Skyler Ramirez has a loan for his house, his car and now his fiancees engagement ring.
The 26-year-old had already picked out the diamond solitaire from Tiffany & Co., when he happened upon an ad for wedding-related loans while he was checking his credit score on Credit Karma.
I thought, Hey, Im going to be making a pretty sizable purchase,” said Ramirez, a general contractor in Fort Myers, Fla., who proposed on Valentines Day. I didnt want to be using cash or pulling money from savings or investments accounts.
It took about 15 minutes to get approval for the five-figure loan. At an interest rate of about 8 percent, it will take more than three years and $300 a month to pay…