Wedding Loans

Before the brides and grooms-to-be start stressing out, there’s an easy and simple solution to financing your wedding—a wedding loan. Have the wedding you’ve always dreamed of sooner rather than later.

What is a wedding loan?

A wedding loan is a type of personal loan that borrowers can use to finance their wedding. Instead of using their credit cards or savings, they can take out a loan and use the funds for any wedding-related expense. This is great for couples who do not want to wait to have their dream wedding.

Using a wedding loan, you can spread the cost of your nuptials instead of huge lump sum costs. Wedding loans operate like a standard personal loan, where you pay back the loan amount with interest over a set loan term.

What can I use a wedding loan for?

Personal loans for weddings give you the flexibility to pay for whatever you may need for your big day (which can include before and after). Below is a quick, non-extensive list of what you can use your wedding loan for:

• Wedding venue
• Wedding accommodation
• Wedding gown and suit
• Bridesmaids’ gowns and groomsmen’s suits
• Catering
• Makeup artist
• Photographer
• Wedding car and transport
• Engagement and wedding rings
• Engagement parties
• Honeymoon

Generally, as long as the cost is associated with your wedding, you can use your wedding loan to pay for it. This is so you can have the wedding you want, exactly how you want it without worrying about restrictions.

Does a wedding loan need to be a joint application?

You can take out a wedding loan by yourself or with your partner. This type of loan does not need to be a joint application. If you think it will make repayments more affordable, you and your partner can both be on the application and split the payments. This decision depends on your financial situation and what will make you the most comfortable.

Parents may also take out a wedding loan if they would like to help with their children’s wedding expenses. Whether fully paying for the event or partially, taking out a wedding loan as a parent is possible.

Can I get a wedding loan with bad credit?

Yes, you can potentially still get a wedding loan if you have a low credit score. In fact, there are wedding loans out there specifically for those who have bad credit. Talk to your lender or broker to discuss wedding loan options for bad credit options.

How do I apply for a wedding loan?

Looking for the right loan can be a hassle which is something you don’t need on top of wedding stress. Let CarLoans.com.au help you get the best wedding loan. When applying for a wedding loan, you’ll need the following documents:

• Identification
• Proof of income
• Bank statements

Looking for a good wedding loan can be a hassle—something you don’t need on top of hectic wedding planning. Let CarLoans.com.au help you get the best wedding loan efficiently and without causing additional stress.

All you need to do is give us a call at 1300 889 669 or apply online! We’ll analyse your financial situation and consider your wedding needs, so you get the perfect wedding loan. Plus, we work with countless lenders to ensure you get the best wedding loan possible.

Questions? We can help.