Can you get a loan for a wedding? The do's, don'ts and alternatives

Many recently engaged couples can't wait to dive right into wedding planning. Besides, it's so easy to get (happily) lost in the venue search, floral details and the hunt for the perfect photographer. But before you can dust off your Pinterest board, you need to figure out how you're paying for your wedding in the first place. A LendingTree survey found that 67% of newlyweds took on debt to pay for their wedding — with 11% taking out a personal loan. While personal loans can be used to pay for such large expenses, there are a few guidelines you should consider when it comes to smartly using a personal loan to cover wedding expenses. Can you get a loan for a wedding? Bad credit? You can still get funding for major expenses. Offers in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent availability. Annual percentage rate (APR) Wedding loan do's Here are some factors to consider as you apply for a personal loan to cover wedding expenses: Do: First turn to your savings Turn to money you've already saved for your wedding first, then use a personal loan to cover any cost gaps your savings can't cover. Doing this lets you reduce the amount of debt you're on the hook for. Also, factor in any financial assistance you and your partner might be receiving from family members. …