Wedding Loans Wedding Loans 101 Borrowing For Your Wedding Sofi

Pros of wedding loans.

Ring wedding rings nileka jewellery. A wedding loan is a type of personal loan that can help you cover your wedding expenses. By taking out a loan for your wedding you will be paying interest on the loan for years. Cons of wedding loans.

Yes personal loans can be used for wedding financing and for financing any of lifes big events. When you have good credit you deserve a low interest fixed rate loan. A low interest personal wedding loan could be one of the easiest and most convenient ways to fund your big day especially.

We help you find a loan that fits your budget in a timely manner and make your fairy tale wedding come to life. Is splurging for your weddingspecial day. Opt for a wedding loan up to 25 lakh to meet your wedding expenses and make the occasion memorable without stressing over every rupee.

For wedding loans its aprs range from 574 to 1699. The effort that goes into the planning hotel booking months in advance jewellery shopping for different occasions wedding invitations deciding on the caterers and much more. How does a wedding loan work.

Weddings tend to be very expensive costing more than 33000 on average. For example if you take out a 5 year loan for 15000 at a 10 percent interest rate youll end up paying over 4000 in interest over the course of the loan. A personal loan for wedding enables you to pay for anything related to your special day.

Many banks offer wedding loans so you will have plenty of choice when you compare policies. Most wedding loans come in the form of an unsecured personal loan. As an unsecured loan youll receive the funds as a lump sum and make fixed payments to repay the wedding loan.

Lightstream also accepts joint applications and only one applicant must have the minimum credit score of 660. Weddings have always been a thought provoking affair. You can be confident thats what youll get with lightstream because we back our low rates with our rate beat program.

Most people dont have that kind of money lying around which is where loans enter the equation. These loans typically have lower interest rates than credit cards. Wedding loans are personal loans that can help pay for any kind of wedding expense from venue rentals and musicians to the cake and rings.

Pay for everything wedding related at a low interest rate. Wedding loans offer repayment terms that allow for long term financing typically between two and seven.