subject: Unsecured Wedding Loans - Easier Way of Financing a Wedding Day [print this page] If you are planning a wedding, you should make sure you have enough funds or else there is a possibility of you falling short of cash while organizing the event. That would interrupt the whole plan of having a magical wedding. Unsecured wedding loans are the ideal option in such a situation.
One must never take any chances when it comes to planning or financing a wedding. One wrong step may ruin the entire wedding proceedings. The lender grants credit ranging from 1000 to 25000 which grants a repaying period ranging from 1 year to 10 years. If the duration is even exceeded by a day, the lender will charge you an extra amount.
Here, there is no option of pledging any assets as collateral like a house or some important documents or a car. As the title suggests, the borrowers are not put under any stress of losing their valuable assets against attaining this fund. It is more convenient than a secured wedding loan.
Also, there is no sign of credit checks thereby giving way to bad credit holders to avail unsecured wedding loans. The core factors which the lenders consider before granting such finance are their capacity to make the repayment on time and their monthly salary.
There are certain criteria without which the process may not continue. They require the borrower to be 18 years and above with an ID proof to support the statement. But it is made compulsory to have your current income amount checked, as well as your banking status. The borrower should hold a UK citizenship earning a minimum of 1000 monthly at a well recognized enterprise.
Online application is the only way one can cut down on their expenses and plus save on time. A non complicated form had to be duly filled with details regarding the borrowers account number, residential address, name, contact number and so on.
Unsecured Wedding Loans - Easier Way of Financing a Wedding Day
By: Lesley Mero
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