Wedding loans are the best way to have a dream wedding without having financial trouble. There is no need for you to put up collateral as a surety to the lender as it is an unsecured loan. Our lenders do not consider your credit score as the main factor while approving your wedding loan. As this is an unsecured loan, your loan APR will be mostly based on various other factors. You can decide your loan tenure according to your terms.
Online procedures did make things transparent and hustle free for the borrowers. You can have your dream wedding without having a financial burden. Many lenders are reliable enough to provide a personal loan up to £5,000 for low-interest rates.
Get started with the Online Application to avail a suitable loan for you.
You will get timely and quick answers on your Loan Application.
You will get the loan amount as soon as possible into your bank accounts upon approval of your loan application.
Representative Example : £1000 loan amount taken for 15-months tenure at APR of 35.99% will have a final repayment amount of £1,256.55 with a payable interest amount of £256.55, and a monthly installment of £83.77. The loan amount can be repaid in installments at a monthly amount of £102.90.
A Wedding loan is a kind of a short-term loan which is primarily borrowed to overcome immediate financial emergencies pertaining to planning a wedding. Be it for the dress, for the place or venue, for the food & beverages, or for any other wedding-related arrangements, the wedding loan is the preferable choice of quick cash loans. They do not need any security or collateral to be placed as surety in exchange to borrow a loan. Most lenders provide the wedding loans to people irrespective of their credit histories. Since they are available without collateral, the wedding loans come imposed with considerable APR, which depends on many other factors.
The Wedding Loans are one of the most common & convenient short-term loans that are borrowed to overcome financial exigencies that may arise while planning a wedding. . It can be availed as a lump sum amount and, can be repaid slowly as scheduled. The repayment amount and, the APR is fixed. So, the borrower can plan the monthly budget accordingly. The loan amount should be repaid on time or, the lender may take appropriate actions. However, since the wedding loans do not need collateral, there is no fear of losing an asset.
At FriskyLoans, our financiers will approve your loan applications for amounts starting from £100, up to a maximum amount of £5000, which will come imposed with 651.4% Representative APR (variable). The final imposed terms will depend on many factors like credit scores, loan amount, loan type, loan tenure, etc. However, it is important to choose an amount which you really need and not borrow in excess.
Although the wedding loans are availed to meet the financial requirements for planning a wedding, the financiers at FriskyLoans do not impose many restrictions regarding the usage of the wedding loan funds. However, it is advised that the borrowed amount is used only for genuine purposes and to overcome your immediate financial exigencies. Apart from using for the wedding purposes, you can use the wedding loan funds for paying utility bills, for repairs, for medical needs, for making purchases, etc. But it should be repaid on time.
Undoubtedly, you are the only person who can decide that. You could start by exploring well about the wedding loans, their advantages & disadvantages, etc. If you have any queries, you could get in touch with our representatives for resolving your queries. You could consider your requirements, preferences, and limitations, and decide if availing a wedding loan is the right choice for you.