It is no secret that diamonds are rare gemstones. In fact, it is their scarcity that provides much of their value. Although the process of mining diamonds, sorting diamonds, and creating diamond jewelry is arduous and expensive, the price of diamond jewelry should not keep you from getting engaged. Like other items of value, there is financing available to help when buying diamond rings online. We wanted to help our customers understand who finances diamond rings and how this process works. Keep reading the Adiamor blog to learn more about affordable payments for engagement rings.
How Financing Works
Purchasing a ring with financing works similar to the process of buying a home appliance through financing. However, unlike other items, the total cost of the purchase is provided up front with no hidden fees.. Like other types of loans, the money is repaid with interest. The rate of interest ranges between 10% and 30% APR based on many factors. The interest rate varies due to credit history as well as the total price of the ring. Payments are made monthly. This is easily accomplished online via debit card or bank transfer. Loans must be paid in full within 3, 6, or 12 months depending on the financing options.
Ring Financing Eligibility
Adiamor customers aged 18 years and older can use Affirm to finance the purchase of an engagement ring. The process of applying for financing is quick and easy. Checking to see if you are eligible does not affect your credit score. In order to use ring financing with Adiamor, simply select Affirm at checkout. While other outside options might be available to individual customers, Affirm is who finances diamond rings through Adiamor’s website. Additionally, Affirm makes sure that there are no hidden fees or deferred interest. By providing high quality service without gimmicks, financing an engagement ring with Affirm is as easy as possible.
A classic solitaire engagement ring
Get The Perfect Ring At Your Price Point
Whether you are creating a custom engagement ring online or purchasing a pre-set diamond ring, not having a couple months salary saved up should not keep you from proposing. With easy financing from a trusted partner, Adiamor makes it possible to get the perfect diamond ring for your beloved. If you have questions about financing options, contact us today. We look forward to helping you acquire the ring of her dreams.
