Wedding Loans for People with Bad Credit - Finance the Important Occasion of Your Life
A Wedding is one of the most important occasions of ones life
. You do not want to leave any stone unturned in order to make it memorable. But then it would cost you bucks to make it a success.
Wedding loans for people with bad credit are provided in two forms. These are secured and unsecured forms. In the former, the borrower has to place collateral in lieu of the funds taken whereas in the latter, no collateral needs to be placed by the borrower for the advance taken.
Going for the secured form of wedding loans would mean that you can avail finance anywhere between 500 to 100,000 pounds which you can choose to repay within a period of 1 to 25 years as per your convenience. And in the unsecured form, you can opt for a monetary support of 1000 to 25,000 pounds. You have the option to repay the funds lent within a period of 1 to 10 years as per your requirement.
The most attractive thing about wedding loans UK is that the person who does not have a good credit history can even go for this. The options that it provides you i.e. the secured and the unsecured forms of loan, the amount that you can opt for and the flexibility it offers you in terms of the repayment period makes it even better an option to go for.
If you are going for the unsecured form of advance, then you can expect slightly higher interest rates but the fact that you do not need to place any collateral makes up for it.
In order to be eligible for applying this, you need to:
Be a U.K citizen
Be aged above 18 years.
Have a bank account that is active.
A steady employment.
By filling up an online application form which would not consume more than a few minutes, you would assure yourself of a faster processing.
Wedding Loans for People with Bad Credit - Finance the Important Occasion of Your Life