Engagement Ring Financing Reddit

When a ring is that much don t forget to factor in insurance and maintainence.

Engagement ring financing reddit.

Minimum borrowing amounts start at 1 000 or more repayment terms range from 12 to 60 months or longer. If you have to borrow from day 1 you re setting expectations for an overbudget debt fueled wedding that will give you the financial equivalent of a multi year hangover. A personal loan is a flexible form of financing whether for an engagement ring or other major purchase. If your eyes glaze over when it s time to talk wedding budget you re not alone.

Posted by 3 years ago. I see a ring online that s a great price. Enjoy 0 interest financing for up to 24 months on designer engagement rings wedding rings certified diamonds fine jewelry. Not looking for anything insane probably in the 2 3k range.

In short if you truly do care about finances don t drop 10k on a ring. Anything would be helpful. I m about to buy an engagement ring and i m getting really hung up on how much to spend. The good news is it s easier than you think.

Quick easy credit approvals with simple transparent terms. You can find these loans through banks credit unions and online lenders. Even for the mathematically inclined it s difficult to know what kind of budget to set for an engagement ring. A place for all of us to post our engagement rings.

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. A 5k ring would kick most other engagement ring s assess. I m just curious if there s any true downside to this vs paying upfront. I m in the market for an engagement ring in the near future.

Reddit what s your tips on ring engagement shopping. A coworker told me 3 months salary but that seems grossly inappropriate i make good money mid six figures my lifestyle however is fairly modest compared to income. Apply online in minutes today. Also feel free to show off your engagement rings.

I have a stable job and am staying within my budgeted price range. The ring should not actually be 2 3 months gross pay. This is where you can discuss a possible purchase or an explanation of what you or your significant other wants. Common financing options include in house financing through the jeweler store credit cards and lease to own programs.

First time ring shopper and i was seeing if there s anything i should know before i go in person to see it. Engagement ring is the first financial commitment in an avalanche in the next 1 2 years.