by Dean Guadagni

Wedding expenses and the costs associated with that big day have taken on Mt. Everest proportions. According to www.weddingvendors.com, the average wedding in the United States costs between “. . . $16,000 and $20,000.” If you are eloping or short on funds, and you do not have a rich aunt or uncle, then alternative methods of financing a wedding may be necessary.

One such source of alternative wedding financing can be found at www.bridalloans.com. Bridalloans.com is a Irvine, California based company providing “personal loans” to couples from $1,500 up to $25,000.

Bridalloans.com’s program has the following criteria for their “Unsecured Personal Loans:

*No collateral

*No home ownership necessary

*No application fee or pre-pay penalty

*Terms are 48 to 60 months

*Co-Signers accepted

*Interest free option available

Bridalloans.com claims to have a wide variety of interest rates dependent upon a couple’s credit rating. They also claim to provide “competitive” interest rates for these personal loans.

In addition to these claims, Bridalloans.com also states “We work with multiple lenders, not just one, and we frequently combine loan offers, when the credit line offered by one lender is less than needed to defray all desired costs.”

Bridalloans.com also allows consumers to apply for financing online, via fax, or through traditional “snail mail.”

If you are searching for methods to finance your wedding, take the time to investigate all sources of money. Ask that valued family member or friend for a loan. Go to a credit union or a bank you have been utilizing. If you own your own home, with equity, check out a possible “cash out” refinance.

The last step to alternative financing would be the wedding loan industry. If this is the method best suited for your situation, then investigate Bridalloans.com. Make it a day to remember for the wedding not the financing headache.