While a wedding is an incredibly exciting event, the planning involved can often be overwhelming.
Securing a wedding loan could ease the pressure by helping you to book your preferred suppliers sooner so you can focus on enjoying your special day.
Let’s look at how a wedding loan could help to bring your vision to life.
A wedding loan is a personal loan designed to cover wedding-related expenses. You apply for the loan amount you need and choose a repayment term that works for your circumstances.
Once approved, you receive a lump sum directly into your account for any wedding costs, such as supplier deposits. This allows you to book in wedding features sooner without waiting until you have the full amount saved.
Wedding loans are a flexible way to fund your big day and spread the costs out over time.
Planning a wedding involves booking various suppliers, from the entertainment and photographers to the venue, catering, transport and beyond.
If they’re popular, suppliers can book out months, and even years, in advance. So, if you have a dream supplier in mind, it’s a good idea to lock them in early. If you don’t yet have the funds saved, that’s where a wedding loan could help.
Lenders like Liberty offer flexible wedding loans, giving you the freedom to have the wedding you have your heart set on without dipping into your savings upfront.
With fixed repayments and options of three, five, and seven year terms, it could allow you to spread your wedding expenses over the loan term and make budgeting easier.
Whether it’s a big celebration or small backyard ceremony, weddings involve a variety of expenses. A wedding loan could help to cover the cost of:
Engagement rings
Authorised celebrant and marriage license
Key suppliers like venue, catering, photography, flowers
Travel and accommodation expenses for destination weddings
Fun extras such as a live band, photobooth, or audio guest book
Unexpected costs, from a last-minute wet-weather venue to back-up clothing
If you’re thinking about securing a wedding loan, a good first step is to create a budget and determine how much you need to borrow.
Next, compare lender rates and loan terms to determine what might be suitable for your circumstances.
Lenders like Liberty offer a fast online application allowing you to access funds quickly, sometimes within 24 hours.
Then you can start booking suppliers and take steps towards achieving your dream wedding.
Try our online personalised rate estimate tool to find out what loan rate applies to you – it only takes a few minutes.
Ready to lock in your wedding plans? Explore our flexible wedding loan options today.
Approved applicants only. Lending criteria apply. Fees and charges are payable. Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 872 Australian Credit Licence 388133, together trading as Liberty Financial.
What option could work for your situation?
Which option could suit your circumstances?
There’s more than one way a personal loan can help make things happen.