Finance Your Omega Watch at 0% Interest & 0% Down Payment
Finding the right payment plan to finance your Omega watch has never been easier. At Exquisite Timepieces we provide you with several options to help finance your Omega watch without a down payment and zero interest with certain plans.
Read on to find out more about our options which have been carefully structured to provide you with the convenience and comfort needed when financing a luxury watch.
Does Omega Offer Financing?
At Exquisite Timepieces, we provide the following payment programs which are designed to suit your financial needs:
- PayPal Credit – PayPal's Credit service allows you to purchase your Omega watch today and pay for it later. Your payments can be made bi-weekly or on a monthly basis without the worry of any late fees. This payment program includes little to no interest, making it both convenient and economical.
- Jeweler's Reserve – Choosing this option provides you with an opportunity to enjoy a variety of financing plans which you could use to buy your Omega watch at our store. The interest rate you receive will be dependent on how many payments you choose to make along with the value of your watch. You can also qualify for a 0% interest rate if you make a full payment in a certain amount of time.
- Affirm - Affirm offers you flexibility with your payments. You can purchase your Omega watch and pay for it with installments that are dependent on your type of purchase. You have the option of selecting four interest-free bi-weekly payments for smaller purchases or monthly installments for bigger purchases.
How Easily Can You Finance an Omega Watch?
Signing up for one of our finance plans is a smooth and simple process. Whether you opt for the PayPal Credit, the Jeweler's Reserve or Affirm, completing the process is quick and effortless. You can have your new luxury watch in your possession sooner than expected by using an Omega 0% finance plan to buy your favorite Omega timepiece today:
PayPal Credit
If you're looking for an option that provides you with convenience as well as security, safety and fraud protection, the PayPal's Credit system is the one for you. Known as being one of the best financing plans to help you purchase your Omega timepiece, PayPal allows you to buy your watch today and pay later.
With two financing options to choose from, you are guaranteed to find one that suits you best. The first option, which is for smaller purchases up to the value of $1,500, allows you to pay for your purchase in full with just four bi-weekly installments. This includes one down payment and three installments over a six-week period. There is zero interest and no late fees.
The second option, which is suited for purchases up to $10,000, gives you the opportunity to decide if you would like to complete paying your installments in either 6, 12 or 24 months. Both plans allow you to select an autopay option for your installments and there are no late fees.
The annual percentage rate (APR) for this plan can vary and go up to 35.99%.
Jeweler's Reserve
No annual fees, easy account management and a dedicated plan with zero interest are some of the benefits you would receive if you choose to be a Jeweler's Reserve Cardholder.
The one drawback with this option is you can only use the Jeweler's Reserve financing plans for in-store purchases. Our experienced and skilled team will be ready to assist you at our boutique in Naples, Florida if you decide to opt for this plan. We will help you choose the ideal Omega timepiece for you and finance it with the Jeweler's Reserve.
With regards to the interest rate, the 0% rate only applies if the whole amount is paid in six months (for purchases of $150 or more) or 12 months (for watches that cost above $300).
If you are unable to make the full payment in time, there will be an interest up to 29.99% from the date you bought your Omega timepiece.
For watches that cost $999 or more, you can choose to pay your installments over 18 months, for a purchase that's valued at $1,499 or more you can opt for 24 months or 36 months for items that are priced at $1,999 or more. These monthly payments will have an APR of 11.99%. Although you won't receive a 60-month Omega financing plan, you will have your payment split into 36 installments with a reasonable APR which makes it an excellent offering.
Affirm
The Affirm plan gives you the freedom to purchase your Omega watch today and pay for it at a pace that suits you. Some of the advantages of this option is there are no hidden costs and no late payment fees. You can also choose to have an automatic payment system, so you won't have to worry about when the next payment is due and if your payments are being made on time.
Affirm offers two financing plans and their "Pay in 4" scheme has become the most popular for daily purchases. This finance plan does not impact your credit score and you can pay for anything you decide to purchase with just four bi-weekly installments and zero interest.
If you prefer a longer payment period, you can settle for one of their 12 month payment schemes which includes a variable APR of up to 36%.
Why You Should Consider Omega Watch Financing
Purchasing a new Omega timepiece is a costly endeavor and financing a watch is an important decision to make. While it is the preferred option for some people in comparison to paying for the timepiece in full at the outset, it is essential for you to be financially secure before you decide to invest in a luxury watch.
Financing your watch is viewed as a good option if you are able to secure the timepiece at an excellent price. This helps if you have been saving for your Omega watch but you unfortunately don't have the full required amount when the watch goes on sale. In this case, choosing a financing option will be beneficial to you.
In addition to helping meet the financial amount required, your watch could become a great investment if you choose a long financing plan and the market value rises significantly. It is important to sign up for an Omega payment plan that has zero to a very low interest rate as this will save you money in the long run.
You could also choose to finance your Omega timepiece if you're interested in buying this luxury watch but you're waiting to receive a large bonus or raise at work to help make up the required amount needed for the purchase.
It's vital to have cash available for either an investment opportunity or unforeseen emergencies and an Omega monthly payment plan allows you to save your money while still contributing towards your Omega timepiece purchase with a zero-interest financing plan.
Before you consider applying for a financing plan, you need to ensure you are financially stable to invest in an expensive luxury watch.
How Can Financing a Omega Watch Impact Your Credit?
Choosing a finance plan to purchase your Omega watch or any luxury watch will have a positive and negative effect on your credit score. When you submit a request for financing, a credit score check will have to be completed and this does have a minor negative impact on your credit.
When or if you receive the loan to finance your watch purchase, you can expect your credit score to drop immediately. Your credit score will also be negatively affected if you miss one or a few payments and it is reported by the company.
When it comes to the advantages, your credit score could be impacted positively when you purchase an Omega watch and complete your payments on time. This will serve as an indication of your financial responsibility.
There are also a few financing options that won't have any impact on your credit score. With some plans you can make use of the company's "Buy now, pay later" option to finance your purchase. There are no credit checks required and your loan and payment history won't be reported. If you have a poor credit score or are someone that has difficulty securing loans with favorable interest rates, this will be the best option for you to consider.
FAQs
Am I eligible for a 0% loan?
In order to confirm if you qualify for a 0% loan to purchase your Omega timepiece, our team of financing partners will have to check your credit score. Once we receive the necessary information, we will let you know if you qualify and we will also discuss your options with you.
How long does it take to process my financing request?
The process is quick and is generally completed within two working days. After you submit your information and request for financing, our partners will start with their mandatory check on your credit score as well as the most suitable options for you.
Can you get Omega watch financing without credit check (or bad credit)?
Completing a credit check is one of the requirements, but if you are concerned about your credit score or would prefer not to have the check done, get in touch with us and our partners will try to assist you to determine what your options would be.
