Bad Credit Jewelry Financing

Consumers are now given more options than ever before when it comes to financing jewelry with bad credit. Using this tool, you can more realistically acquire the jewelry that you love, even if you have a less-than-perfect credit score. Learn about these critical aspects of bad credit jewelry financing below:

  • What Exactly Is Bad Credit Jewelry Financing?
  • Does “No Credit Check” Mean the Same as “No Credit Needed”?
  • Where is Jewelry Financing for Bad Credit Available?
  • Who Can Get Jewelry Financing, and How Do I Apply?
  • FAQs About Bad Credit Jewelry Financing

How Does Jewelry Financing Work With Poor Credit?

Adding jewelry to your wardrobe will enhance both your style and appearance. Jewelry made of gold or diamonds is expensive and requires a large investment. People with less-than-stellar credit history often find it difficult to qualify for traditional loans.

Fortunately, other financing options are available that can help you get the jewelry items you want without putting your finances at risk. Jewelry financing with bad credit is a flexible financing option that allows people with bad credit to purchase high-quality jewelry items (like an engagement ring) without paying for the items in full upfront.

According to Experian’s 2020 Consumer Credit Review, 16% of Americans have a poor credit score of between 300-579, while 18% have a fair credit score of between 580 and 669. A credit score is also crucial when applying for a loan, but 22% of Americans don’t have one, making it hard for them to access traditional loans.

Jewelry credit financing with bad credit may help consumers with less-than-stellar credit history purchase quality jewelry from popular jewelers.

display of engagement rings in silver, rose, and gold

No Credit Check vs. No Credit Needed Financing for Jewelry

No credit check financing for jewelry is different from no credit needed financing in that no credit check financing does not require a credit report or history for approval. This means that the specifics of your credit history don’t affect your credit approval.

  • No Credit Check is when someone’s credit will not be pulled in the process of finding lending for a new appliance.
  • No Credit Needed refers to the fact that your credit score may be checked, but there are other factors that are part of the approval requirements.

You might be wondering: Is a lease the same as a loan?

Leases & loans are quite different – here’s what you need to know:

  • A loan (or personal loan) is generally a lump sum of funds provided on the recipient’s behalf that is paid back over time (and, like most loans, includes interest.)
  • A lease (or rent-to-own option) allows the recipient to possess the leased item for a pre-determined period of time and includes the option to purchase the item outright. It does not include interest but has leasing fees.

What Kind of Jewelry Can Be Financed With Bad Credit?

You can finance almost any type of jewelry you want with bad credit financing. These items include fine jewelry such as diamond rings, necklaces, earrings, bracelets, and cufflinks. You can also buy gold or sterling silver items like chains, pendants, charms, etc.

Available Jewelry Items

People tend to finance popular jewelry items that are in high demand. These include diamond engagement rings, gold pendants, along with earrings, and other jewelry. Below are some common jewelry items and brands, along with average prices and stores where you can purchase them.

Types of Jewelry


Engagement Rings: Find a Store*


Earrings: Find a Store*


Necklaces: Find a Store*

Bracelets: Find a Store*


Chains: Find a Store*


Engagement Rings

Engagement ring financing is crucial when you want to purchase the perfect engagement ring for your loved one but can’t afford to pay in full. Engagement rings symbolize deep love, bond, and a life-long commitment to your partner.

Diamond and gold engagement rings and wedding bands are popular due to their high quality and uniqueness.

Diamond engagement rings are typically costly, but financing may allow you to obtain one with an affordable financing program.

close up of hand grabbing gold band with dark stone ring from display box

There are five types of engagement rings:

  • Vintage – are the original engagement rings that were designed for a bride. It features diamonds or gemstones in art deco or vintage styles.
  • Classic – are the traditional styles that have existed since the 1940s. They feature diamonds or gemstones in solitaire, three-stone, or modern designs.
  • Halo – they feature diamonds or gemstones in halo designs. The stone is held by a metal band that has smaller stones encircled around it.
  • Bezel – this is one of the most popular engagement ring styles today. It features diamonds or gemstones in solid metal bezel settings.
  • Contemporary – they are the newest engagement ring styles that have unique designs. They include diamonds or gemstones in modern, solitaire, halo, or three-stone styles.


Earrings complement your outfit and enhance your overall appearance. They come in different styles to fit every occasion. Their shiny and dazzling appearance makes them a popular selection. Diamond earrings are the most popular type of earrings. Gold, silver, and platinum earrings are also popular.

There are several types of earrings, including:

  • Studs – are small and sit snugly on the ear lobe without looping, dropping, or climbing. They feature a simple design and are perfect for any outfit.
  • Drops – they are slightly bigger than studs and hang slightly below the earlobe. They typically feature a diamond or gemstone that is held by a skinny metal wire. They’re perfect for formal occasions and add sparkle to your outfit.
  • Huggies – they are the most popular type of earrings. They feature a simple design and sit snugly on the ear lobe. They are perfect for every outfit and occasion.
  • Hoops – they are shaped like hoops and loop from the front to the back of the earlobe. They come in different shapes and sizes to complement your glamorous look.
  • Clusters – sit tightly on the earlobe and comprise several stones or gems that form a cluster with a slight drop.


Chains are extensions of your outfit that add glamor and style. They come in different styles to enhance your look. They feature exquisite designs and stylish engravings that add personality to your appearance. Available brands of chains include Tiffany & Co., David Yurman, and Bulgari. Cable gold chains are the most popular type of chain due to their timeless appearance and unique designs.

man putting heart necklace on woman

They come in several styles and designs, including:

  • Box chain – it features wide square-shaped links that are slightly bulging. This makes it perfect for pendants with thick stones like the diamond solitaire.
  • A cable chain – is the most common type comprising oval or round links linked together in an S-shaped pattern.
  • Figaro chain – it comprises slightly angled flat links that interlock like a three-dimensional puzzle.
  • Rope chain – comprises round or oval links with tiny balls of metal on their edges, creating a woven rope appearance.
  • Rollo chains – they are similar to a cable chain with oval or round links with symmetrical sizes. They are bulkier to hold dangles and pendants.

Popularity of Financing Jewelry in 2022

With the advancement of social media, most people today interact and share their experiences. Jewelry has become a popular topic and trend on social media sites like Facebook and Instagram, with everyone trying to showcase their unique styles.

More and more people are now buying jewelry than ever before. However, gold and diamond jewelry are expensive and require a considerable capital investment. And without a good credit history, it often gets challenging for people with bad credit to secure financing from financial institutions and credit unions.

With 34.8% of Americans having credit scores between 580 and 669, most people have turned to tertiary financing options to get their perfect piece of jewelry. As a result, financing jewelry with bad credit has been a popular option for those who have had credit declined by banks and can’t acquire conventional loans. The increased accessibility, evolution, and improvement make tertiary financing a popular choice among people with bad credit.

silver and purple charm bracelet

Bad Credit Jewelry Financing in Summary

Bad credit jewelry financing options are affordable payment plans available to consumers with bad credit to purchase quality jewelry from top jewelry stores to complement their style. Lacking a good credit score often makes it hard for financial institutions to approve you for traditional financing options.

Today, there are specific payment solutions providers that can offer different purchase solutions to people with less-than-stellar credit histories to finance their jewelry purchases.

handshaking and trading collectibles and jewelry with money

Financing Jewelry With Bad Credit – FAQs

While bad credit jewelry financing is an excellent option for people with bad credit, it’s still confusing to most people. Below you will find the most frequently asked questions about this financing option.


Q: What Qualifies as “Bad Credit” Financing?

A: Bad credit jewelry financing refers to an affordable payment plan that can be available to consumers with less-than-stellar credit history.


Q: Where’s the Best Place to Finance Jewelry?

A: The best place to finance your jewelry depends on your needs and situation and where you get financing. Most financial lenders will have specific requirements for the use of their approved financing.


Q: How Can I Finance Jewelry With Bad Credit?

A: You can apply for jewelry financing right here on our website in minutes. Not everyone will be approved, but having bad credit doesn’t automatically mean you’ll be denied. Your credit will be checked, but having a less-than-perfect credit history doesn’t necessarily disqualify you. To begin, select your preferred jewelry store near you.*


Q: Where Can I Use My Jewelry Financing if Approved?

A: These days, there are hundreds of stores that offer bad credit jewelry financing options across the country.