There are certain milestones in the life of most families which bring a great deal of pleasure but require a rather large investment. Think of things like modernising your house, having a baby or buying a new car. They all cost a lot of money, but perhaps the most expensive one-off expense which is likely to crop up for most families is paying for a wedding. In these days of greater equality it’s no longer seen as purely the job of the parents of the bride to foot the bill, so if you’ve got kids there’s a very good chance you’ll end up paying at least some of the cost of a wedding. Given how expensive that can be, taking out a wedding loan from PCCU is easily the best option for dealing with the cost.
Research carried out by money.co.uk, using figures gathered by the Office for National Statistics, showed that the average cost of a wedding in 2017 was £27,000, but that this was predicted to rise to £32,064 by 2028. This figure is arrived at by including factors such as the venue and the cost of food for all the guests, so even if you don’t have to foot the entire bill, the wedding of one of your children is likely to put a massive hole in any savings you’ve managed to build up. That’s why a PCCU wedding loan could take the stress out of paying for the big day when it comes round.
Even if you’ve managed to amass some savings – something which isn’t easy against a backdrop of falling wages and rising prices – using all or a large chunk of them up to pay for a one-off event will mean you no longer have the safety net which savings represent. A wedding loan from PCCU, on the other hand, means you can pick and choose the very best on offer for the day itself, and haggle with suppliers in the knowledge that you have the ability to make a straight cash offer and drive prices down.
Unlike some lenders, we don’t offer one interest rate on our website and literature, and then point out the higher rates hidden somewhere in the small print. We’re an ethical lender and that means we’re always completely up-front and transparent about what you can lend, how much you’ll have to pay back per week or month and the amount of interest you’ll be charged. Because we’re a not for profit organisation we don’t have to bring in money to pay boardroom bonuses or share dividends. Any money we bring in is used to provide the best possible service for our account holders and to invest in our local community.
Once you’ve applied for a wedding loan we’ll deal with you quickly and clearly. We treat our account holders as individuals, and you’ll always be dealing with a real person rather than a computer or a distant call centre. Once we’ve got all the information we need we’ll give you a reply within two working days and by the next day if possible. As soon as a loan has been approved it will land in your account, leaving you free to get on with planning all the details, with nothing more to worry about than exactly who’s going to be sitting next to Uncle Barry. Contact us today for more information.