Wedding loans: How to finance wedding costs.

Whether you’d like a large, extravagant wedding or a small, casual affair, you may find yourself short on cash as you get deeper into planning out all of the miscellaneous details. This is where a wedding loan could be helpful in making your big day a dream come true.

Wedding loans make sense for some scenarios, but not all. Weigh the alternatives before jumping to a loan to ensure you’re starting your life with your new spouse on the right financial foot.

What a wedding loan is.

A wedding loan is a type of personal loan marketed toward engaged couples who are planning weddings. Some couples may use a wedding loan to finance certain parts of their big day, such as upgrading catering options, while others will use financing to pay for the whole event.

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Pros of wedding loans

  • Soft credit checks:
  • Potentially lower interest rates:
  • Longer repayment terms:
  • They’re unsecured loans: