Can You Finance A Wedding Ring

Another option to finance an engagement ring is to put it on a credit card.

Can you finance a wedding ring. 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. Diamond Banc will loan up to 500000 on your jewelry. Our loan programs allow you to focus on the details that will make your special day perfect without having to be consumed by your budget.

Youll also want that low APR to match the time frame when you plan to pay off the ring. Now you finally have another option. Thats no small chunk of change.

412020 With funds in your bank account you can use the money to buy an engagement ring. 11142017 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. If you really want to get a ring keep it simple.

12212016 Best way to finance an engagement ring. How Much Can You Afford. Financing Engagement Rings If your eyes glaze over when its time to talk wedding budget youre not alone.

Save for a Ring Depending on the amount you need for the ring saving up cash could take you quite a while. While its ideal to save enough to pay cash for a ring there may be times you just cant or wont wait. Personal loans can be an effective financing choice for people who cant 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.

But if a 0 financing offer isnt 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. Most people are financing an engagement ring because they cant afford the ring they really think their spouse wants. 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.