22 June 2005
As more and more happy couples prepare to finance their wedding day independently, the independent comparison and switching service uSwitch.com has advised those doing it with a loan, to be careful.
While there are lots of competitive loan products on the market, it is important that the couple chooses the right one, so that they do not start married life with an unnecessary financial burden tarnishing their honeymoon period.
Nick White, head of personal finance at uSwitch.com said: "After the indulgence of the big day, tackling the debt hangover is the last things couples feel like doing.
"They should however, start the marriage off as they mean to carry on by reviewing their financial situation and ensuring they have the financial products most suitable to them - even if it's only to avoid arguments!
"Whilst it may be easy to ignore the debt amassed from your wedding day, it can spiral out of control if it isn't dealt with. Shopping around for a good loan deal couldn't be easier and there's a range of competitive rates on the market."
When selecting the right loan couples should look at their joint financial situation and their personal repayment plans.
Mr White stressed: "Whether people are planning ahead or looking for a solution after their wedding day indulgence, they should not succumb to the first loan offer they receive, as this may not be the most appropriate for them."
Compare all UK personal loans at uSwitch.com comparison service and find the one to suit your needs.
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