Engagement Ring Financing Reddit

Posted by 3 years ago.

Engagement ring financing reddit.

Minimum borrowing amounts start at 1 000 or more repayment terms range from 12 to 60 months or longer. Also feel free to show off your engagement rings. When a ring is that much don t forget to factor in insurance and maintainence. The good news is it s easier than you think.

In short if you truly do care about finances don t drop 10k on a ring. Reddit what s your tips on ring engagement shopping. I ve seen a variety of offers for 0 financing on sites like brilliant earth. If your eyes glaze over when it s time to talk wedding budget you re not alone.

I m about to buy an engagement ring and i m getting really hung up on how much to spend. The ring should not actually be 2 3 months gross pay. Not looking for anything insane probably in the 2 3k range. I m in the market for an engagement ring in the near future.

Anything would be helpful. First time ring shopper and i was seeing if there s anything i should know before i go in person to see it. Even for the mathematically inclined it s difficult to know what kind of budget to set for an engagement ring. This is where you can discuss a possible purchase or an explanation of what you or your significant other wants.

I m just curious if there s any true downside to this vs paying upfront. You can find these loans through banks credit unions and online lenders. Common financing options include in house financing through the jeweler store credit cards and lease to own programs. 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.

A personal loan is a flexible form of financing whether for an engagement ring or other major purchase. Please do not post links for selling of engagement rings that is not the intent of this subreddit. Enjoy 0 interest financing for up to 24 months on designer engagement rings wedding rings certified diamonds fine jewelry. Quick easy credit approvals with simple transparent terms.

I see a ring online that s a great price. A place for all of us to post our engagement rings. I have a stable job and am staying within my budgeted price range. If i followed that rule i would be dropping that much on a ring which is a lot.

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 5k ring would kick most other engagement ring s assess.