Find the wedding loan that’s right for today, and for tomorrow

Deciding how to pay for a wedding can feel a little daunting, can’t it? Don’t worry, Aro is here to help. Luckily for you, there are plenty of options available to finance your wedding. All we suggest is you take the time to research what finance option is the right one for you and your financial circumstances. 

Personal loans

Want to break the cost of your wedding down into more manageable monthly payments? Then a personal loan could be perfect for you. If you’re eligible for a personal wedding loan, you’ll receive a fixed amount from the lender, which you’ll need to repay in monthly instalments, plus interest, for the term of your loan. 

Homeowner loans

Looking to spend more than £35,000 or need to spread the cost over a bit longer? Well, let’s get stuck into homeowner loans. As the name suggests, you’ll need to be a homeowner to take out a homeowner loan to fund your wedding. A homeowner loan is secured against your property, so if you’re unable to repay your loan, as a last resort the lender could sell your property to cover your costs.

Please be aware, your home may be repossessed if you don’t keep up repayments on a mortgage or any other debt secured on it.

Guarantor loans

If you have a less-than-perfect credit score, a guarantor loan could be a way of accessing the money you need for your big day. It means a family member, like a parent, or friend will agree to cover the cost of the loan if you can’t pay it back.  

Credit cards

So, you want some money towards your wedding but don’t want the long term repayment commitment. Then a credit card could be just what you’re looking for. We need to point out though, interest rates can be high so make sure you’ll be able to meet the monthly repayments if you need to borrow over a longer period. 

Alternatively, you could look for a credit card with a 0% interest purchase deal. You could then spread the cost of the wedding across the 0% interest period, paying it off each month without paying a penny on interest. Just remember that, if you haven’t repaid the balance by the time the 0% period ends, the card’s usual APR will apply to any remaining balance. If you do find yourself debating whether or not a wedding loan is right for you, check out our in-depth guide about everything to do with wedding loans.