Wedding Loans for Bad Credit

Do you offer wedding loans for bad credit?

At Evolution Money, we like to say “yes.” Or in this case, “I do.”

We assess far more than just your credit history when reviewing your loan application. Additionally, we’ll aim to create a loan with your unique circumstances in mind – even if you’ve had credit problems in the past or have a limited credit history. As long as we’re confident you can afford and sustain the repayments, we’ll help you plan for the big day with peace of mind.

What are wedding loans?

Getting married is the one celebration you don’t want to compromise on. And the grander your plans get, the more it might feel like your dream day is out of reach financially. A wedding day loan is one option worth considering if you’re short on savings.

A wedding loan is simply a loan you’d take out to fund your big day and everything that comes with it. It might cover all or part of costs like venue hire, catering, entertainment and outfits – as well as travel and accommodation if you’re getting hitched abroad.

We offer secured loans for weddings which are backed up by property in case you can’t make the repayments. Beyond offering your home as security, our loans work like regular instalment loans. You’ll borrow the money you need for your wedding upfront then repay it in monthly instalments with interest added on top.

What are the benefits of secured loans for weddings?

Wedding loans can provide the money you and your partner need to enjoy the event you truly want, whatever that might look like. With loan amounts from £5,000 to £100,000 and repayment terms of 1 to 20 years, you can cover some or all of your wedding costs to spread them out in a way that suits your budget.

Choosing a secured wedding loan specifically offers the following advantages:

• Accessibility: Offering security shifts the focus away from your credit score and can increase your chances of getting approved, helping turn your dream into reality.
• Better deals: Secured loans for weddings are less risky for lenders than unsecured loans, so you could access higher loan amounts at cheaper interest rates.

What should I consider before applying for a wedding day loan?

It’s important to think carefully before taking out a wedding loan. Assess your savings and think about how much money you actually need. Could you shop around and haggle for cheaper photography, dresses and rings for example, and borrow less as a result?

You should be confident about how you’ll pay your loan back too. With a secured wedding day loan, there’s the risk that your home will be repossessed if you can’t keep up with repayments. Missing payments can also damage your credit score and make it more difficult to borrow money in the future.

Do I qualify for a wedding loan in the UK?

You can apply for a wedding loan through our website if you meet our lending criteria:

• You’re aged between 18 and 70 years old
• You’re a homeowner
• You live in the UK
• You can afford the loan repayments based on your regular income

Do you offer wedding loans for bad credit?

At Evolution Money, we like to say “yes.” Or in this case, “I do.”

We assess far more than just your credit history when reviewing your loan application. Instead, we’ll aim to create a loan with your unique circumstances in mind – even if you’ve had credit problems in the past or have no credit history whatsoever. As long as we’re confident you can afford the repayments, we’ll help you plan for the big day with peace of mind.

How do I apply for a secured loan for my wedding?

• quick and easy to apply for one of our wedding day loans. You don’t need an in-person appointment – just complete our short online form or call us on 0161 814 9158 and we’ll give you a free, no-obligation quote.It will help both of us out if you have the following documents ready:
  • Proof of address (e.g. utility bills)
  • Proof of income (e.g. payslips from the past three months)
  • Proof of identity (e.g. passport or driving licence)
  • Bank statements from the past three months
  • Your mortgage account number and home insurance documents

What else can secured loans be used for?

• Carry out home improvements and invest back into your property
• Consolidate multiple debts into one manageable monthly repayment
• Bigger personal items such as cars can be financed using a secured loan
• Take your family on that much-needed holiday
• Invest in your business and help it grow

Apply for a wedding loan