How Do You Finance An Engagement Ring?
Financing an engagement ring can be scary. You know she deserves the very best but economic times are tough. Discovering a way of financing an engagement ring that fits your needs can mean the difference between an engagement ring that is “nice” or one that sends her over the moon with delight. Consider placing the engagement ring on your credit card. If you do this, it is advisable to pay more than your minimum monthly payment to avoid paying more credit card interest than you have to. Obtaining a new low interest credit card especially for this purchase may be smart. Take out a personal loan. Your bank can provide you with a short term loan to enable you to pay for the engagement ring. Shop around to ensure you get the lowest interest personal loan that you can. Avoid using the engagement ring as collateral. Shop around. Many jewelers offer a layaway plan. Of course, you will not be able to get your engagement ring right away but with the proper amount of planning, this could be the
