring in cash and who may not qualify for a financing option with a 0 apr introductory period or who need a longer repayment period.
Down payment may be required.
At serendipity diamonds we now offer jewellery on finance.
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.
Numerous financing options do indeed exist for engagement ring shoppers from jewelry store credit plans to 0 credit cards and other loans.
Quick easy credit approvals with simple transparent terms.
For example for a loan amount of 600 pay 50 per month for 12 months at 0 apr.
Pay over 3 6 12 months with 0 apr.
Financing available through affirm.
Buy your ring of security with affirm and pay off your purchase in easy fixed payments over 3 6 or 12 months with 0 apr.
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When you consider the fact that the average engagement ring costs 4 000 and the average household already owes more than 7 000 to credit card companies it s clear why many proposers opt to finance this significant expense.
Buy now pay later engagement rings wedding rings and jewellery.
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.
The best financing option.
Financing engagement rings if your eyes glaze over when it s time to talk wedding budget you re not alone.
Engagement rings finance 0 interest free finance for jewellery.
Even for the mathematically inclined it s difficult to know what kind of budget to set for an engagement ring.
Best way to finance an engagement ring.
Some jewelry stores offer 0 deferred financing for up to 12 months.
Finance helps to spread the cost of payment over your chosen term.
With funds in your bank account you can use the money to buy an engagement ring.
Shop our extensive selection of diamond engagement rings wedding bands and other jewelry online.