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Think financing is difficult? Getting engaged can be a scary and expensive endeavor. Losing the commitment jitters is one thing, but coming up with the money to buy a ring is quite another. If cash is short, you can finance an engagement ring through the jeweler or rely on unsecured personal loans on your own. Still, retailers are more apt to offer zero percent financing for a period of time, assuming that you pay it back in the allotted time, says Day.

"Follow all the rules with zero interest offers," Day says. "If you financed an engagement ring interest-free for six months and it's not paid off at the end of six months, huge interest has been accumulating in the background."


 

 

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