Can you finance jewelry with bad credit?

Yes, you can. You may be eligible for layaway plans and personal loans. However, be prepared for steep interest rates because lenders view bad-credit borrowers as higher risk. It's best to wait until you're in a better financial position before buying a nonessential expense.

Does engagement ring financing work the same as other pieces of jewelry?

Yes, you can finance an engagement ring just like any other piece of jewelry — with in-store promotions, a credit card or a personal loan.

What credit score do I need to finance jewelry?

To qualify for 0% financing, you'll need good to excellent credit above 660. If you have bad credit below 560, you can qualify for a personal loan from an alternative lender to pay for your jewelry.