Credit £3,250 for 36 months | Interest (fixed at 41.16%): £2,464.57. | Total amount payable of £5,714.67.
Representative 49.9% APR. | 36 repayments of: £158.57.
Do you know what it costs today for a wedding?
Have you thought of how you will pay for your wedding?
One of the happiest days in a couple's life, be they young or old, is their wedding day.
Weddings are special and as such, over the years they have taken on a new meaning of not just a public showing of a couple's love for one another, but also a social event, a gathering of family and friends all in one place.
There are only a few times in one's life when you may have all your family and friends close by all gathered in one place, and certainly no happier occasion then a wedding.
Depending on who you ask, and the full details of a wedding, the average costs today can be staggering! Some weddings cost £25,000 or more, and these are not lavish affairs, but a modern wedding with all the trimmings.
While historically the bride's family pays for the wedding, more and more today weddings are becoming a group effort. The bride's family may pay for various things, the grooms family for other parts of the wedding, and many times the couple themselves will pay for, or contribute a large portion to the cost of the wedding.
When you look at all the aspects of a
wedding, you can see how it all adds up:
The list can go on and on, and the sky's the limit depending on
what kind of wedding you want, and also what your budget is.
The first thing a couple needs to do when planning a wedding, after the romance of it all settles in, is to put pen to paper and set-out a budget for the wedding.
The number of guests can be crucial in setting your wedding budget, as the more guests you have, the costlier the wedding can be. And we cannot forget cousin Kevin or Uncle Ernie now can we.
From there you will have a good idea of basic costs for the wedding, and then onto how to pay for it all.
There are many ways to pay for a wedding, and as mentioned, having family contribute to the costs is one popular and traditional way to cover the expenses.
Many couples today also save and contribute to their own weddings.
There also is notion of financing part, or all of the wedding.
Wedding loans are not anything new, and there are many lenders that specialise in just this form of borrowing and loans.
There are many advantages to a wedding loan, and one is that you know exactly how much money you have to work with for the wedding, and you need to bring the wedding in for that cost.
Wedding loans also allow you to have the full amount of money you need at the time, right now, and then pay the loan off over time, with affordable payments.
In searching for a wedding loan there are various types of loans that can be used to finance the happy day:
Each of these forms of financing have their pros and cons.
Personal loans may be difficult to qualify for unless you have good credit and a high credit score.
Credit cards can come with high interest rates, but lower monthly payments. These can take years to pay off.
Overdrafts and lines of credit are usually for short-term borrowing needs and are to be paid back very quickly.
Guarantor loans offer someone who may have bad credit, or a low credit score a way to be approved for a loan, based on the person guaranteeing the loan.
Secured loans, such as a mortgage can offer good terms and rates, but are secured against a property.
The choice of how to pay for and finance a wedding is varied, and can be as different to each couple as the wedding itself.
A Buddy Wedding Loan can help someone who is looking to finance part, or all of their wedding, and may have bad credit.
A Buddy Wedding Loan is not based on credit history or someone's credit score, it is based on affordability, and the fact there is a guarantor for the loan.
A family member or a good friend can be a guarantor for a Buddy Wedding Loan.
Buddy Loans is a direct lender £1000-£7500 +441618504141 Alexandra Court, Carrs Road, Cheadle, SK8 2JY rated stars by Trustpilot.com based on 1128 merchant reviews
Always helpful, reliable and will go out of there way for customers, never had an issue an this is my second loan with them Same great service each time!
Great Company, the communication from start to finish was great, my loan was quickly approved and I received the full amount within 48 hours. I highly recommend Buddy Loans to anyone looking for a guarantor Loan.
Great customer service
I dealt with 2 people mainly and they were soo helpful. Couldnt ask for better customer service.
Very helpful, everything was explained to me and I was asked if I understood each step. Good communication and all callers very friendly. The loan will take a lot of worry off my daughter and I was happy to be her guarantor.
I found them very polite and helpful, they quickly and efficiently sorted out my loan and kept me up to date with its progress. Daniel in applications was brilliant as was Paul in the underwriting team. Thoroughly recommend them!!
Prompt and fast payout
A very professional firm with very little paperwork involved all done and completed within a week. Faultless.
I was a guarantor
These were great. Polite, professional and had a genuine concern to ensure all was explained. I was the guarantor for a good friend and know these guys helped him so much.
Excellent friendly helpful service
Every person I spoke to was very friendly and helpful and they were very knowledgeable about their product would recommend to anyone looking for a loan
Amazing service and very easy and simple process
Amazing service and very easy and simple process. Thank you very much. Would highly recommend. Staff were great very friendly and very informative about everything
From the initial application online right through to the pay out team, brilliant! Easy online application followed by a prompt call back. The whole process was explained thoroughly by a friendly team. Can't thank Buddy enough!!
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Representative 49.9% APR.
Terms and Conditions apply. Suitable Guarantor required. All loans are subject to status and affordability checks prior to approval. All applicants must be 18 or over.
You can use your Buddy Wedding Loan for whatever you need to for your special day. You can use it to pay for catering, your wedding rings, a honeymoon, whatever you wish.
Yes, as long as they have good credit, or have decent credit and are homeowners, they can be the guarantors on your loan.
No, not necessarily, but they do need good credit.
One way to finance a wedding is to use credit cards, however, there may be better alternatives.
Credit cards can carry a high interest rate, and even though the minimum monthly payments may be small, it can take many, many years to pay them off.
A Buddy Wedding Loan is another option, and one that gives you a set term of period of time and you know you will be debt free.
In addition, the interest rate is much lower than what you would pay on many credit cards.
We at Buddy Loans grant loans not based on credit scores or credit history. Bad credit is not a problem or hindrance in being approved for a loan.
If you can afford to repay the loan, and have someone who will vouch for you and guarantee the loan, you can be approved for a loan.
Congratulations on your upcoming big day!
It sounds as though a Buddy Wedding Loan could be the answer.
If your parents are willing to be your guarantors, and you can repay the loan, you could borrow what you need for the wedding, and pay it back over time with payments you can afford each month.
Weak, poor, bad, or no credit is not a problem.
Use our easy online application and you could be approved and the money in your account within 24 hours.
Yes, you can borrow whatever amount you qualify for and require up to £7,500.
The loan can be for anything related to your wedding, including the deposit on a hall or venue. Don't lose your place due to limited funds when you need the cash now. Apply today using our online application form. If you have someone in mind to guarantee the loan, speak with them as well. Once we have all the details for you and your guarantor, we can approve your loan usually in 24 hours.
At Buddy Loans credit history and credit scores are not used to determine a loan. We look at affordability and also the fact you have a guarantor for the loan.
If you have a good buddy, you can get a loan.
Money in your
account the next day
Minimum period for repayment: 12 months | Maximum period for repayment: 60 months | Minimum APR 49.8% | Maximum APR 49.9%
Representative example: Amount of credit £3,250 for 36 months. Interest (fixed at 41.16%): £2,464.57. Total amount payable of £5,714.67. Representative 49.9% APR (Variable). 36 repayments of: £158.57.