12 July 2007
With the summer months here and the wedding season upon us, many soon-to-be-married couples are taking out loans to ensure their special day is one to remember.
While for many people having existing debt may not be the best way to start off their married lives, a loan is a real saving grace for many couples who have to finance the cost of their nuptials themselves, wedding specialists Confetti explained.
When taking out a loan to cover the cost of a wedding, couples should ensure they consider all the possible options available to them, Confetti urged.
The firm also emphasised the fact that couples need to be sure they are in a position to pay the loan back once their honeymoon period is over.
Carol Richardson, PR manager for Confetti, said: "People should shop around for the best loan rate.
"Always set a budget at the start of the wedding and break down all of the elements, and decide which are most important to you.
"Many people do choose to pay for their weddings themselves, so they usually save a little bit beforehand It is best to save as much as you can," she added.
Marks & Spencer also offer wedding insurance covering a range of possibilities, from cancellations to damage to the bride's dress or a dropped cake.
According to figures from Mintel, the average wedding set a couple back around 20,000 in 2006.
Looking for a loan? uSwitch.com’s loans comparison service provides an impartial search of the entire UK loans market to pair you up with the one best suited to your needs. And if you have a question, we have the answers. Let uSwitch.com find a loan to match your circumstances.
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