Wedding Loans
Financing your wedding has never been easier
Flexible loans designed to suit you
Competitive interest rates and flexible repayments.
18-84 months to repay your personal loan.
Industry-leading personalised service tailored to suit you.
Cover all your wedding costs and get down to the fun of planning your day.
Did you know the average Australian wedding costs more than $32,000?*
Whilst a marriage may cost as little as $250 in some Australian states (because all you need to legally say "I do" is a celebrant and two witnesses) many couples understandably want the celebration of their marriage to live up to the promise: Best. Day. Ever!
And what does that look like for most modern couples? It's their take on what they think traditionally makes up a wedding - from gowns and cakes to flowers and cars. And most importantly, throwing one hell of a party to celebrate with their favourite family and friends.
In 2019, this came to an average wedding price tag of $32,333. With nearly 40% of couples paying for their wedding on their own - and the average honeymoon adding another $7,307 on top of that - it's no wonder you might be asking, "How are we going to pay for this?"
*From Easy Weddings' 2019 Australian Wedding Industry Report.
Wedding Finance Insights
Expenses
Australian couples spend most of their wedding budget on:
Wedding Venues - $15,264
Photographer - $2,963
Videographer - $2,702
Wedding Dress - $2,649
Band/DJ - $1,651
Wedding Flowers - $1,618
Other - $5,486
Expectation
On average, couples end up spending 50% more than their original wedding budget:
Original Wedding Budget - $22,055
Adjusted Wedding Budget - $26,895
Final Wedding Cost - $32,333
Spend
90% of couples take a honeymoon and 84% take it immediately after the wedding:
Average Cost of a Wedding - $32,333
Average Cost of a Honeymoon - $7,307
TOTAL COMBINED SPEND: $39,640
Why you might consider a wedding loan
Going into debt for a wedding might sound extreme, and it’s a decision that should be considered very seriously - but for some couples it may just be the most sensible solution to give them the capacity to pay for this one-off, large upfront expense.
Some benefits that might apply to you include:
- Time - being able to have your wedding when you want it
- Easier budgeting - you’ll have a set loan amount and a set time to pay it off
- Flexible repayment terms - you’ll have between 18 months and 7 years to pay back what you owe.
Wedding loans made easy
with our referral partner
NOW FINANCE offer customers that meet their eligibility criteria upfront competitive interest rates, starting at just 5.95% p.a. (comparison rates* from 5.95% p.a.) for loans from $5,000 to $50,000. You can get your guaranteed personalised interest rate with absolutely no impact on your credit score before you apply, saving you surprises later on.
Whether you're looking to finance your whole wedding, a portion of the day, or just your honeymoon, their friendly customer service team will do everything they can to assist you. Once your loan settles, the funds will be deposited into your bank account, meaning you can get on with making the more pressing decisions about your day.
Get Your Personalised Rate*Comparison rates are based on an unsecured loan of $30,000 over 5 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Subject to credit assessment and lending criteria. Fees and charges will apply. NOW FINANCE is a trademark of Wingate Consumer Finance Pty Ltd - ACN 158 703 612. Australian Credit Licence number 425142.
Are you eligible for wedding finance?
In order to apply for a personal loan with NOW FINANCE, applicants must comply with certain eligibility criteria.
You are at least 18 years old.
You are in ongoing, stable employment.
You are an Australian citizen or permanent resident.
You have no current or prior (paid or unpaid) defaults or court judgements and have never filed for bankruptcy.
You have a current Australian passport or drivers licence AND a current Medicare card.
With just a few simple details, NOW FINANCE will assess your eligibility to apply for a wedding loan. If eligible, they will offer you a guaranteed, personalised interest rate with no impact on your credit score.
Once you have your personalised rate, you have the option to continue on to complete a full application, which only takes 10 minutes of your time.
*The submission of this application will affect your credit file, so make sure you meet the eligibility criteria before you apply.
Depending on your personal circumstances, NOW FINANCE may ask you for some additional supporting documentation to assess your financial circumstances.
Once you have read, agreed to, signed and returned your contract, NOW FINANCE will confirm that you are happy with the details of the loan and deposit the approved funds into your nominated account.
What their customers are saying
