Find The Best Wedding Loans with Lending Expert Today!
If you are starting to prepare for the big day, Lending Expert is here to offer you a number of affordable wedding loans and options, with rates starting from just 2.9% APR.
With the average wedding in the UK costing around £30,000, your big day is usually one of the biggest purchases of your life, next to your home and car – and you want to make sure that you do it right.
Our table shows the best loans for a wedding – and we are pleased to provide a number of options including personal, unsecured, secured and guarantor loans, ranging from £500 to £25,000. With a completely online application, Lending Expert wants to help you celebrate your day in style, giving you access to the most competitive rates and highest approval, whether you have good or bad credit scores.
Simply click on the lender of your choice and click on ‘Check My Eligibility’ to get started.
Is a Wedding Loan a Good Idea?
Whether getting a loan for a wedding is a good idea or not will depend on your personal circumstances. But one of the main advantages is that you get to spread repayment over 5 or 7 years if you would like to.
As if organising a wedding is not stressful enough, you can use a wedding loan to ease some of the financial pressures – and you will have plenty of time to pay it off in equal instalments.
Wedding loans can also be available at very low rates, with unsecured loans starting from 2.9% APR and secured loans starting from 3.34% APRC – although subject to status.
You want to enjoy every aspect of the wedding, from the organising, meeting with contractors, the celebration and quality time with your new love and closest family and friends.
What Can a Wedding Loan Pay For?
- Venue hire
- Church or religious ceremony
- Production (lighting, staging and seating)
- Function band
- Master of ceremonies
- Hair and make-up
- Suits and wedding dress
- Engagement and wedding rings
- Video production and photographer
- Wedding carriage
- Wedding insurance
What Are The Best Loans for a Wedding?
When it comes to wedding finance, the most common option is a personal loan, which is used for personal reasons and allows you to borrow up to £25,000 repaid over 1 to 7 years.
This is very similar to an unsecured loan, because it is not secured against any physical assets such as a vehicle or property. Your eligibility is based on factors such as your stable income, credit score and affordability – and ideally you will require a good credit score in order to access the lowest rates.
If you have bad credit or poor credit, there are still a number of viable options available. You can opt for a guarantor loan which requires you to add an extra person to ‘guarantee’ repayments on your behalf if you struggle to repay (rates from 49.7% APR).
There are also secured loans, which allows you to leverage the value of your home, car, bike or van and use this as security to borrow the money you need. You can usually borrow much larger amounts, depending on the value of your collateral, however your items may be at risk of repossession if you cannot keep up with repayments.
What is The Criteria To Apply?
- Over 18 years of age
- Full-time UK resident
- Employed and can afford monthly repayments
- Valid UK bank account, mobile and email address
- No recent bankruptcy, IVAs or CCJs
- Good or fair credit score (unsecured or personal loans)
- Owner of vehicle or property (secured loans)
- A guarantor (for guarantor loans)
Why Choose Lending Expert To Find The Best Wedding Loans?
Lending Expert is delighted to be part of your big day – and we want to take all the hassle out of the process so you can enjoy your pending nuptials in the best way possible.
Planning a wedding is not easy, but at least you can have financial peace of mind.
We offer a full market price comparison, so you can find the best rates and apply directly with the lender today. You can usually receive an indicative decision within minutes and subject to further checks, your loan can be approved in just a matter of days (note that secured loans may take a little longer).
Our service is completely free to use – and always will be. It is completely online so you do not have to worry about filling in paperwork or queuing up at a bank branch. We have fully checked and reviewed every lender that we work with so that your loan enquiry is in good hands and you can say ‘I do!’
Can I Apply for a Wedding Loan with 0% Interest?
Yes, it is possible to find wedding loans with zero interest and this is usually in the form of credit cards. If you have an introductory offer with 0% interest and pay it off on time, you can essentially borrow money without paying any interest. There are specific credit cards available which are perfect for large purchases like a wedding – and you may be able to earn points too!
For more information: see 0% purchases credit cards
Can I Get a Wedding Loan with Bad Credit?
Yes, it is possible to borrow money for a wedding, even with a bad or poor credit history. We work with a number of lenders who are willing to take all circumstances into consideration and if you are committed to repaying on time, they will gladly consider your application.
Lending Expert also has options available for people with bad credit including secured loans and guarantor loans – you will just need to use some form of security or add a guarantor that you know to your application.
How To Apply for a Wedding Loan Online with Lending Expert
To enquire about a wedding loan, use our comparison table provided to compare loan amounts, rates and durations and once you have found the right one for you, simply click on ‘Check My Eligibility.’
You will be taken directly to the lender’s website and asked to complete a few simple details in less than 5 minutes. You should receive an immediate decision and the lender will carry out some additional checks to confirm your eligibility. We call this the honeymoon period!
Once fully approved, you are ready to tie the knot and your funds can be transferred to your bank account in just a few days. We do not charge any fees for using our service and it will not impact your credit score in any way.
Simply click on the lender of your choice to begin your life of happy ever after!