Financing
Learn about Financing
Jewelry Financing & Payment Options
Beautiful Jewelry. Flexible Ways to Pay.
Whether you're shopping for an engagement ring, celebrating an anniversary, choosing a special gift, or finally purchasing a piece you've had your eye on, Hopman Jewelers offers several ways to make your purchase more manageable.
We offer in-store layaway, financing through Synchrony, and lease-to-own options through Acima, giving you the flexibility to choose the payment option that works best for you.
Our team is happy to explain your options and help you determine which program may be right for your purchase.
Hopman Jewelers Layaway
Prefer to pay over time without applying for financing? Our traditional layaway program allows you to reserve your jewelry and make payments over several months.
How Our Layaway Works
Available on eligible purchases from $200 to $3,000
20% down payment required
Up to 6 months to pay
Payments must be made monthly
Your jewelry remains at Hopman Jewelers until the balance is paid in full
Layaway Cancellation Policy
We understand that circumstances can change. Because merchandise placed on layaway is removed from available inventory, the following cancellation policies apply:
No refunds are available on canceled layaways after 30 days.
If a layaway is canceled within 90 days, a 10% restocking fee applies.
After 90 days, 50% of the amount paid will be issued as in-store credit.
If no payment is made for five consecutive weeks, the layaway will be canceled and the item returned to stock.
Please ask a Hopman Jewelers associate for complete details before beginning a layaway.
Synchrony Financing
For customers who would like to purchase their jewelry now and pay over time, we offer financing through Synchrony.
Synchrony offers promotional financing options for qualified applicants, which may include interest-free promotional periods when the balance is paid according to the terms of the promotion.
Financing is subject to credit approval and the terms and conditions of the financing offer.
How Synchrony Financing Works
Choose the jewelry you'd like to purchase and speak with a Hopman Jewelers associate about current Synchrony financing options. You'll complete an application, and if approved, you can use your available financing toward eligible purchases.
Synchrony explains its financing and application process here:
Acima Lease-to-Own
Hopman Jewelers also offers Acima as an alternative to traditional credit financing.
Acima's lease-to-own program can be an option for customers who may have less-than-perfect credit or prefer an alternative to traditional financing. Acima considers more than just a traditional credit score when evaluating applications.
If approved, Acima purchases the eligible merchandise and leases it to you according to the terms of your agreement. You'll make an initial payment followed by scheduled lease payments, with options to obtain ownership. Early-purchase options may also be available and can reduce the overall cost compared with making all scheduled lease payments.
Because lease-to-own is not the same as traditional credit financing and the total cost can be higher than the original cash price, we encourage customers to carefully review their Acima agreement, payment schedule, total cost, and early-purchase options before signing.
Which Payment Option Is Right for Me?
Choose Hopman Layaway if:
You don't need to take your jewelry home immediately and would prefer to make payments over time without applying for financing.
Consider Synchrony if:
You'd like to take your purchase home and are interested in available promotional financing, subject to credit approval.
Consider Acima if:
You're looking for a lease-to-own alternative to traditional credit financing.
Our associates can explain the options available at Hopman Jewelers so you can make an informed decision.
Frequently Asked Questions
Does Hopman Jewelers offer financing?
Yes. We offer financing through Synchrony as well as lease-to-own options through Acima. We also have our own in-store layaway program.
Do I need credit for layaway?
Our traditional layaway program does not require a financing application. A 20% down payment is required, and the balance must be paid according to our layaway terms.
Can I take my jewelry home when I put it on layaway?
No. Layaway merchandise remains at Hopman Jewelers until the balance has been paid in full.
How long do I have to pay off a layaway?
Our layaway term is six months, with monthly payments required.
Does Synchrony offer interest-free financing?
Promotional financing may be available to qualified applicants. Offers and terms can vary, so please ask us about the current Synchrony financing options available for your purchase.
What is Acima?
Acima provides lease-to-own purchasing options and is an alternative to traditional credit financing. If approved, Acima purchases eligible merchandise and leases it to you under the terms of your agreement.
Is Acima the same as a credit card?
No. Acima's lease-to-own program is not a traditional credit card or conventional financing agreement. Be sure to review the complete lease terms and total cost before agreeing to the lease.
Can I pay off Acima early?
Acima offers early-purchase options. The specific terms are outlined in the customer's lease agreement.
Can I use financing for an engagement ring?
Financing and payment options may be available for eligible engagement ring and bridal purchases. Ask one of our associates which options are available for the jewelry you've selected.
Find the Right Way to Make It Yours
Finding the perfect piece of jewelry should be exciting. At Hopman Jewelers, we're happy to help you understand the payment options available so you can choose the one that works best for you.
Visit Hopman Jewelers in beautiful downtown Elkhart to learn more about layaway, Synchrony financing, and Acima lease-to-own options.
Jewelry for every engagement.