Wedding Loans UK
Most people experience financial difficulties. Losing a job and struggling to maintain financial commitments, illness or a sudden huge expense should never affect our ability to enjoy life way after the debt is cleared. It certainly shouldn’t harm our ability to pay for a wedding. It’s supposed to be the best day of your life, but if you can’t afford the basics, what do you do?
Whether you’re looking to take out a loan for upcoming wedding arrangements, pay for a honeymoon, or pay off a wedding paid for on credit cards with something with lower interest, we may have the ideal solution. Now Loans provide access to lenders with flexible wedding loans for people like you with a bad credit history.
What are Wedding Day Loans?
Also known as personal wedding loans, these are unsecured wedding loans for people with bad credit. As they are unsecured, you have the choice of using a guarantor, who will become liable for the debt if the person or couple taking out the loan defaults, or you can get one of our bad credit personal loan. Either choice is a great way to secure a loan when the applicant needs the money but has a history of bad credit.
If accepted for a Now Loans product, you’ll be safe in the knowledge that we offer a dedicated and professional service.
With our comprehensive wedding loans for bad credit, you can:
- Borrow small wedding loans from £500 up to £15,000
- An option to pay off your loan early, reducing the overall costs – no penalties or fees as there is with a bank loan
- Our guarantor-based wedding loans UK products rely much less on your credit score, examining that of the guarantor, so there is a higher chance of acceptance
- You could also use a bad credit personal loan to fund your wedding. This loan does not need a guarantor – ideal for those who do not have a person who could guarantee the loan
If you have bad credit history and you’ve been refused loans or credit cards in the past, our loans suitable for weddings offer flexible borrowing at competitive rates. They can be used to pay for your wedding, honeymoon, or both, easing your financial worries as you start your new life together.
All our UK wedding loan options:
- Allow you to borrow up to £15,000
- Have a quick and easy application process
- Are open to homeowners and non-homeowners alike
- Option to repay early, saving money on interest
- Offer flexible repayment terms in line with your financial situation
- Quotes are 100% free with no obligation to buy
Look no further for instant guarantor loans for this and other big events.
What Are My Wedding Day Loan Options?
When applying for a guarantor wedding loan, you first need to find a financially stable guarantor. Somebody trustworthy with a good credit score such as a family member or close friend. The most important point here is that if you fail to make repayments on your wedding day loans, somebody else is required to pay it. Choose wisely who you would like to be your guarantor and ensure you have their full agreement. The guarantor cannot have a financial connection to you. That means no dependents, person on whom you are dependent, nor a partner
- Must be aged between 21 and 75
- They must have a good credit rating
- They must be a UK resident with a UK bank account and debit card and a minimum regular income of £400 per month
If you have a history of poor credit or no credit history, one of our guarantor personal wedding loans is a practical and wise way to keep on top of personal finances. We assess both your, and the guarantor’s credit score to offer you the best deal available.
There are some other considerations before applying for a guarantor supported personal wedding loan. Whoever you ask to be your guarantor must understand that they will become liable for the debt if you default. This could strain a relationship if you experience difficulty.
Bad Credit Loans
With one of our bad credit loans to fund your wedding, you don’t need a guarantor and you don’t need a security such as your home. This is ideal for customers with a limited circle of people willing or able to guarantee a loan; it’s also a great option for people without adequate property against which to secure the repayments. Bad credit loans are unsecured loans developed for people just like you. Though they have a higher interest rate, they are developed for short term use, for emergencies, and costs that require a high outlay and cannot be spread over time. Therefore, perfect for those ongoing wedding costs, or even for the honeymoon.
A bad credit loan can help repair your credit rating, especially if you decide to make larger payments earlier than the settlement end period. Some loans charge a fee to customers settling early, but this type of loan does not. The faster you pay it off, the cheaper the overall cost to you and the better it is for your credit score down the line. This is a great choice for people who want flexibility and to spread the cost of high value investments.
As they are designed to help repair your credit score, you will find more credit options open to you in future.
Whichever wedding loan option you are considering right now, you can use our site to check your eligibility. You could receive acceptance for one of our guarantor loans or bad credit loans for your wedding with just a few mouse clicks. Our easy to use online application process is safe and secure. It could take just 24 hours to get your bad credit wedding loan authorised, and in your account, ready to plan your perfect day. With competitive APRs available, Now Loans have some of the best deals around.
Your ideal wedding is waiting for you when you take out one of our personal wedding loans.
Please fill in more information to see initial calculations.
Monthly repayments £
Total repayable £
Representative APR %
This tool is for guidance ONLY. It is designed to help you estimate loan repayments. It uses the representative APR of each product. Lenders have a duty to conduct affordability checks when you apply for a loan.
Representative example. Borrow £3,000 with repayments scheduled over 36 months each totalling £162.34 at a fixed interest rate of 45.10%. Total interest payable at £2,844.30, meaning the total repayable after 36 months is £5,844.30.
Representative APR 50.0% fixed. This example is for illustration purposes only. The rate and/or term you are offered is dependent on your individual circumstances.
Representative example. Borrow £3,000 with repayments scheduled over 36 months each totalling £144.16 at a fixed interest rate of 34.05%. Total interest payable at £2,189.60 meaning the total repayable after 36 months is £5,189.60.
Representative APR 39.9% fixed. This example is for illustration purposes only. The rate and/or term you are offered is dependent on your individual circumstances.