Frequently Asked Questions


Still have questions about how online wedding loans work or how to use our simple matching service? We want our users to be as informed as possible before deciding to apply, so read on to find answers to the most common queries:

What Is An Online Wedding Loan?

The loans that are available from lenders in our network are offered exclusively online and function like a typical unsecured personal loan. This means that they are repaid in installments with added interest, but require no collateral.

You don’t have to flash your engagement ring to be eligible. Online personal loans can be used for any purpose, not just a wedding.

The nature of ‘online’ also means the entire matching and application process can be completed from any internet connected device that can browse to the loan request page.

It couldn’t be easier!

What Can My Loan Be Used For?

Wedding loans are commonly taken out through our service, but there are no restrictions on what you can use the loan for once the money is in your possession. While debt consolidation may be feasible if you are paying higher interest elsewhere or struggling to manage existing debts, we don’t advise you to apply for a loan to cycle debt you cannot afford to pay.

How Much Can I Borrow?

When you use our loan request form you have the opportunity to choose any amount up to $35,000, but if we are able to match you with lenders they may offer a lower amount based on their assessment of your application.

What Is The Loan Duration?

The maximum duration for a loan is 7 years. The larger the loan you request, typically the longer the duration will be. This makes repayments more affordable from installment to installment, but you will likely pay more interest in the long run.

The exact terms you are offered depend on your personal financial situation and the lender’s assessment of your application.

What Is The Interest Rate?

The interest rate offered is determined by the lender once they receive all the required information. The amount requested, the duration of the loan and your personal circumstances all play a role.

Go to our rates and fees page to learn more about the costs of online loans and related jargon.

Who Is Eligible To Apply?

There are only a few basic requirements before you proceed with our online matching service:

You must be a legal resident of the United States, who is over the age of 18. You must also be gainfully employed, self-employed, or have another source of regular verifiable income.

Will I Be Rejected With Bad Credit?

No, having a bad credit rating will not automatically exclude you from using our matching service and applying with a lender.

That doesn’t mean there will be no credit check at all, but there are many factors that go in to determining a lender’s decision beyond your credit history.

How Long Does It Take To Apply?

Applying is fast and easy, and can typically be completed entirely online. The first step is to provide your details via our loan request form. It will only take a few minutes to know if you have been matched with any direct lenders.

Next you can explore the offers made by these lenders and provide any further information they require.

You won’t get instant approval, but it is one of the fastest ways to apply for a personal loan on the web.

How Long Before I Receive The Money?

If you have accepted a lender’s offer they will aim to get you the money as soon as possible. During the working week this can be as soon as one business day, but may take longer depending on the time of day you applied and individual bank policies.

We therefore advise you to apply during working hours and be aware of weekends and bank holidays.

If applying for a wedding, remember to do so with plenty of time remaining to pay for everything.

Does It Cost To Use Your Matching Service?

No, it does not cost to use our matching service and you can use our form any time you desire. We are also not directly involved in the lending, setting of terms or repayment process.

Once you are matched with a lender any further actions and agreements are between you and the lender.

What Information Must I Submit?

To get started you must submit some basic personal information, such as your legal name, address, phone number and email address.

You must also provide income details including the amount and sources of income, and your employment status. You can then request a loan amount of up to $35,000 for your wedding or other purpose.

Once this is submitted we will pass the details on and attempt to match you with lenders from our network.

If matched with a lender they may require further information to verify your details and income status, but this may still be completed online with extra forms or the attaching of digital documents.

Are My Details Confidential?

[Domain name] will only ever pass on your personal information to the verified lenders in our network, never to third parties.

Furthermore, all data that passes through our system is secured by encryption, up to the latest standard.

Is A Loan Offer Guaranteed?

Unfortunately we can neither guarantee that you will be matched with a lender or, if you are that they will formally approve you for a loan.

That being said the basic eligibility requirements as noted above and the fact that bad credit is not an automatic disqualifier, means those with a fair income stand a good chance of getting some form of loan if their information can be verified.

I’ve Changed My Mind, What Now?

An online personal loan is only legally binding once you sign the agreement, so if you change your mind at any stage prior to that – simply close the page.

We advise all users to read the terms of the agreement that is provided to them along with any formal offer before making their decision.

Note: The application process may leave a ‘soft search’ record on your credit file, which informs other lenders than you recently considered taking out a loan. This won’t have any negative long-term impact on your credit rating.

How and When Do I Repay My Loan

You will be provided with a full repayment schedule that outlines both the end of the loan duration (i.e. the date of your final repayment) and schedule for each installment (i.e. the 20th of every month).

Repayments are taken automatically from the bank account you listed when applying for the loan.

Can I Repay The Loan Early?

It is the policy of each individual lender whether they allow you to repay your loan early, but if they do you will usually be required to repay in full. I.e. you cannot randomly decide to pay double one month.

Furthermore while interest might be waived in this scenario, you may be charged an early repayment fee instead.

Check the terms of your loan to see if early repayment is an option or contact your lender directly.

What If I Default?

Defaulting (failing to repay the loan) will usually result in collection proceedings. This means the lender or a collection agency who have acquired the rights to the debt may send you emails and letters, or make phone calls or doorstep visits to recover what is owed.

Because the loan is unsecured they do not have an automatic right to seize your home or property of value to cover the debt.

Failing to repay the loan will also negatively impact your credit rating, which will reduce your chance of getting credit in the future.

I Have a Question About My Loan or an Offer

All questions regarding a specific offer from a lender or a loan that you have taken out with a lender must be directed to the lender in question.

If you have a question about our loan matching service, you can contact us here.