Do Most Jewelry Stores Offer Financing?

Do jewelry stores have payment plans?

Jewelry Store Financing

All major jewelry stores offer financing, with many promoting interest-free financing for 6 to 12 months.

But these offers come with a catch: miss a payment or fail to pay off the balance in time, and you’ll pay a lot more.

Does Kay Jewelers offer financing?

Most major jewelers offer financing plans, some of which feature 0% interest for a limited period of time. Kay Jewelers offers 12 months interest-free. Blue Nile offers no-interest financing for six and 12 months, or equal payments for 24, 36 or 48 months at 9.9% (the time period depends on the amount financed).

What credit score do you need to finance jewelry?

Engagement ring financing with bad credit

With a credit score of 580 or better, you can apply for a personal loan. There is an origination fee to consider but there are no prepayment fees.

Is it bad to finance an engagement ring?

The good news is that having bad credit shouldn’t get in the way of purchasing an engagement ring. It just might make the process a little longer. Many jewelers offer special financing plans for customers with bad credit. Those plans often involve a higher interest rate and less repayment flexibility.