A Wedding Loan is one way for an individual consumer to borrow money. Typically, the borrower receives a lump sum payment (the principal) from a lender and pays it back at a cost (interest plus any loan fees). For Wedding Loans with an origination fee, the fee is often deducted from the principal loan amount, so the amount advanced to the borrower is the principal loan amount minus the origination fee. The borrower will typically repay the entire principal loan amount, which includes the origination fee. Payments are made in regular installments over the term of the loan. Many Wedding Loans are unsecured loans, which means they do not require the consumer to pledge an asset (like a home or car title) as collateral.
You may wonder whats in it for you.
A wedding loan means you can pay your wedding costs in one go, giving you peace of mind that everything's covered for your special day.
The interest rates for these Wedding Loans are generally set by the lender and can vary depending on factors such as the borrower’s creditworthiness and the amount and duration of the loan requested. Then you'll pay us back monthly, over a set period of time. All loans are subject to your financial circumstances and borrowing history at the time you apply.
The terms of your Sterling Standard Llc personal installment loan will have a simple fee structure. You will not be charged any application, prepayment or non-sufficient funds fees by your lender