There are no two ways about it. Weddings are expensive. According to most sources, the cost of your big day could set you back upwards of $50,000. So if you don't have that money saved or you're looking down the barrel of a looming wedding deadline, you're going to need to be creative with how you foot the bill.
There are a few things you can do to make it easier - a longer engagement, for example, can buy you some time. But if you're aching to put a ring on it ASAP, a personal loan might be just what you're looking for. Here's our step-by-step guide to choosing the right one for you:
Before you start doing anything, you'll need to know how much you're happy to spend. How many guests will you be inviting? Do you want a photographer, a huge cake, a designer dress? Figure out the amount you're looking to borrow and how much you can afford to repay.
To keep things simple you may want to take out a personal loan. This means you'll have zero restrictions on how you spend the money. You'll also be able to spread the repayments out over several years - which may make things a lot more manageable after the event.
Shopping for a loan is a bit like shopping for your wedding dress: there are lots of options available and you'll know 'the one' the moment you try it on. Latitude's Personal Loan is designed so you can borrow a minimum of $3,000 with a rate that's fixed for the life of the loan. There are no surprises and you can pay it back with regular payments up to 7 years - leaving plenty of room to focus on other pursuits. Did somebody say 'baby'?
No wedding planning would be complete without those last minute extras. The rehearsal dinner, presents for the bridesmaids, an extra $500 on the bar tab - it all adds up. And while you could allocate a portion of your loan to cover these costs, it might be more prudent to consider a credit card for the small ticket items. Our Gem Visa credit card is a great way to fill the gaps in your budget and enjoy your perfect day.
Let's toast to that.
Apply for a Latitude Personal Loan and make your wedding dream a reality.