Manchester Call Centre
Wedding Loans
Why take out a wedding loan?
If you’re worried about affording your dream wedding, a wedding loan can be used to spread the cost of repayments for everything that goes into your big day. A loan for your wedding allows you to pay off all the suppliers in one go, leaving you with one simple repayment plan.
There’s so much time and effort that goes into ensuring an enjoyable and memorable wedding. But in order for everything to run smoothly, it needs military-style precision planning. Everything from ceremony timings to who’s doing the speeches, to booking the right kind of entertainment for your guests. This meticulous planning is no different when it comes to raising the cash to pay for the wedding. The more you want for your big day, the more the costs can start to stack up.
Without a considerable amount saved, you may be disheartened by the idea of settling for less than you dreamed of. You may not want to compromise – on a venue, a menu, or even an entertainer that doesn’t fit your vision exactly – in order to afford the rest of your ideal wedding.
Should I take out a wedding loan?
If you want some help to afford everything that’s on your wedding wish list, a loan from Progressive Money could be just what you need.
If you’re accepted, you can make sure that everything for your wedding is just the way you want it, without having to settle for second best. We take your current circumstances into account when we make a decision, because we know there’s more to your money situation than what a computer tells us.
What a wedding loan can be used for?
The average cost of a wedding is £24,000(1) – it’s a huge price to pay, but worth every penny to create lifelong memories of a special day. There are many different aspects of a wedding that make up this total figure, but the beauty of a wedding loan is the freedom of choice it affords.
A wedding loan could cover all or part of the cost of your big day. Once your application is approved, you can make your own decisions on what the money is used for. You could use your wedding loan to pay for a caterer, or as the deposit to secure the venue you’ve had your eye on. It can go towards gifts for your guests of honour, or be used to get the groomsmen suited and booted. You could even use your wedding loan to upgrade the honeymoon you’ve got planned. What you choose to spend the money on is entirely up to you.
With Progressive Money you can spread the cost of your wedding over a period of time to suit you, with no hidden fees or charges. Our customers appreciate the upfront approach that we take to lending money, as it means they can get on with planning the big day and leave the loans to us.
Am I eligible for a wedding loan with Progressive Money?
As long as you meet the following requirements, you may be eligible for a wedding loan.
- Aged 18-70
- A homeowner
- Employed or self-employed
- Living in England, Scotland or Wales
- Able to afford monthly repayments comfortably from your regular income.
Our wedding finance service is an unsecured loan, so it’s not tied to anything like your car or home. However, it’s still a requirement that you are a homeowner in order to borrow.
Your personal loan can’t be guaranteed until we have reviewed your current circumstances and worked out a payment plan that you can afford.
Borrow money over a duration of 18 months to 10 years, at an agreed-upon monthly rate you can afford. Loans are available from £1,000 to £15,000, which you can use to make your wedding the happy occasion you’ve always dreamed of.
How to Apply
Applying for a wedding loan from Progressive Money is easy. Just click through to the Apply section, fill in your details, and we’ll get back to you.
A personal account manager is just a quick call away for any questions you might have about your repayments.
When you borrow from us, you can rest assured that we’re here to support you every step of the way.Our application process is simple to make sure your loan application is not a confusing process.We treat every customer as an individual and look at their unique circumstances, not just their credit score.
£5,000 loan
If you’re making plans for the future or need to fix up something in the home, you may find some financial assistance is the best way to get the job done. With a 5,000 pound loan from Progressive Money, you can take control. We’ll work with you to discuss a loan duration and monthly repayment plan that’s tailored to your current needs. Choose a long-term deal like a £5,000 loan over 5 years if you feel comfortable with such a loan period, or opt for a different timescale to pay back the money if you so wish.
Read more£10,000 loans
If you’re looking to renovate your home, upgrade your car or consolidate a number of outgoing payments, a £10,000 loan may help make those plans a reality. At Progressive Money, we appreciate that it can be difficult to raise the funds needed for life’s bigger purchases – and we want to help. By taking out a £10,000 loan with us, you can meet the price tags of your plans and then pay off the loan, plus interest, in manageable monthly instalments.
Read moreSocialise
Progressive Money Limited is a direct lender and licensed credit broker. If your application for a loan doesn’t meet the underwriting requirements of Progressive Money Limited or you wish to consider other lending options, we may with your permission, pass your information onto other selected third party lenders or brokers, including other group companies. Authorised and regulated by the Financial Conduct Authority. Firm Reference No. 690699. Registered with the Information Commissioners Office No. Z3414982.
