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Where to get the best financing

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mbtcminn

Rough_Rock
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Apr 23, 2007
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What are the best financing programs for jewelry you have found? Any no interest for 1 year? Best rates? Etc.
 
Welcome! Several of the big name B&M stores have plans that let you finance something for 6 months to a year with no finance charges. Some stores want a down payment, some don''t. Most stores are flexible and would work with you to give you a good arrangement.
 
any one know of good financing for diamonds NOT purchased a big chain stores? For example, I need financing for diamonds I may buy at jamesallen or whiteflash.
 
if you have good credit you most likely have a cc that has a 0% or 1.5% interest rate for 6 or 9 months or a year or something like that. if you can, use that....i would really never go for credit from a store or anything...the interest rates are crazy.

honestly, i am more a fan of not buying luxury items like a ring on credit, but if you do it, i would do it on a personal card where you have a fabulous rate and can earn points or miles or something and then make sure to just pay it off before the rate expiration date so you don't incur additional costs.

good luck!
 
Pearlman's offers financing as well, but you can always do as mara suggests and get a low interest CC to purchase and try to pay off quickly.
 
Most of us on here are of the belief that you shouldn't buy a luxury item if you can't pay it off soon, so I don't know that we're the best resource for financing info. With that in mind though:

Most online diamond places like whiteflash or jamesallen do not offer financing. If you want to buy from them get a credit card with a 0% APR for a year or something and pay it off within that timeframe. If you can't do that, you might want to reevaluate your diamond purchase and go for something smaller that you can pay off in that timeframe.

That said, most local B&M's plus Pearlman's do offer financing. Sometimes they'll have 0% for 6 mo-1 year, but otherwise expect to pay crazy interest rates after that period is over. You could potentially get a personal loan from your bank it your credit is good, but then again, your interest rates will add a considerable amount onto your purchase price. It's just not worth it IMO.
 
save your money and then buy ... Just an idea for you to consider first..
 
Date: 4/26/2007 10:49:10 PM
Author: scarleta
save your money and then buy ... Just an idea for you to consider first..
ditto, I always like to just pay off the amount right away. Financing should be reserved for purchases like cars and houses. This is just my opinion however, I hate the idea of debt!
 
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