Wedding Loans From Jacaranda Finance – For A Worry-Free Wedding!

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So, planning a wedding? Don’t let those costs overwhelm you. We’ve got the low-down on wedding loans!

Everyone says that your wedding is supposed to be one of the best days of your life. The nice venue, all your friends and family, a nice tux, the white dress, your soon-to-be wife/husband, cake…. What’s not to love? Your wedding can be as humble or as extravagant as you wish it to be. And as extravagant as you can afford it to be.

What do weddings cost?

The average cost of a wedding in Australia is around $36,000. Yep, you read that right. That’s a deposit on an apartment, a new car, an around the world trip even. Now, we’re not saying that you need to spend that much on your wedding. However, we do know these things can get very expensive. That’s why we bring you… wait for it…. wedding loans!

Yep, wedding loans are here to help make the best day of your life a little less expensive. Therefore, if you’re thinking of popping the question to your significant other or you’re already planning your trip down the aisle, perhaps we can help. Our wedding loans have helped many Australian lovebirds pay for their special day. Find out how right here!

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What are wedding loans?

Indeed, wedding loans Australia are just that – loans for your wedding. They’re fast personal loans that are great for helping you pay for your big day. You would typically use them to cover some of the smaller costs that come with planning a wedding.

Our wedding loans go up to $10,000 and can help with any wedding day expense. Of course, we always suggest saving up to pay for the big important wedding stuff. So, just know that we’re always here to help when your wedding costs are rising and your bank account could use a top up.

Don’t let your budget get you down

Wedding loans can be helpful for when you accidentally go over your budget. Or when surprises pop up and you need an unexpected bills loan right before your big day.

We know there’s always going to be a bit of stress involved in planning a wedding. Therefore, we want to do everything we can to try and reduce that stress as much as possible. The only thing we want you to be throwing is your bouquet. In other words, if your budget gets thrown out of your control, we’ll be there to catch it… and the bouquet.

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How do I apply for wedding loans?

Wanting to put in a loan application for marriage? It will be the easiest thing you do all day! All you need to do is use our loans calculator at the top of the page to tell us how much you’re wanting to borrow and your desired repayment period. Therefore, once you’ve entered those, we’ll show you what your weekly, fortnightly or monthly repayment amounts could be. This is all before you’ve even clicked the Apply Now button.

Once you’re happy with your loan amount and repayment period, enter your contact details and click the Apply button. We’ll then direct you to our simple loan application for marriage form. This should take just a few minutes to complete. All you need to do is fill out each section, click Submit and then go do something nice for yourself. We can assess your wedding loans application super quickly and come back to you with an outcome.

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What types of wedding loans do you offer?

Like we said, our fast cash loans go up to $10,000. However, there are 3 types of loans you can choose from. The first type is our small personal loans ranging from $300 to $2,000. These loans are unsecured and are repaid over a period up to 12 months.

The second type is our medium secured personal loans ranging from $2,001 to $4,600. As the name suggests, these wedding loans are secured (meaning an asset must be attached for security) and can be repaid over 13 to 24 months. Last but not least are large secured personal loans, for amounts of $5,000 to $10,000. Once again, these are secured and can be repaid over a period between 13 and 24 months.

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What do I need handy to apply for wedding loans?

Our loan application for marriage process is completed 100% online. Therefore, you don’t need much with you when you go to apply. We’ll just ask you a few simple questions that you’ll fill out online and then you’re done! The information that we will ask you for includes:

  • The reason for your loan
  • Personal/contact information
  • Your internet banking credentials so we can verify your financial situation
  • Your MyGov account details (if applicable)
  • Employment details (if applicable)

This is all you’ll need! However, if you’re applying for medium secured personal loans above $2,000, you’ll also need to provide some details about the asset you’re attaching to the loan. Generally, you can attach your car, motorbike, boat or even your caravan to your wedding loans. You’ll just need to provide the registration number of the vehicle, a few photos clearly showing its condition and the number plate and your certificate of ownership just so we know it’s yours.

Other than that, you won’t need to worry about printing off documents or rummaging through dusty boxes to dig up old documents. Our application is done 100% online so it’s super easy, quick and hassle-free.

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What are the benefits of using wedding loans to help pay for a wedding?

The need for wedding loans are always going to depend on your current financial situation, as well as your history with responsible borrowing. Saving up and using your own cash to cover the costs is always the most ideal and cost-effective way to to go. However, we get that things happen and you might be hit with an unexpected expense in the lead up to your big day, or you might make an expensive spur of the moment decision. That’s when wedding loans Australia can come in handy.

Some of the benefits that wedding loans can bring you are:

  • They take some of the financial stress out of planning a wedding
  • You don’t have to make as many sacrifices due to lack of funds
  • They free up cash you may need for other, more significant expenses
  • They can cover you for any extra wedding expenses that tend to just pop up
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Do you offer wedding loans for bad credit?

That’s the beauty of our wedding loans – pretty much anyone can apply! We do have certain eligibility requirements that you must meet in order to apply but your credit score is not one of them. We do conduct credit checks on all applications. However, we look at so much more than just your credit score. As a leader in the finance industry, we’re well aware that things happen and mistakes are made that sometimes result in a few black marks on your credit file. Who are we to judge?

We believe in giving all applicants a fair go.

Therefore, we’ll always look at your current financial situation as a whole rather than just focusing on your past mishaps. We’ll take a look at your current financial situation including your income, your spending habits and your overall relationship with money. As long as we can see that you’re making an effort to turn things around and you’ve acted responsibly with your credit in the last 3 months, we may be able to approve you for wedding loans for bad credit.

Wedding credit card bad credit, whatever it is you’re struggling with, our wedding loans for bad credit might be exactly what you need to make your special day exactly what you want it to be. You could even go for a second bird and straighten out your finances in the process.

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How to pay for a wedding with bad credit?

The best approach to paying for your wedding is to save up and use your own cash. Sometimes getting approved for credit can be difficult when you have bad credit. However, if you are struggling to save up the full amount, or you’re wanting to add a few extras, go ahead and apply for our wedding bad credit loans. No need to type frantic searches like wedding credit card bad credit loans. We’ll take a look at your situation and see if we can make you an offer that works for everyone.

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Wedding Planning Tips

Make a prioritized list

To ensure you’re staying within a reasonable budget, make a list of the things you might want for your wedding in order of importance. So things like the venue, celebrant, food and drinks, and a photographer might be at the top of your list. Figure out how much each thing will cost and then save accordingly.

Save on big-ticket items

Try and find cheaper alternatives to some of the traditional wedding expenses. You could minimise the cost of things like the venue and catering. If getting married in a church isn’t of high importance, maybe think about a beach wedding? Or even if you have a friend with a nice backyard. A change of venue might also allow you to find more reasonably priced catering.

See if your family will contribute

As weddings are a family affair, try your luck with your close relatives to see if they’re able and willing to throw in a few dollars. Ask Mum and Dad if they want to help out a little or even loan you some money to cover the expenses.

Work out some daily savings goals

Once you have a good idea of how much money you’ll need for the whole wedding, you can start to plan your savings goals. The easiest way to hit your financial target is to break down the total cost into daily goals. Then, try to reach this target every day with your fiance.

If you need some financial help, apply for one of our wedding loans and we’ll do our best to get you walking down that aisle with no stress at all.

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How much do your wedding loans cost?

The cost of our wedding loans Australia will differ depending on the type of loan you are applying for. If you are after unsecured personal loans under $2,000, the costs include:

  • A one-off establishment fee of 20% of the total loan principal
  • Monthly fees of 4% of the loan principal
  • A $35 direct debit dishonour fee charged for failed payments

If you’re after a medium secured personal loan from $2,100 to $4,600, you can expect to pay:

  • A one-off fee of $400 (broken down into your regular repayments)
  • An annual percentage rate of 48%
  • A comparison rate of 67.41%
  • A $35 direct debit dishonour fee charged for late payments

Want something a bit bigger? Why not apply for a large secured personal loan? These are for amounts between $5,000 and $10,000, and can be repaid over a period between 13 and 24 months. They include:

  • An annual percentage rate of 21.24%
  • A comparison rate of 48%
  • A $35 direct debit dishonour fee charged for late payments
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How do I repay my wedding loans?

Paying back your loan is even easier than applying for it. Once you are approved and before we send you your loan contract, a member of our team will get in touch with you to go over some final details. Therefore, we’ll ask you to elect a day – either weekly, fortnightly or monthly – in which you’d like your loan repayments to come out of your account.

Once you’re happy with the terms, we’ll go ahead and organise for your repayments to be automatically deducted from your account on that day for the full life of your loan.

How we make repayments simpler

There’s no need to worry about remembering to make your payments or stress if you accidentally miss one. The payment amount will just come out automatically when it’s due. All you need to do is ensure that there is enough money in your account for the payment to come out. Therefore, we always suggest picking your payment day to match up with your payday. That way you know you’ll always have enough dollars in your account.

Having a tough time? Here’s what you should know

Of course, if you do find that you are having a tough week and your account is looking a little low, get in touch with us immediately. If you let us know that you’re not able to make a payment at least 24 hours before it’s due to come out, we may be able to sort out some alternative arrangements that better suit your financial situation.

However, if you don’t let us know and we go to deduct the funds from your account and it fails, you will be charged a dishonour fee of $35. This is the last thing you need when you’re already doing it a little tough. So, always communicate with us when your loan terms no longer suit and we’re always happy to work with you to find ones that do. Therefore, if you’re chasing easy emergency cash loans for your wedding, you’ve definitely come to the right place!

Ready to start planning your wedding?

You can get a loan today up to $10,000 with us!

Finally, now that you’re all caught up on what our wedding loans can do for you, go ahead and get started with your application! You can just scroll up to the top of this page and use our loans calculator to start your quick loans application. Therefore, if you have any questions please don’t hesitate to get in touch with us via our website or our Facebook page. Alternatively, you can check out our FAQ page to answer any of your questions!

So, apply today!

How customers rate Jacaranda

Wedding Loans From Jacaranda Finance - For A Worry-Free Wedding! Overall rating: 4.8 out of 5 based on 57 reviews.

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Fast & Safe Loans

Small Personal Loan

Loan Amount

Minimum
$300


Maximum
$2,000

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Terms

Minimum
12 Months


Maximum
12 Months

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Costs

Up to 20% Establishment Fee
+ monthly fee up to 4%

Jacaranda Finance does not charge an annual interest rate on SACC loans. These small amount loans incur 'fees' instead of interest. The maximum comparison rate on our loans between $300 and $2000 is 199.43%.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
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Examples

Loan Amount of $1,000 over 6 months repayable weekly (25 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $240 (fees based on 4% per month over 25 weeks) = $1,440 total repayable in 25 weekly installments of $57.60.

Loan Amount of $1,000 over 12 months repayable weekly (50 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $480 (fees based on 4% per month over 50 weeks) = $1,680 total repayable in 50 weekly installments of $33.60.

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Medium Personal Loan

Loan Amount

Minimum
$2,100


Maximum
$4,600

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Terms

Minimum
13 Months


Maximum
24 Months

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Costs

Annual Percentage Rate (APR) is 48%
Comparison Rate is 67.41% per annum.

This comparison rate is based on a medium amount credit contract of $2,500 repaid over 2 years with a $400 establishment fee and APR of 48%.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
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Examples

Loan Amount of $3,000 over 18 months repayable weekly (78 weekly repayments). $3,000 (Principle Amount) + $400 (Establishment Fee) + $1,379.06 (reducing interest*) = $4,779.06 total repayable over 18 months with weekly installments of $61.27.

Loan Amount of $4,500 over 24 months repayable weekly (104 weekly repayments). $4,500 (Principle Amount) + $400 (Establishment Fee) + $2,732.56 (reducing interest*) = $7,632.56 total repayable over 24 months with weekly installments of $73.39.

* Reducing intertest means that the 48% APR is applied to the outstanding balance on a loan. When a loan repayment is made, the loans outstanding balance goes down and the APR is applied to that lower balance. Therefore, the interest component of the loan will constantly reduce (as long as repayments are being made!) - thus it is called reducing interest.
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Large Personal Loan

Loan Amount

Minimum
$5,000


Maximum
$10,000

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Terms

Minimum
13 Months


Maximum
24 Months

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Costs

Annual Percentage Rate (APR) is 21.24%
Comparison rate is 48% per annum.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
Invoice Icon

Examples

Loan Amount of $5,000 over 18 months repayable weekly (78 weekly repayments). $5,000 (Principle Amount) + $2,027.80 (Interest) = $7,027.80 total repayable over 18 months with weekly installments of $90.10.

Loan Amount of $10,000 over 24 months repayable weekly (104 weekly repayments). $10,000 (Principle Amount) + $5,577.12 (Interest) = $15,577.12 total repayable over 24 months with weekly installments of $149.78.

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