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Understanding Money Back Guarantee Diamonds Policies

Many jewelers are now offering policies of money back guarantees when you buy a loose diamond or a piece of jewelry containing diamonds. This is to show the customers that the diamonds they sell are authentic and are worth the money they pay.
You do have to understand the policies for money back guarantee diamonds though and know that the return policy is not the same for all jewelers. You should always ask about this guarantee when you purchase a diamond. You should also ask about the Kimberley certificate for the diamond to ensure that it is a non-conflict diamond.
A non conflict diamond is one that comes from a country where the sale of diamonds goes towards supporting the economy of the country as a whole. This name has been given to diamonds from some countries because there are parts of the world where the mining of diamonds is a business used to support wars and terrorist acts.
The UN has a published list of country names from which diamonds can legally be imported. They must be accompanied by a Kimberley certificate attesting to the fact that they are not blood diamonds or conflict diamonds.
Legitimate jewelers will gladly show you this certificate when you want to buy a diamond or at least refer to their supplier to find out if the supplier has such a certificate. Once you ascertain the legitimacy of the diamond, you should ask about the policy for a money back guarantee. Diamonds sold under such policies can be returned for a full refund within a time frame set by the retailer. This can be for any reason.
If you do purchase a diamond and then find the same one at a lower price from another jeweler, you can also take advantage of the money back guarantee diamonds policy. Usually the time frame for this is 90 days and basically means that if you find the same diamond at a lower price and the jeweler can verify it is the same stone, you will receive a refund of the difference between the prices.
When you purchase a diamond, you will receive a certificate of authenticity, which may or may not include an appraisal of the diamond. This certificate only attests to the fact that the diamond is real and is not a cubic zirconium diamond, which is man-made. You can have the diamond appraised yourself at one of three internationally recognized gemological institutes.
If the diamond is loose, you can choose GIA or EGL, but ICI appraisals does analyze the stone when it is set in a piece of jewelry. If you find that the stone has not been appraised for the amount you pay, then you can return it to the jeweler taking advantage of the policy for money back guarantee diamonds.
An appraisal of a diamond is an important part of being able to insure the loose diamond or the jewelry. Insurance providers require this certificate so that they have proof of the estimated retail value of the stone should it be lost or stolen. IGI appraisals will give you details about the diamond related to the four C’s – cut, clarity, color and carat.
The carat is the weight of the diamond and while this does translate into a higher price, the other factors affect how much you pay for it as well. The highest priced diamond is one that is pure white with no imperfections, which can be natural flaws or flaws caused in the cutting process.
Buying a diamond is an expensive proposition and you must make sure that you get the best value for your money. Jewelers selling money back guarantee diamonds also have other aspects of the policy that are of interest, such as being able to upgrade to a more expensive diamond by only paying the difference between the one you previously purchased and the one you now want and free cleanings for life.

Allison Ryan is a freelance marketing writer from San Diego, CA. She specializes in money back guarantee diamonds, IGI appraisals, and how to find the best non conflict diamond jewelry. To design your own non conflict diamond jewelry, check out http://www.diamondwave.com/.

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Understanding Guaranteed Personal Loans

Nearly everyone has had a short term financial crisis at one time or another. The cable guy is knocking at the door, or the auto mechanic just left a message. The insurance company is on the phone. Whatever the reason, despite all our efforts to plan and budget well, occasionally we come up short.
Fortunately, lenders understand this. Life happens, and occasionally we don’t have the funds available right away to pay for whatever situation we’re presented with. As such, a number of lenders have created programs for Guaranteed Personal Loans. A guaranteed personal loan differs from a traditional loan in a number of ways – the most obvious being that generally (with a few caveats), you’re actually guaranteed to qualify for the money, regardless of financial situation. For people with bad credit or no credit, that can be a real blessing.
How can I qualify for a guaranteed loan?
As I mentioned, there are a few caveats with “guaranteed” personal loans – to qualify for such a loan, you need to meet a few requirements. First, you need to provide proof of income. Whether this be a job, a social security check, or some other form of income, the lender needs to know that you receive real income on a regular basis with which you will be able to pay the loan back. You generally also need to be at least 18 years of age, have access to a home phone, and have a checking account which is in good standing.
How much can I borrow?
How much you can borrow generally depends on your income and ability to pay the money back, much like a regular loan. However, generally borrowers can receive anywhere from $100 – $1500.
How long does the approval process take?
The approval process for a guaranteed personal loan generally depends on the institution granting the loan – but lenders generally understand that these are short term loans, and therefore need to be processed quickly. Often with online loans for cash, the approval process is instant, or takes at most a few hours. Because there is no credit or background check, the approval process depends only on criteria determined through the lender – there is no third party to wait around for.
How long does it take to receive the money?
With many online lenders, due to the quick approval process and their desire to serve you quickly and efficiently, you can expect your money in just a day or two. Once all the paperwork is filled out and signed, you’ll often find the money deposited in your bank account by the end of the next working business day.

Mike is a personal finance writer whose most recent articles about guaranteed personal loans and no credit check home loans.