Some lenders, like Promise Financial and LightStream, offer
specific wedding loans, but most lenders offer generic personal loans that can be used to pay for wedding expenses.
Not exact matches
While funds availed through other popular
loans, such as car
loans and home
loans, may only be used for a
specific purpose, you could use personal
loans for anything including paying for a
wedding, consolidating debts, renovating your house, or taking a holiday.
If you want to borrow money for a car, you could simply take out a car
loan, but if you require funding for a purpose that's less
specific or falls outside the typical lending box (such as a vacation,
wedding or home improvement), a personal
loan provides more flexibility.
If you're uncertain about the health of your DTI ratio, don't head into the
loan process
wedded to a
specific loan amount.