3 Ways to Cover a Wedding Cost

Figuring out a budget for your wedding is not as easy as saying “I do” to your partner. Moreover, the average price tag for a wedding has touched a staggering £32,000 in 2018 – that’s a 19% increase as compared to 2017. Your wedding is most likely to be the biggest event of your life and therefore, you need to do proper planning and budgeting. With the rising costs, how have you thought of funding your dream day?

Let’s explore 3 different and easy ways to help you cover your wedding expenses:

1.       Online Personal Loan

Using an UnsecuredWedding Loan with No Guarantor is easy and simple. Many lenders and credit brokers who are registered by the FCA offer such loans online. All you have to do is visit their website and fill in an easy application form and wait for the decision. If your loan application is approved, the loan amount will be disbursed to your bank account by the lender. Normally, it takes a few minutes, however, the disbursal period completely depends on the lender and your bank. Moreover, as these loans are unsecured – you do not have to worry about pledging your valuable asset as collateral. Repay these loans on time or else your credit score will be severely damaged.

2.       Credit Card

Using your credit card to cover some expenses of your big day is another feasible option. Many couples prefer to use their credit cards for the expenses and repay the amount spent to avoid any inconvenience. Also, you may be rewarded with some points that you can use later on for booking your flights or for any other purpose. If you have a no-interest credit card, you will also save a lot of money that would have gone towards the repayment in terms of interest and fees. It offers you the flexibility to borrow what you need exactly.

3.       Friends and Family

If your friends and family are willing to help you out, you are fortunate. You may ask them to help you manage the expenses. Also, if they are planning to gift you something expensive, ask them not to use their money in buying gifts, rather you may use that money to plan your wedding. Mention that you are trying to raise funds for your wedding and their help will prove to be beneficial. Always remember that every single penny counts. Have a discussion with your family about sharing the cost of the event and work out something that is feasible for everyone.

If you do not want to use these options, then you must save. You need to save a substantial amount of money for your wedding and that cannot happen overnight. Be patient and draft a budget. You have to stick to the plan that you have made, religiously! Review your accounts to know where exactly do you stand and when you feel that your bank account can generously fund your wedding, plan to tie the knot.

Wedding Loans–Turn your Dreams into Reality

The journey from the promise rings to the altar is not that simple.  A wedding is an expensive affair when conversing financially. These are no longer a private ceremony. Just name the ‘W’ word to any wedding planner or florist, and rates magically seem to jump up to the ceilings.  Gradually weddings are turning into social events for Brits. The official data infers that the average cost of a UK wedding is £27,000- with venue hire (£4,354), the honeymoon (£3,630), and the catering (£3,353) cost.

Proposal—Preparation—Executing- The three steps towards an unforgettable wedding.

 

An expensive ceremony doesn't mean that the couples shouldn't consider their fairy-tale dream wedding celebration.

Unsecured wedding loans without a guarantor could be the most beneficial way to finance the espousal, particularly when the loan is budding as one of the most accessible alternatives in the credit market.

With an organised budget, your wedding will not leave you in debt for the coming years. Since there are a lot of options available today- a wedding won't cost you a fate.

What is a Wedding Loan?

A wedding loan is a short-term unsecured personal loan that people use to finance their wedding day or any other event. This credit works the same way a personal loan does. The borrower receives the loan amount and then reimburses it over the defined term.

Some online lenders view this type of debt like personal loans, while others characterize it as loans used for special events. Borrowers can even compare wedding loans on the credit, comparison platforms to seek the ideal deal.

A few tips to plan a budget wedding with a wedding loan

1. Go seasonal

When it comes to flowers, ask your florist to spring local seasonal flowers for the decor. Use wild and seasonal flowers presented in stem vases and tin cans. It looks really pretty- and is easy to DIY.

2. Plan a destination wedding

Seriously, it may sound crazy, but have you ever thought of a destination nuptials? It can fix all your problems and can prove to be cheaper than tying the knot in the UK. The average cost of a wedding abroad, according to Weddings Abroad Guide, is £6,585.

3. Make your own invitations

With a quality home printer and some creative space, you can make very classy ceremony invitations cards on your own for your guests. Create a very classic font and simple text. It looks stylish and doesn't cost you much.

4. Read between the lines

It's not always the high expenses that blow the budget-often the small details are what tips you across the brink. Make sure you are conscious of any obscure expenses or hidden charges when booking a venue, cinematographer, make-up artist, or florist for the big day.

Creating a checklist in your journal is a good way to keep track of these valuable add-ons.

Planning & budgeting will always bring excellent outcomes. Wedding expenses management is essential, regardless of who you are and how much you earn. Record your demands and become your own wedlock planner.  Make the best use of your loan amount and get a surreal wedding celebration.

Add Value to Property with Home Improvement Loans

Home enhancements are an incredible method to enhance your property while sprucing up your environment, regardless of whether you need another kitchen, restroom or you're adding additional space to your home.

Most recent information discharged by Post Office Money states that homeowners, on the whole, spent £295bn in home redesign over the most recent 5 years in the UK. This prompted an expansion of £40,000 in the general property estimation. Also, many of them use unsecured home improvement loans to redesign their houses.

The home enhancement comes with a strong price tag, but every penny's worth.

Here is how your home can add value to your property.

·         Adds property value

Despite the fact that right now you may not think about selling your home, adding some more to include esteem while the open door is still practical will be advantageous. Your house is all around great when you redesign it. It is especially valuable in a time of development in property costs.

·         Home enhancement is necessary for sustainability

Regardless of whether you are anticipating that your property should act naturally involved or leased, keeping your home well is basic. This skirts future fix circumstance that may even be costly. Redesigning your home on time will fortify your home while improving your feel.

·         Fixing security issues

Sometimes, home renovation is not a choice, but a duty to protect the people in the house. Electrical failures, safety issues, breaks and leaks in sections of the house are barriers that hamper the security and can hence harm people, to avoid such situations it becomes crucial to fix the concerns, to live stress-free.

Last Word

If you're looking for "home improvement loans in London", comparing different loan deals from various lenders can help you find an appropriate credit for you. It will make the decision-making process a bit more feasible.

What You Should Know About Personal Loans Before Applying

“With good basics, you’ll have endless options.”

 Knowing the basics before you indulge in anything will offer you a wide range of options to choose from. Also, it helps you in paving the right way to reach your goal. When it comes to unsecured lending, you must master the basics to save yourself from probable and potential frauds and scams.

Unsecured Personal Loans are rapidly growing and have become one of the most popular forms of borrowing money in the United Kingdom. According to the data published by the Bank of England, consumer credit increased by £0.5 billion in March 2019. Millions of Britons prefer to borrow money using this option as it offers greater flexibility as compared to the standard lending options.

                These are also widely known as – High-cost Short-term Credit (HCSTC) and the repayment is spread over 1 year. The rate of interest charged depends on the borrower’s credit history and the amount of monthly earning. It may vary from lender to lender and if you do not have a spotless credit history, there are chances that the rate you’ll be offered will be on a higher side.

Many online lenders – who are prominent names in the finance industry of the UK – are now offering these products online to enhance accessibility. People do not have to face many difficulties while borrowing and using the amount, even for the repayments.

Recent Emergence of Guarantor Loans

The city watchdog – the Financial Conduct Authority has recently revealed that there has been a significant rise in the number of borrowers taking a Guarantor loan. The sub-prime credit companies have been issued a warning by the FCA who issue this high-cost short-term credit. Estimates show that the balances have reached a staggering £1 billion – more than doubled since the year 2016.

The guarantors are people who co-sign a loan and are liable to repay the loan if the borrower fails to do so. If the guarantor fails to make the repayments or refused to make them, The court will issue a letter of warning within 14 days. If the debt is not cleared even after 14 days, the lender has the legal right to recover their amount.

All these things may turn into a big financial nightmare if not handled responsibly. If you have poor credit and you do not want to find a guarantor for your loan, then simply don’t. You may easily find Loans for Bad Credit with No Guarantor – that doesn’t require a co-signor. However, you have to make timely repayments as failing to do so will severely damage your credit score. And with a damaged credit history, your chances of borrowing money in the future is also restricted.

Borrow responsibly!

Comparison of Annual Percentage Rate (APR)

It is not a surprise that a personal loan cost Britons hundred of millions of pounds a year. With new and revolutionary loan comparison websites entering into the online unsecured the lending industry of the UK, it has become much easier to compare unsecured loans and find the best one available.

Shopping is always fun. Then why do we turn down loan shopping and settle with an option that we are thrown by the internet in the first place? A lot of loan comparison websites that allow potential borrowers to get a personalized soft quote for their loan on a real-time basis, without affecting their credit scores. A hard credit check is mandatory by the FCA to assess the borrower’s repayment affordability but getting a quote from different lenders without affecting your ratings to compare your options easily will save you a lot of time and money.

Compare wisely!

Precisely Speaking

It may take you some time to explore all the lenders and credit brokers to find the best loan rate available. However, imagine saving all that money and invest it into something that may yield better returns. Explore your options and ensure to check the background of the firm you’re dealing with before entering into any agreement.

Happy Holidaying with Holiday Loans

Have you seen the series on Channel 5 about Brits enjoying all-inclusive holidays in Spain? One of the most significant phrases that the narrator came out with was that “our two weeks in the sun every year make the other 50 miserable weeks in rainy old Blight worth it”. And isn’t that the case with all of us!

“Not all those who wander are lost”

J.R.R. Tolkien

The most joyful moment of the holidaying is the gathering of families. But is it that easy to travel as we think it is? Of course, not. As the peak season hits, rush in the tourist places, high rates of tickets, and other roadside adventures take your excitement away. For Brits loans for holiday are blessing in disguise.

Below listed are 5tips for a peaceful frugal trip with holiday loans in the UK:

1) Be Prepared: With all your packed bags and booked tickets, do you think you are going to have a perfect holiday? You might be ready, but a delayed flight or a flat tire can ruin it all. Hence, remember there is a solution to every problem, and be prepared to handle such situations and enjoy your vacation with a peaceful mind.

“Relax, unwind. Get in a flip-flop state of mind”

2) Consider Holiday Packages: It’s always better to be safe than sorry. Don’t splurge while travelling. During holidays, you will find enough holiday packages at different websites. Choose your holiday package wisely and have a budget-friendly trip. 

3) Wise Budget Plan: I always prefer to have budget travels. Living on a shoestring helps to travel to many places, and eat varieties of food. Try to have local food as it is the essence of that place. Stay in home stays instead of luxurious hotels. All these will cost you less than you expect.

4) Early or Late Flight: During holidays, people choose either to travel or to stay at home with family. Thus, choose early morning or late night flights to avoid the rush. The fare is also comparatively low during these times. Explore the internet to find cheaper rate flights, and fly to your favourite destination. 

5) Choose Memories Over Possessions: Trade for a memorable travel experience than gift giving. Travelling concoct memories and is the most expensive gift of all. Take your family to a beautiful spot, and explore the ambience of that place. Learn new things, meet new people, and mélange with the tradition of that place. Ponder over this, and the final thought would be to travel.

A Holiday Loan can help you have it all, yet save some money and be a bit splurge while travelling. Also, if you don't have a promising credit history and you are running short of cash- get holiday loans with bad credits to soothe your wanderlust- alike 60% of the Brits who take trips overseas.

Improve Your Home with a Loan

Home improvement may include activities such as adding a conservatory, converting the loft space, updating the kitchen, or replacing a boiler. Important renovations require funds to support the action and goal of improving your home.

In order to boost the value of your overall property, you need to consider things potential home buyers may appreciate in your property. Plan your renovations and redesign by keeping all those points into account. Make a list of all those significant improvements and plan out the total cost. If you do not have access to funds, an unsecured loan for the improvements may help. There are various FCA registered lenders who offer these loans. A wise decision would be to Compare Home Improvement Loans on loan comparison websites to know various rates being offered by the lenders.

A home improvement project that you plan to undertake may be financed by your savings. If you do not have enough savings to accomplish the task, you may budget your income and expenditure to finance the home improvements to step on the property ladder. A personal home improvement loan is not a bad idea but you have to be sure of the repayments.

2 steps to plan out a home renovation, which may help you carry out the whole project smoothly:

1.       Plan

This is the foremost and important part of any project undertaking. You need to plan your actions beforehand. Know where you want to invest your money and how beneficial it would be considering the future value of your property.

2.       Budget

Set a budget. Calculate your investment against the value you will be getting at the end. How much money you can afford to spend on the renovations. Never go beyond your limits. Do the renovation in parts, if you do not have sufficient funds.

 People with not so perfect credit rating, often take a backseat for applying for a loan. However, with changes and evolutions in the unsecured lending landscape, many lenders are also offering Bad Credit Home Improvement Loans.

Unsecured loans are an easy way of financing your home improvements. Borrow a loan responsibly to manage your personal finance.

Steps To Get a Payday Loan for an Emergency

Many people take out payday loans because they know it's instant and easy to qualify than other types of loans. This is definitely true, but that doesn't mean you've assured approval. 

If you're considering taking out a bad credit payday loan, and you can't afford to have your application turned down. You need to make sure you're following the right process to make sure you get approved and get the funds you need.

Listed below are four steps to take if you need to apply for a loan.

There are many situations in life, where a loan makes the most sense. If you've chosen that taking out an unsecured loan is the best approach for you, here are the steps to follow to get approved:

1.Satisfy Basic Requirements

The first step you need to take when applying for credit is to make sure you meet the basic necessary requirements.

• Be at least 18 years of age

• Have a bank account in your name

• Give proof of employment

2. Fill Online Application

If you meet all the qualifications, you'll likely be able to get passed for the credit. Before you can get approved, though, you need to fill out the application.

Whether you request for a loan in person or do it online, the application should be relatively short.

3. Expect Approval

Once you've filled the application, you'll have to wait for your application has been approved. Most payday lenders have a 24-hour turnaround time, and you'll find out their decision within a business day or two.

4. Get Your Money

If your application is approved, you'll be able to get your money quickly.

However, build an emergency fund, which may serve as a safety net during any financial crisis. Keep aside a part of your income every month to practice better money management. If you do not have an emergency fund or savings to resolve your issue, an unsecured loan may help you. Always remember to repay the loan on time and in full as it improves your credit score. Start managing your money smartly.