If this is the case, do most jewlers provide loan options for buyers?
2006-12-14 00:15:48 · 37 answers · asked by Suze 1 in Family & Relationships ➔ Weddings
Your clearly not ready to get married yet.........
2006-12-14 00:19:51 · answer #1 · answered by Immortal 4 · 2⤊ 1⤋
Hi if you want to buy an engagement ring it doesnt matter what you do just as long as you have got the money for the shop you are getting it from. I dont know wheather it is common to take out alon for an engagement ring but people get loans for anything. I know some jewellers let you pick a ring and then pay for the ring like so much a month or a week. But the thing is you dont get the ring until you have paid the whole amount. But im sure you will figure something out
2006-12-14 02:02:21 · answer #2 · answered by Anonymous · 0⤊ 3⤋
NEVER take out a loan for a ring. Yes, they are offered but that doesn't make it a good idea!
Please do not buy something that you cannot afford-- especially when it is a totally optional item and millions of people get engaged and MARRIED without any sort of rings, every day.
2006-12-14 13:50:43 · answer #3 · answered by Etiquette Gal 5 · 0⤊ 0⤋
Yes, it is common to get a loan to purchase an engagement ring. But, it is also common to more wisely invest the money into a down payment on a home rather than spend it on a commercialized, hokey, diamond industry invented symbol of endearment. Demonstrate your worthiness as a good spouse by beginning your marriage with the magnificently brilliant financial decision to NOT buy an expensive ring. The BEST way to launch your dreams together is BEST not done in debt.
2006-12-14 00:27:39 · answer #4 · answered by Anonymous · 1⤊ 1⤋
Some places do provide loan options for buyer. They even have it where you get so long interest free. When my husband bought my rings, he took the loan from the jewelers and had one year to pay, no interest. It worked out great. Just make sure you pay it off before all that back interest get tacked on. Good luck.
2006-12-14 00:50:40 · answer #5 · answered by Spoiled 3 · 0⤊ 1⤋
It is very common, however..... what is this saying about the start of your relationship?? DEBT! And, I know this isnt the answer you were looking for, but it worries me when people go into debt at the beginning of a relationship? I know you want a perfect ring for her, and I know you want the moment to be perfect, and you could explain this to her, but DEBT is a big responsibility. Both of you, after your marriage will carry it on together. Talk to her about it. Ask her what she would prefer. Another idea, just to throw one out there, would be to buy a small ring. A past present future ring. You can put a diamond in the ring, to signify the past, and two other stones. The other stones can be replaced, one on the wedding day, and one of the first anniversary. Personally I would love for my guy to buy the best ring out there, but when it comes to knowing that he would be making payments, and paying interest on that ring, logic kicks in! I would rather have the money spent on a better memory. Think about what she wants. If she is definitely want the expensive ring, contemplate what other overly expensive things she might want. It is a good time to sit down and talk about money, and how it influences your choices. Weddings, houses and all of that stuff. Be realistic!! And communicate. It is the only way. You dont want to start your life and marriage together in debt!
2006-12-14 00:41:21 · answer #6 · answered by thelaundryfairy 3 · 1⤊ 1⤋
It's not exactly common but quite a few people do do it. Instead of actually taking out a proper loan though, I would check whether the jewellers give finance. Quite a lot of them do and its quite often at 0% interest. Which will be much cheaper than a loan. and you can also have the finance over a shorter period such as 6 months so that you can pay it off more quickly.
2006-12-14 00:41:08 · answer #7 · answered by Anonymous · 1⤊ 1⤋
Do not take out a loan! It is silly to get yourself in debt over just a ring. Remember it's the symbolism that counts, and your woman is hopefully mature enough to realize that too. There are very beautiful rings you can purchase for $100 and up! Real diamonds, real gold! There is absolutely no need to break the bank over a ring. Save the money for a house.
2006-12-14 02:37:59 · answer #8 · answered by Lydia 7 · 0⤊ 2⤋
Is it mandatory to buy a type that you can't afford? I don't think this sounds very wise. It's up to you as man to make smart and correct decisions, for the well-being of your wife and family. If you're indicating such poor judgment from the very start, what does this say about you?
Just go to the dime store and buy a ring and tell her this is all you can afford. If she really loves you, she'll understand and it won't matter. And if it does matter, then she's probably not worth marrying. Start becoming wise and making good decisions in preparation for marriage. Get a clue, man.
And you people advising him to do it, you need to get a clue, also!
2006-12-14 00:18:57 · answer #9 · answered by Joe C 5 · 3⤊ 1⤋
Oh yes they will all be falling over each other to lend you money. Don't worry about THAT.
You would be MAD to do this. If you are in love, it doesn't matter how expensive the ring is. Even a brass washer will do.
Seriously, DON'T, I beg of you, borrow money to buy jewellery. The mark up on jewellery is huge, about 75% or even more. By the time you borrow the money, you could end up paying 200 pounds for a ring whose true worth is 50 or 60 pounds maximum. Please don't do it.
2006-12-14 00:30:22 · answer #10 · answered by Not Ecky Boy 6 · 1⤊ 1⤋
It is much better to buy an engagement ring out of your savings not from loan,you'll feel more greatful to give your partner something which you'd work hard for and is fully paid so you wont have ot worry of paying it while shes enjoying the ring,,,
2006-12-14 00:18:40 · answer #11 · answered by Anonymous · 1⤊ 1⤋