{"id":3356,"date":"2021-04-29T18:34:44","date_gmt":"2021-04-29T18:34:44","guid":{"rendered":"https:\/\/www.brillianteers.com\/blog\/?p=3356"},"modified":"2021-11-24T17:55:52","modified_gmt":"2021-11-24T17:55:52","slug":"engagement-ring-financing-and-layaway-0-interest-and-no-credit-card-options","status":"publish","type":"post","link":"https:\/\/www.brillianteers.com\/blog\/engagement-ring-financing-and-layaway-0-interest-and-no-credit-card-options\/","title":{"rendered":"Engagement Ring Financing and Layaway &#8211; Make the Right Choice"},"content":{"rendered":"<p><script src=\"https:\/\/checkout.getbread.com\/bread.js\" data-api-key=\"591f68ca-f808-4dc5-860a-c21fde4e381e\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">You want to get your future fiance a beautiful engagement ring but don\u2019t want to burn through your savings. What&#8217;s the solution to your problem? Engagement ring financing!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">An engagement ring is (almost) a once-in-a-lifetime purchase and it makes perfect sense to finance it.\u00a0<\/span><span style=\"font-weight: 400;\">There are multiple options to finance your engagement ring purchase even at 0% Interest.\u00a0 Read this article to learn more and make an educated decision.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At Brillianteers, we offer three financing options to help lighten the load of your big purchase. You may be wondering &#8220;<\/span><b><i>Why three financing options?&#8221;\u00a0<\/i><\/b><span style=\"font-weight: 400;\">Each option is different and we want you to choose what\u2019s best for you.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-3357\" src=\"https:\/\/www.brillianteers.com\/blog\/wp-content\/uploads\/2021\/04\/0001-570687943_20210430_022825_0000.png\" alt=\"Engagement Ring Financing\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/www.brillianteers.com\/blog\/wp-content\/uploads\/2021\/04\/0001-570687943_20210430_022825_0000.png 1920w, https:\/\/www.brillianteers.com\/blog\/wp-content\/uploads\/2021\/04\/0001-570687943_20210430_022825_0000-300x169.png 300w, https:\/\/www.brillianteers.com\/blog\/wp-content\/uploads\/2021\/04\/0001-570687943_20210430_022825_0000-768x432.png 768w, https:\/\/www.brillianteers.com\/blog\/wp-content\/uploads\/2021\/04\/0001-570687943_20210430_022825_0000-1024x576.png 1024w, https:\/\/www.brillianteers.com\/blog\/wp-content\/uploads\/2021\/04\/0001-570687943_20210430_022825_0000-696x392.png 696w, https:\/\/www.brillianteers.com\/blog\/wp-content\/uploads\/2021\/04\/0001-570687943_20210430_022825_0000-1068x601.png 1068w, https:\/\/www.brillianteers.com\/blog\/wp-content\/uploads\/2021\/04\/0001-570687943_20210430_022825_0000-747x420.png 747w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">In this article, we will explain the different methods of financing diamond jewelry.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">If You are in No Rush &#8211; Put the Ring on Layaway<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You\u2019ve seen the ring you want on sale or you\u2019ve seen a unique one-of-a-kind diamond you desperately want. The problem is, you can\u2019t pay for it right now but you only need it in 6-12 months, great!\u00a0 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Our layaway plan will be a perfect fit, you only pay a small deposit now, make monthly payments, the ring is reserved for you, and your price is locked.\u00a0 Once the ring is paid in full you get it right away.<\/span><\/p>\n<p><b>Who Brillianteers Layaway is for:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If there\u2019s a specific ring that you want to buy at its current sale price, but can\u2019t afford the full payment yet.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you\u2019ve found a specific diamond you love and want to make sure that diamond is kept for you without paying for it in full.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you are planning your proposal months in the future and are in no rush to receive the ring right away.<\/span><\/li>\n<\/ul>\n<p><b>How Brillianteers Layaway works:<\/b><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Choose the Layaway option upon checkout<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pay a 15% non-refundable deposit. One of our staff members will contact you and send over an invoice for the deposit.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You choose how frequent and what amounts to pay per month, at your convenience.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You will be given the choice of paying through Paypal or by using your Credit Card<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">As soon as you have completed your payments, we will ship the rings to you<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">With the Brillianteers layaway plan, we will have your ring made and stored right after you make the first deposit. We will keep this safe for you and ready to be shipped as soon as you have completed your payments.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">If You Want to Receive the Ring Immediately: Financing with 0% Interest<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you\u2019re looking for an engagement ring financing plan that will allow you to shop for a diamond ring now, and pay the balance later or in installments, at Brillianteers we offer two options starting at 0% interest.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Bread: Buy Now Pay Later (no credit card required)<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Bread is a way for you to buy diamond jewelry immediately and pay for it later. You can be approved for amounts of $1000 and up to $5000 and pay in up to 24 months starting at 0% APR.<\/span><\/p>\n<p><b>Who Bread is for:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you want to buy your ring now and pay later<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you don\u2019t have a credit card to use<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you do have a credit card but not enough balance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you don\u2019t want your credit score to be affected by a credit check which is required for most loans.<\/span><\/li>\n<\/ul>\n<div class=\"bread-three-col\" style=\"text-align: center;\">\n<p><img decoding=\"async\" src=\"https:\/\/www.brillianteers.com\/pub\/media\/wysiwyg\/bread-financing-bread-logo.png\" alt=\"calendar icon\" \/><\/p>\n<div class=\"bread-promo\" style=\"text-align: center; margin: auto; padding: 10px 20px; width: 200px; background: #cccccc;\" data-custom=\"true\" data-button-location=\"financing\">GET MY RATE<\/div>\n<\/div>\n<p><b>How Bread works:<\/b><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Apply for Bread financing on every product page on our website or on our Financing page.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bread will do a soft credit check that <\/span><b>does not affect your credit score<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You will instantly be displayed the amount that you are qualified for<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You will be given the option to pay in 6 monthly installments with a 0% APR. Above 6 monthly installments, you will be charged a monthly interest that\u2019s determined by an evaluation of your credit score, the amount you\u2019ll purchase, and the monthly installments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">As soon as you are authorized for financing by Bread, you can purchase at Brillianteers.com<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">This choice is best if you want to have your item immediately after shopping online. It\u2019s a trusted buy now, pay later option for many online shoppers. And it does not affect your credit score.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Split-it: Up to 12 Credit Card Payments with 0% Interest<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you\u2019re looking to divide your purchase into up to 12 installments on your credit card. Split-it is the best option for you.<\/span><\/p>\n<p><b>Who Split-it is for:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you have a US-based credit card<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you have enough available balance on your card in the full value of the order.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you want to split your purchase to 3-12 monthly installments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you are looking for a 0% interest rate financing option<\/span><\/li>\n<\/ul>\n<p><b>How Split-it works:<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Checkout and choose Split-it as your payment option<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Choose between 2 to 12 monthly installments<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Provide your credit card information<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You are able to finance an amount that\u2019s less or equivalent to your credit limit. If you have a credit limit of $30,000, you can finance a ring worth $30,000.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Your card will be charged with the first monthly payment but pre-authorized for the full balance.\u00a0<\/span><\/li>\n<\/ol>\n<p><b>How Split-it works for a $2,000 purchase:<\/b><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">FIRST MONTH<\/span><\/td>\n<td><b>$200 CHARGE ON CARD<\/b><\/td>\n<td><b>$1800 AUTHORIZED ON CARD<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">SECOND MONTH<\/span><\/td>\n<td><b>$200 CHARGE ON CARD<\/b><\/td>\n<td><b>$1600 AUTHORIZED ON CARD<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">THIRD MONTH<\/span><\/td>\n<td><b>$200 CHARGE ON CARD<\/b><\/td>\n<td><b>$1400 AUTHORIZED ON CARD<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Split-it uses an authorization as a security method against future installments, but only charges $200 per month on your card.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With split-it, you can benefit from using your credit card, not paying any interest, splitting this unique purchase, and getting your ring right away.\u00a0<\/span><\/p>\n<div id=\"signupform\">\n<h3><span style=\"font-weight: 400;\">PayTomorrow: 3 Different Payment Plans &amp; Doesn&#8217;t Affect Your Credit Score\u00a0<\/span><\/h3>\n<p>If you&#8217;re looking for a payment plan with a variety of options, but only want to apply one time, PayTomorrow is the right choice. You only have to apply once, and as soon as you are approved, you have the option of 3 different payment plans to work with. The best part about PayTomorrow is that your <strong>credit score will not be affected\u00a0<\/strong>upon applying.<\/p>\n<p><b>Who PayTomorrow is for:<\/b><\/p>\n<ul>\n<li>If you want minimal effort for an application<\/li>\n<li>If you want a fast and easy approval<\/li>\n<li>If you want different options for payment plans<\/li>\n<li>If you prefer viewing your transactions online<\/li>\n<li>If you are cautious regarding your credit score<\/li>\n<li>If you want a low (or no) initial payment upon checkout<\/li>\n<\/ul>\n<p><b>How PayTomorrow works:<br \/>\n<\/b><\/p>\n<ol>\n<li>Checkout and choose PayTomorrow as your payment option<\/li>\n<li>Fill out a <a href=\"https:\/\/consumer.paytomorrow.com\/pre-approval\/new-pre-approval\/db0a90e6cc90368bc559567144d33954\"><strong>Brillianteers Pre-Approval<\/strong><\/a> form<\/li>\n<li>Once approved, you will be given different payment plan options to choose from<\/li>\n<\/ol>\n<p><strong>PayTomorrow Payment Plans<\/strong><\/p>\n<ul>\n<li>PayTomorrow Prime &#8211; Up to $10,000 and 48months to pay<\/li>\n<li>PayTomorrow Classic &#8211; Up to $6,500 and 24 months to pay<\/li>\n<li>PayTomorrow No Credit &#8211; Up to $5,000, no credit needed<\/li>\n<\/ul>\n<p>PayTomorrow is the answer to a faster transaction that gives you the opportunity to choose a payment plan that works best for you and your purchase, without the risk of affecting your current credit score.<\/p>\n<\/div>\n<h2><span style=\"font-weight: 400;\">Engagement Ring Financing Questions You Need to Know About<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Most of our customers who are seeking to use engagement ring financing as their payment option when shopping for engagement rings, ask specific questions that you\u2019ll most likely want answers to as well. Here\u2019s a breakdown of all the common financing questions that you need to know more about.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Is there a minimum amount to spend to have your ring financed?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">With Brillianteers, you don\u2019t have to worry about a minimum amount to be able to use any of our three financing options.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Can I get a refund if I change my mind about my purchase?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">We have a 30-day money-back guarantee if you do happen to change your mind. This applies to all of our payment plans. Keep in mind that our Brillianteers Layaway plan has a 15% non-refundable deposit upon purchase.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Who can I talk to about engagement ring financing?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You can simply chat with one of our experts available here at our website. You\u2019ll see a chat window that will connect you directly to one of our representatives. We are available to chat any time of the day, 7 days a week, for your convenience.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Can I pay my balance off earlier and is there a penalty?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, if you do want to pay it off earlier than your initial staggered payment plan, you can. There\u2019s no penalty if you do.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Can I use two cards for the payments?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If one card can\u2019t cover the total amount of the ring that you are trying to purchase, you can use two cards.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Conclusion<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The weight of buying an expensive diamond ring shouldn\u2019t be a problem. We have found three effective ways to help you purchase your dream ring, with our engagement ring financing. Go engagement ring shopping at Brillianteers and choose from all of our <\/span><a href=\"https:\/\/www.brillianteers.com\/\"><span style=\"font-weight: 400;\">affordable engagement ring<\/span><\/a><span style=\"font-weight: 400;\"> options. There\u2019s no limit to what you can buy with our payment plans.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You want to get your future fiance a beautiful engagement ring but don\u2019t want to burn through your savings. What&#8217;s the solution to your problem? Engagement ring financing! An engagement ring is (almost) a once-in-a-lifetime purchase and it makes perfect sense to finance it.\u00a0There are multiple options to finance your engagement ring purchase even at [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":3360,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,5,3,4],"tags":[10,369,240,37,241,371,370,372],"class_list":["post-3356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-diamond-jewelry","category-diamond-ring","category-engagement-ring","tag-diamond","tag-diamond-financing","tag-diamond-shopping","tag-engagement-ring-2","tag-engagement-ring-shopping","tag-financing","tag-layaway","tag-payment-plans"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/posts\/3356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/comments?post=3356"}],"version-history":[{"count":11,"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/posts\/3356\/revisions"}],"predecessor-version":[{"id":3696,"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/posts\/3356\/revisions\/3696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/media\/3360"}],"wp:attachment":[{"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/media?parent=3356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/categories?post=3356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brillianteers.com\/blog\/wp-json\/wp\/v2\/tags?post=3356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}