Do you have to be 18+ to put a down payment on an engagement ring?
2007-09-10 12:03:24 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
No, anyone can put something on lay-away. But believe me, you are too young to be engaged. Enjoy your freedom while you can.
2007-09-10 12:10:50 · answer #1 · answered by Suzy 5 · 0⤊ 0⤋
In most places , contracts with minors ( under 18) are not legal / binding ,
So a business will rarely get into it with them .
Also , buy the ring when you can afford it .
Down payment says you are shopping 'Above' your income .
Baaaaad way to start life .
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2007-09-10 19:12:46 · answer #2 · answered by kate 7 · 2⤊ 0⤋
If you are applying for credit, then most places will require that you are 18 and that you have a steady job. There are probably some shady places that will do it, but they will charge you a ridiculous interest rate. Shop around and find the best prices, don't rush in to anything, you have plenty of time.
2007-09-10 19:10:22 · answer #3 · answered by jml167 4 · 1⤊ 0⤋
If you're putting money down on a ring, you better pack it up and quit life. You're going to have a rough road financially.
2007-09-10 19:11:37 · answer #4 · answered by justin schwan 3 · 2⤊ 0⤋
That depends on the store's policy.
2007-09-10 19:10:45 · answer #5 · answered by chattygirlchild 4 · 0⤊ 0⤋