Wedding loan

No where.

That's not a "small" loan for a party. Most of the brides on here, myself included, are paying or paid for their weddings themselves. You need to host the party you can afford without loans. Either have a long engagement to have more time to save, take out second jobs, cut down on the guest list, choose a cheaper catering option and cut back on the "frills", choose a limited bar instead of open, ANYTHING. You shouldn't start off your life together in debt - silly debt at that.

One of the things that people on here feel strongest about is not starting your married life together with debt. So I have a feeling you won't get advice on here on where to get a loan.

Yes a party is great and everyone wants the dream wedding but you have two good choices:

1) Have a small wedding that you can afford now, all you really need is a marriage license and officiant. Have just immediate family if that's all you can afford. Then wait to have a big celebration/vow renewal on a five year anniversary or something after you've saved up.

2) Have a big wedding but wait a couple years to save money or take on a second job.

Stick around on here and you'll get a lot of great advice on doing a budget wedding. Some have said they've had great weddings for $2-$3k!

Also just saw you're in California...yeah weddings in CA are NOT cheap. It is hard to do a wedding for less than $10k there if you want 100 people and all the bells and whistles. But I definitely suggest just cutting down on certain things.

Of course we won't stop you from taking a loan and if the memories and perfect day are worth going into debt for then I won't change your mind. But every bride on here that comes back after their day says their day was perfect...from the tiny elopements to the grand weddings. So no matter what you spend, I know that your day will still be perfect.

Don't do a loan! And please don't take this as mean. You will stress yourself out with it. If you don't take out a loan than you can feel at peace and really enjoy this time in your life. Please, please don't do it.

Please don't do a loan. 10-15k for a one day party is crazy debt. Have the wedding you can afford. If you need more time to save postpone the wedding.

That is a lot of money to borrow for a wedding. I can understand if you want to have a little bit of wiggle room and sign up for a credit card with no interest flor the first year and pay the card off at the end of year. How much are you planning to set aside for the wedding and how much are you budgeting for the wedding? I would recommend to plan for a wedding that you can pay off in full yourselves before the wedding regardless of any monetary aid or gifts promised to you because those may fall through.

Please do not do this. Save up, have a small wedding, have a longer engagement if you need to. That is an astronomical amount to borrow for a wedding and it is not worth it.

I agree with everyone else. Please do not start your married lif off in debt! It is so hard on a marriage, or on anyone, really! My husband and I paid for our own wedding. We spent a little, each month on this or that (decor, favors, cake, etc.) until we had everything we needed. We are also in CA, and we ended up spending about $5,500 total, but it made it so much easier by making payments on the dress and paying so much(whatever we could afford) each month, and getting everything in small portions! But if you absolutely must get a loan, which I don't think anyone would recommend, but if you must, Wells Fargo is really great to work with!

To answer your question - go with a credit union. If you must.

However, I agree with the others. You really want to take loans out for utility or emergency reasons. A wedding is not a good idea to finance. What if one of you dies or you get divorced before the loan is paid off? What if someone loses their job and paying it becomes a hardship? 10k-15k is a new car. It's a downpayment on a house. Please don't spend it on a party you can't afford.

I agree with everyone else about not doing a loan! My FH and I talked about getting married this winter but decided against it since we knew it would be really hard to do it without loans. We are each saving $200/payday (every other week) as long as unexpected bills don't come up like a car breaks down etc. We will have saved over $10,000 by the time our wedding comes around and are budgeting for $8,000-$8,500 for the wedding. I seriously thought about a loan to do it this year and I'm so glad we decided against it! I feel SO much more comfortable doing it this way! And it gives us time to really enjoy being engaged rather than constantly doing wedding projects!! Win win!

Why don't you choose a date that will allow you to save to have the wedding you want? That is another option

You want to go $10-15k in debt for a 6 hour party? Please don't fall into the wedding trap. If the big party is really important to you, save up until you have enough to through the wedding you want, downsize a lot, or do both. If you and your fiance would rather not wait, it only costs around $100 to get married at the courthouse. Money problems are the number one cause of divorce, this is not a great way to start off a life together.

ETA: Words are hard

**** is NOT a small loan, especially for a party. You borrow money for tangibles; cars, houses, an education, not for a party. Anything can happen at any time; job loss, medical bills, dead cars; you don't want to be dealing with a loan on top of that. And you do NOT want to start your marriage with frivolous debt.

And for the record? Most couples pay for all or most of their weddings. Part of why our elopements and small weddings are WAY up over the last two years.

I'm not going to sit here and scream at you about how to handle your finances. I personally think it's a really bad idea, and beyond just going into debt:

1. I looked into this mostly for shits and giggles and you need to have damn near perfect credit.

2. The interest rates are ridiculous. Like 15-20%. So your **** loan(which is the price of a car so it's not exactly small. It'll end up being like $350 a month for payments) is much much much more than that.

Don't do this. No matter what, don't do it. You have to understand that by the time interest is paid, your 10-15K wedding will cost you 20K for no reason. Don't get into debt for your wedding.

And I'll add that someone above said to not do it unless you're in your final year of law or med school, but that's not good either. Both law and med school come with substantial debt (average for med school is $200K and your post-med school job called residency will pay you an average of $50K for 3-4 years). Don't add a wedding loan to that. Never spend money you don't have on something like a wedding. Either have the wedding you can afford, even if that's an elopement or have a long engagement to save your money for your dream wedding.

That's a lot. I wouldn't take out that much but if you must, look at your local credit unions, as they typically offer lower rates.

Date Twin! I agree don't do it! Maybe if it was small (less the 5) and you found something with a VERY low or 0 intrest rate that you can pay off after the wedding. I am thinking about getting a second job but the last thing I need right now if another bill to pay.

No, no, no! Please do not do this. I agree with everyone else-you are going $**** in debt for a party. We spent $5,000 on our wedding because that's all I was willing to spend and even that was hard to stomach, but I would have just gone to the court house before I took out a loan to finance that.

Can you imagine paying a high cost of a loan each month (that will run you in the 300s per month for 5 years!) that you can't experience for more than one day? You get a car, you drive it every day. You get a college loan, you take classes for years and your degree typically earns you a higher paying job. But a wedding is just one day. There are many couples on here who can help you figure out ways to save on everything. You could push your wedding back one year and that will help you better afford your day.

Most brides and grooms now a days pay for most or all of their wedding! I would not start my marriage off in debt for a 4-5 hour party. Just not worth it! Everyone said I was having a really long engagement but I wanted a little less than two years to save money without having to drastically change my lifestyle. (Income tax checks, working extra hours, putting amount away per month) These are all things I am doing in order to have my nice wedding 100 guests nothing crazy but still very nice. I created my budget before I even went to look at venues and had a price in mind that I wouldn't go past! Good luck and please do not start your marriage in debt over a party you will regret it!!!!!