2007-09-07 06:43:03 · 10 answers · asked by frank_spivey 1 in Family & Relationships ➔ Weddings
Maybe I should clarify. My bad credit is a result of my ex wife. When she decided she wanted a divorce, I agreed to settle financial matters without a judge having to do it all for us (big mistake). She hasn't been paying things that were in my name that legally she should have been paying thus the bad credit rating. It was not a result of my irresponsibility.
2007-09-07 07:25:35 · update #1
You dont borrow money for a ring. Save up to buy whatever you can reasonably afford.
2007-09-07 07:03:54 · answer #1 · answered by fizzy stuff 7 · 3⤊ 0⤋
DON'T FINANCE
DO NOT finance a ring.
You will only put yourself in debt even before she says "yes" and you both say "I do".
Spend what you can AFFORD without taking out a loan or do any financing.
Edit: Saw your added details.
I don't care if you have perfect credit, good credit, bad credit, or no credit, for whatever reason, you DO NOT finance a ring. Save up and find a reasonably priced ring.
2007-09-07 13:56:51 · answer #2 · answered by Terri 7 · 2⤊ 0⤋
No going into debt for an engagement ring. You can get nice ones for about $100 or less at jewelry stores, kmart, wal mart, etc. Might I ask why you feel you need to spend a fortune on one? If your girlfriend is a woman of worth, she'll not care if you spent a dime on it. What she'll care about is it came from you. Mine was $99.
Going into debt is a very bad omen for starting a life together.
2007-09-07 23:17:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I personally wouldn't get married until you could afford to do so. If you have to "finance" a ring, then you can't afford it. People "finance" their homes and their cars. It's "irresponsible" to get yourself in unnecessary debt. Also, does your fiance understand your bad credit??? It's important that she does because that could negatively impact her credit as well and could affect her life-style. Hopefully, you're being honest.
2007-09-08 18:12:14 · answer #4 · answered by Sondra 6 · 0⤊ 0⤋
You don't. Don't go into debt for assets that don't appreciate. Pay cash for the ring. If you can't afford to pay cash for the ring, your finances are not in good enough shape for you to marry. Remember, however, it doesn't have to be an expensive ring.
2007-09-07 13:49:20 · answer #5 · answered by Ms. X 6 · 7⤊ 0⤋
The jewelry store that we went to did instore special credit with us and we now have their credit card. Some jewelry stores are really willing to work with people. Gm Pollack & Sons is a really good jewelry store
2007-09-07 14:28:58 · answer #6 · answered by fhockey1 2 · 0⤊ 2⤋
I would suggest that you put a nice down payment on the ring and ask the jeweler if you could put it in layaway and make payments. If you have bad credit, you should not take on anymore debt. My husband and I purchased our wedding rings this way and it worked out well.
2007-09-07 13:52:29 · answer #7 · answered by ? 7 · 0⤊ 3⤋
2 ways
1. You have to have something to put up as colateroll. Car, House, Boat.
2. have someone w/ good credit cosign.
OR
You can got to a loan shark and use your leggs as colateroll LOL
2007-09-07 13:51:32 · answer #8 · answered by Tino 4 · 0⤊ 3⤋
yeah i say lay away.. some jewlers might be able to let you take it on credit if you put down a good chunk of it ahead of time.. like a downpayment type of deal :)
2007-09-07 16:24:04 · answer #9 · answered by steph 6 · 0⤊ 2⤋
some jewelry stores do "lay away"
2007-09-07 13:52:04 · answer #10 · answered by Diego 3 · 0⤊ 3⤋