Marriage is that particular step is one's existence that has the power to alter to alter your life completely. Once you have found your perfect mate, the trip down the aisle marks the beginning of a new life for both the partners. But is it possible that the idea of a humongous wedding bill putting a stop to this perfect end? Recent surveys show that an average wedding costs somewhere between ?18,000 and ?19,000. According to recent polls, only 40% of the total UK population can actually fund their wedding from their own pockets.
Nowadays, the father of the bride doesn't necessarily foot the bill. Most of the couples pay for their own wedding or else, the cost is divided between the both the families.
Wedding loans are the best bet for couples looking for easy funds. With the advent of online marketing, you will find a variety of finance options for your wedding. There is no limitation regarding the amount that one can borrow, but setting a realistic budget is often a necessity. You may also consider buying some wedding day insurance. As wedding dresses are expensive, you may consider hiring the dress. You can hire a one-off designer gown for about the same as you would pay for an off-the-peg manufacturer's dress. Anyone can qualify for wedding loans, provided they fulfill the criteria regarding income, collateral or credit history.
In fact, it is rather easy to find online wedding loans which offer great interest rates. Borrowers can also use a loan calculator to know whether they can afford the wedding loan or not. Additionally, you may ask different loan lenders for various wedding loan quotes. This will no doubt help you in find a wedding loan deal that not only fulfills your requirements, but also your budget. But wedding loans are not approved instantly. Borrowers should be aware of the time required and apply for the loan beforehand.
