Personal Loans for Wedding Expenses

personal loans for wedding expenses

Personal Loans for Wedding Expenses

First let me say congratulations on your decision to get married and spend your life together. This is a special time in any couples life and you want it to be perfect. Paying for wedding expenses can be a burden and we want to discuss some smart solutions to the issue of using personal loans for wedding expenses.

What Are The Best Personal Loans for Paying Wedding Expenses?

New more modern peer to peer loans are a great way to pay for your wedding expenses. Peer to peer lenders provide personal loans from $2,000 up to $40,000 at reasonable rates. These are unsecured loans and require no collateral. Once approved you can use the money however you wish.

The interesting thing about a peer to peer loan is that it is funded by individual investors who fund the loan in a few hours. You will normally need a good credit score for certain peer to peer lenders, but we will list different options for all credit scores.

The reason why these are so great is that you do not have to go to a bank and everything can be done online. Yes the entire process can be performed online and you can actually have money in your account in a day or two. You can many times get a personal loan through a peer to peer lender much easier and with a lower credit score. It is typically less red tape and just a faster overall process.

Who Are Some Recommended Peer to Peer Lenders?

We will list them by your credit quality so you can apply for the right peer to peer personal loan. Just click on any of the links provided to go to that lenders online application to get approved.

If you have really good credit, you can check out the option below:

Lending Club – Low Rates on Personal Loans from $1,000 – $40,000.

If you have less than perfect credit, check out this lender below.

Avant Personal Loans

If you are are relatively young with almost no credit build up, but you have jobs and are college educated check out this option for a personal loan below. Loans

What is The General Process When Applying Through a Peer to Peer Lender?

It is a pretty simple process and can be much faster than applying for a personal loan through a bank or credit union.

You will visit the lenders website and fill out the online application.

The next step is that you will find out the rate you qualify for and the terms of the loan. You will then accept this if you are good with it.

The funding process will then start and your loan will be funded by individual investors.

You will then be required to E Sign the paperwork. Remember everything is done online to automate the process and make it easy.

Once you complete this the money will be transferred into the account you provided. That is it!

You wedding expenses can then be paid for by one convenient account and you can just make payments to a single lender until it is paid off. This makes the whole process relatively stress free and can meet all the things you want to make your wedding turn out the way you want or even pay for the honeymoon.

A peer to peer personal loan for your wedding expenses will also help you establish credit if paid off responsibly.