Majority of couples take out "wedding loans"

31 May 2005

New research has revealed an increasing number of couples are taking out personal loans to pay for their wedding.

In the research by finance brokers Brewin Dolphin, 70 per cent of couples borrow money to pay for their wedding, which is inevitable given that the average wedding costs £17,000.

Debbie Codd, associate editor at You & Your Wedding, said: "The average engagement lasts more than 11 months, but most people don't seem to be saving up beforehand."

While there are some people who will take on an extra job in order to help pay for the big day, many couples find that a well-chosen personal loan is the easiest and most convenient way of paying for their wedding.

Compare all UK personal loans at uSwitch.com comparison service and find the one to suit your needs.

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