Apply today and we’ll do our best to find wedding loans for bad credit that are suitable for you. If you do happen to have a poor credit score, it may mean that interest rates will be higher than average. If you do have plenty of time before your wedding day, it could be the perfect opportunity to look and improve your credit score before applying for a quick wedding loan with us.
Advantages of Borrowing Wedding Loans UK
If you’re not sure whether wedding loans are right for you, here are some of the main reasons borrowers have chosen personal loans for their wedding through Personal Loans Now:
- Wedding loans may help you avoid stacking up debt on multiple credit cards which can charge a much higher rate of interest.
- Once you have received the cash from a quick wedding loan into your bank account, you will be able to start paying for the various expenses of the wedding immediately.
- You may be able to request a discount on wedding services by paying in cash instead of through your bank account to help create more savings.
- By paying for wedding services upfront and earlier, it can cost you much less than booking last minute.
- When paying for a wedding with a quick wedding loan, you’ll be able to budget for the repayments and choose what the loan repayment terms will be. If you have a good credit score, you may be able to get a lower rate of interest which will reduce the total cost of your borrowing.
How Much Can I Borrow with Wedding Loans UK?
Each lender will have their own individual policies determining how much they can offer an applicant when it comes to providing wedding loans. At Personal Loans Now, we can help by offering from between £1,000 up to £25,000 on wedding loans that may help you finance the dream wedding you’ve always wanted. With wedding loans, we also offer longer repayment terms to help you manage the monthly repayments. When choosing to apply with us, there is a very high acceptance rate meaning depending on your financial circumstances, you could be a step nearer to quick wedding loan.
Why Do I Need to Ensure that a Lender Is Trustworthy for Wedding Loans?
Being a victim of fraud is the last thing you want to happen in the lead up to your wedding day. There are many companies out there who pose as legal and trustworthy lenders so that they can gain access to your private details. We recommend that before you choose to apply with any wedding loans lender online, you check they are legal and FCA-authorised. We at Personal Loans Now are an FCA authorised direct lender and we also work with Monevo, an FCA-authorised credit broker. We take your privacy and security seriously when applying for wedding loans, so you can be secure in the knowledge that your details are safe and your loan (if approved) will be protected under the current UK regulations.
Alternatives to Wedding Loans UK
If wedding loans aren’t the right option to help pay for your wedding, there are some alternatives to consider:
Many credit cards available today offer 0% for an introductory period on balance transfers or purchases and in some cases, both. In this way borrowing money to pay for at least some of your wedding can be completely free of charge. This can be an excellent alternative for anyone needing to borrow smaller amounts – particularly given the higher interest rates on smaller personal loans.
Long term loans also may prove to be a good alternative as they may be easier to get approved for, with sometimes lower interest rates and longer repayment terms to reduce your monthly repayments. We always encourage you to explore all your options before signing any agreement. In some cases, wedding loans from Personal Loans Now may be an excellent option for you.
Apply for Wedding Loans from Personal Loans Now Today
As your wedding day is one of the most important days in your life, you’ll want everything to turn out perfectly. There are always ways to reduce costs, but you may find that you do not have enough to finance your dream wedding on a budget. If you do decide on applying for wedding loans, here at Personal Loans Now we’d be delighted to look to help find you the perfect personal loan for your big day.
We are a direct lender, but we also work with Monevo, a panel of many of the UK’s FCA-authorised direct lenders that look to provide you with a higher acceptance rate where possible. Our technology is specifically designed to help you find the personal loan that works for you with the best interest rates for your needs in the quickest time. This means that you can apply for any loan amount between £1,000 and £25,000* and receive a decision within just 90 seconds. If you are approved, you can receive the credit into your bank account on the very same day.
If you’re worried about your bad credit history, we still may be able to help at Personal Loans Now. Contact us today to find out how we can help finance your dream wedding today.