Jewelry is one of the most popular and meaningful gifts, but it often comes with a hefty price tag. Even if the sticker price gives you pause, don’t give up on finding that perfect ring or necklace just yet: there are a multitude of jewelry stores that finance people with bad credit. There’s even jewelry financing for bad credit with no down payment. This article will highlight the financing options available at major jewelry chains and provide you with the necessary information to purchase jewelry at various price points, so you can find something that’s right for you no matter your credit history or budget.

Included In This Article:

  • Financing Options at Major Chain Jewelry Stores

  • Financing Options at Online Jewelry Stores

  • Online Jewelry Stores with Buy Now Pay Later Options

  • And More…

Financing Options at Major Chain Jewelry Stores

One of the great things about chain jewelry stores is that almost anyone can be approved for some type of financing plan. It’s almost guaranteed jewelry financing. Whether you have poor, fair, or excellent credit, the chances are that one of the following jewelry stores will have a financing plan that fits your needs and budget. For companies that declined to specify a minimum credit score, we gathered empirical data via online forums and social media reports of how difficult or easy customers reported the approval process to be. So here are the jewelry stores that finance bad credit, and the ones who don’t.

Kay Jewelers

  • Credit Check Required? Yes
  • Minimum Credit Score: According to Kay Jewelers representatives, there are no specific credit score requirements, as credit decisions are based on the customer’s credit picture as a whole
  • Minimum Purchase Requirement: $500
  • Down Payment Requirement: 20%
  • Minimum Payment Requirement: 1/12 of the purchase rounded up to the nearest $5, but not less than $40
  • Intro Period With 0% APR: 12 Months
  • Standard APR: 26.99% (APR can vary from 17% – 24.99% depending on the state)
  • Deferred Interest: Yes
  • More Financing Information: For more information regarding Kay’s financing options, visit the Financing page of the company’s website.
  • Start shopping here

Jared the Galleria of Jewelry

  • Credit Check Required? Yes
  • Minimum Credit Score: None disclosed, but most buyers approved. We reached out to Jared the Galleria of Jewelry customer support representatives, but the company prefers not to disclose the details of the credit approval process
  • Minimum Purchase Requirement: $1,000 (12-month Diamond Plan); $5,000 (18-month Platinum Plan)
  • Down Payment Requirement: 20% for both plans
  • Minimum Payment Requirement: 1/12 of the purchase rounded up to the nearest $5, but not less than $70 (Diamond Plan); 1/18 of the purchase multiplied by 1.030 and rounded up to the nearest $5, but not less than $250 (Platinum Plan)
  • Intro Period With 0% APR: 12 months (Diamond Plan); 18 months (Platinum Plan)
  • Standard APR: 26.99% (APR can vary from 17% – 26.99% depending on the state)
  • Deferred Interest: Yes
  • More Financing Information: For more information regarding Jared’s financing options, visit the Financing page of the company’s website.
  • Start shopping here

Zales

  • Credit Check Required? Yes
  • Minimum Credit Score: None disclosed, but most buyers approved. We reached out to Zales and found that the credit card used for financing is provided by Comenity Capital Bank. Zales itself does not have access to credit information and Comenity does not publicly disclose a minimum credit score.
  • Minimum Purchase Requirement: $150 (6-month plan); $750 (12-month plan); $3,000 (18-month plan); $1,500 (36-month plan)
  • Down Payment Requirement: 0%
  • Minimum Payment Requirement: Minimum payment varies depending on the type of plan selected. Check the Zales credit terms and conditions for more information
  • Intro Period With 0% APR: 6 months; 12 months; 18 months; 36 months
  • Standard APR: 29.24%
  • Deferred Interest: Yes
  • More Financing Information: For more information regarding Zales’ financing options, visit the Credit Services page of the company’s website.
  • Start shopping here

Fred Meyer Jewelers

  • Credit Check Required? Yes
  • Minimum Credit Score: None disclosed, but approval is reported to be moderately easy. We reached out to Fred Meyer Jewelers and found that the company does not have access to credit approval information. Fred Meyer’s Platinum card is serviced by TD Bank, and the Gold card is serviced by Genesis Bank.
  • Minimum Purchase Requirement: $299 for 6-month plan; $999 for 18-month plan; $1,499 for 60-month plan
  • Down Payment Requirement: 0%
  • Minimum Payment Requirement: This requirement may vary among individual store locations. Contact Fred Meyer Jewelers for more information
  • Intro Period With 0% APR: 6 months; 18 months; 60 months
  • Standard APR: 28.99% for new accounts; 23.73% – 29.99% for existing accounts; 8.99% for 60-month plan
  • Deferred Interest: Yes
  • More Financing Information: For more information regarding Fred Meyer Jewelers’ financing options, visit the Credit Offers page of the company’s website.
  • Start shopping here

Helzberg Diamonds

  • Credit Check Required? Yes
  • Minimum Credit Score: None disclosed, but most buyers approved. We reached out to Helzberg Diamonds, and the company declined to provide additional information. Instead, we were directed to the information on the Helzberg website.
  • Minimum Purchase Requirement: Any purchase for 6-month plan; $749 for 12-month plan; $4,999 for 18-month plan; $799 for 36-month plan
  • Down Payment Requirement: This requirement may vary among individual store locations. Contact Helzberg Diamonds for more information.
  • Minimum Payment Requirement: Minimum payments are the greater of $25 or 2.5% of the purchase for 6-month, 12-month, and 18-month plans. For the 36-month plan, 3.15% of the purchase price and never less than $25.
  • Intro Period With 0% APR: 6 months; 12 months; 18 months; APR starting at 7.99% for 36-month plan
  • Standard APR: 24.9% – 26.9% for 6-month plan, 12-month plan, and 18-month plan; 26.9% for 36-month plan
  • Deferred Interest: Yes
  • More Financing Information: For more information regarding Helzberg Diamonds’ financing options, visit the Financing page of the company’s website. Note: Helzberg Diamonds also offers a Progressive Leasing Program, which requires no credit check.
  • Start shopping here

Financing Options at Online Jewelry Stores

These days, you can buy anything online, including jewelry. Although there are numerous online-only jewelry stores popping up, the following stores are the most reputable. Just like chain jewelry stores, online jewelry stores have many financing options available for customers.

Blue Nile

  • Credit Check Required? Yes
  • Minimum Credit Score: None disclosed, but most buyers approved
  • Minimum Purchase Requirement: $500 for 6-month plan; $1,500 for 12-month plan; $2,000 for 24-month plan; $3,000 for 36-month plan; $4,000 for 48-month plan; $6,000 for 60-month plan
  • Down Payment Requirement: This may vary by the purchase amount and the customer’s creditworthiness. Contact Blue Nile for more information.
  • Minimum Payment Requirement: Minimum payment will not be less than $27
  • Intro Period With 0% APR: 6 months; 12 months; APR starting at 9.99% for 24, 36, 48, or 60-month plans
  • Standard APR: 27.24%
  • Deferred Interest: Yes
  • More Financing Information: For more information regarding Blue Nile’s financing options, visit the Blue Nile Credit Card page of the company’s website.
  • Start shopping here

Online Jewelry Stores with Buy Now Pay Later Options

In addition to traditional financing plans, “Buy Now Pay Later Jewelry” options are also worth considering for those who will be making a major jewelry purchase. Each of the following companies uses a Buy Now Pay Later option through a financing company called Affirm. Here’s a quick primer on Affirm (applicable to all three sites mentioned below):

How It Works: At the payment screen during checkout, select “Affirm monthly payments.” After providing the required information, Affirm will let buyers know how much their monthly payments will be. To qualify for Affirm, buyers must:

  1. Provide their full name, email address, date of birth, and the last four digits of their social security number to help Affirm verify their identity.
  2. Be 18 years or older (19 years or older in Alabama, or if the buyer is a ward of the state in Nebraska).
  3. Provide a valid U.S. or APO/FPO/DPO home address. (Affirm is not currently available to residents of West Virginia.)
  4. Provide a valid U.S. mobile or VoIP number, and agree to receive texts. The phone account must be registered in the buyer’s name.

Ice.com

Ice uses a Buy Now Pay Later option through Affirm.

  • Credit Check Required? Yes, Affirm will perform a “soft” credit check. Most buyers are approved.
  • Down Payment Requirement: Sometimes Affirm is not able to approve financing for the full amount of the purchase. When this happens, a down payment with a debit card will be required.
  • Minimum Purchase Requirement: $50 for 3-month or 6-month plan; $100 for 3-month, 6-month, or 12-month plan; some merchants may offer a 30-day payment option for purchases under $50
  • Standard APR: 0% – 30%
  • Payment Options: 3 months, 6 months, or 12 months
  • More Financing Information: For more information regarding Ice’s financing options, visit the Affirm page of the Ice website. For more information regarding paying with Affirm, visit the FAQs page of the Affirm website.
  • Start shopping here

Super Jeweler

Super Jeweler uses a Buy Now Pay Later option through Affirm.

  • Credit Check Required? Yes, Affirm will perform a “soft” credit check. Most buyers are approved.
  • Down Payment Requirement: Sometimes Affirm is not able to approve financing for the full amount of the purchase. When this happens, a down payment with a debit card will be required.
  • Minimum Purchase Requirement: $50 for 3-month or 6-month plan; $100 for 3-month, 6-month, or 12-month plan; some merchants may offer a 30-day payment option for purchases under $50
  • Standard APR: 0% – 30%
  • Payment Options: 3 months, 6 months, or 12 months
  • More Financing Information: For more information regarding paying with Affirm, visit the FAQs page of the Affirm website.
  • Start shopping here

Szul

Szul uses a Buy Now Pay Later option through Affirm.

  • Credit Check Required? Yes, Affirm will perform a “soft” credit check. Most buyers are approved.
  • Down Payment Requirement: Sometimes Affirm is not able to approve financing for the full amount of the purchase. When this happens, a down payment with a debit card will be required.
  • Minimum Purchase Requirement: $50 for 3-month or 6-month plan; $100 for 3-month, 6-month, or 12-month plan; some merchants may offer a 30-day payment option for purchases under $50.
  • Standard APR: 10% – 30%
  • Payment Options: 3 months, 6 months, or 12 months
  • More Financing Information: For more information regarding Szul’s financing options, visit the Payment Options page on the Szul website. For more information regarding paying with Affirm, visit the FAQs page of the Affirm website.
  • Start shopping here

Bad Credit Jewelry Financing: Conclusion

Buying jewelry for that special someone in your life doesn’t have to be stressful. With all the different financing plans available at major jewelry stores, both physical and online, you’re bound to find a way to buy that ring, necklace, or bracelet your sweetheart has been eyeing. We hope the information in this article will help you make someone (or even yourself) very happy! Jewelry stores that finance bad credit are out there, you just have to know where to look. Enjoy!

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