Finance A Wedding Ring
Enjoy 0 interest financing for up to 24 months on designer engagement rings wedding rings certified diamonds.
Finance a wedding ring. Financing gives you multiple choices. A personal loan through an online marketplace like MoneyMutual CashUSA or BadCreditLoans is one option. Most people spent between 500 and 3000 with the median payment hovering around 1900.
Lets face it weddings are expensiveflowers attire venue food. And thats totally valid. In fact the typical American spent just two weeks pay on an engagement ring according to 2019 data from The Upshot by Morning Consult.
If you need more time to pay they have four financing options available ranging from 999 to 1299 APR. Ideally youll want to secure a 0 financing deal with the jewelry store or put the ring on a low or 0 APR credit card. Even for the mathematically inclined its difficult to know what kind of budget to set for an engagement ring.
Easy credit approvals with simple transparent terms. Use a Credit Card to Finance an Engagement Ring. 1122009 While men say an average of 1991 is an appropriate amount to spend on an engagement ring women say 2731 is more appropriate American Express reports.
Youll need to pay at least your loans monthly minimum payment over an agreed-upon loan term. If you can pay the ring off within six months you can avoid any interest. 1152021 Financing the engagement ring If you havent saved for the engagement ring in addition to the wedding or you prefer not to dip into the wedding day coffers just yet engagement ring financing may be a smart move.
Financing a ring will mean starting your marriage with added debt. The list goes on but the budget may not. 1132021 The best financing option 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.