Plan Your Wedding
Taking a personal loan allows you to have the wedding of your dreams
without carrying expensive debt on a credit card.
Get your credit score for free and we’ll show you the best loans suited to your financial profile.
Are You Planning Your Wedding?
Maybe you haven’t given much thought to wedding loans. But these days, more and more couples are paying for part (if not all) of their wedding expenses on their own. And it is not inexpensive.
According to Weddingbells’ Annual Reader Survey, the expected cost of a wedding in Canada was $31,685.
On average, couples planned to pay for 13% of that with a credit card or line of credit.
A wedding loan from Borrowell is a more responsible way to borrow for Canadians who have good credit.
About Borrowell’s Wedding Loans
Borrow up to
from 5.6% APR
Creating an account is quick and easy. You’ll instantly see what options are available to you.
No hidden fees—
pay back anytime
with no penalties
Learn How Much You Can Save
Calculate Savings vs. A Credit Card
Credit card calculations assume a fixed monthly payment of 2.5% of the current balance. Making only the minimum monthly payment could mean it will take longer to pay off your credit card(s). You should refer to your credit card statements for payment information. The Borrowell interest rate is an estimated annual percentage rate (APR) including the origination fee. Your rate may be different. Borrowell does not guarantee applicability regarding your individual circumstances.
Lower your interest payments
While putting wedding expenses on your credit card may seem like a good idea at the time, credit card interest rates can quickly add up. Did you know that most credit cards in Canada charge interest rates of 19.9%, and many store cards charge up to 29.9%? An interest rate of 12% or 14% could save thousands of dollars in interest over the life of your wedding loan with Borrowell.
Pay if off early – no prepayment penalties
If you expect to get contributions or monetary wedding gifts from family and friends, you can put them toward your wedding loan. Make extra payments or even pay off your whole loan early. There are no prepayment penalties or fees on wedding loans via Borrowell.
So you can stop worrying about the interest you could be accumulating and start focusing on your special day.
Plan The Wedding You Want
Maybe you haven’t given much thought to wedding loans. But these days, more and more couples are paying for part (if not all) of their wedding expenses on their own. And it is not inexpensive. Venues, caterers, engagement and wedding rings, dresses, flowers, the list goes on and on. And we haven’t even gotten to the honeymoon!
Perhaps not surprisingly, many Canadians are taking out wedding loans to cover the costs of their wedding and honeymoon. Taking a personal loan allows you to have the wedding of your dreams without carrying expensive debt on a credit card.
A wedding loan from Borrowell offer you a fast and responsible option to pay for your wedding.
It’s free to check your rate for a loan with Borrowell. It takes only a minute and won’t affect your credit score. If you qualify, you’ll find out your interest rate, loan amount and monthly payment right away.