The super important problem usually faced every married couple is no other cost of marriage. Understandably, the cost of marriage at this moment continues to rise. With the high value of the need and the lack of funds still owned by some couples rely on borrowing cash into the bank to finance the wedding. Most financial advisors will tell you not to pursue a marriage loan.
Cash Advance Credit Lending Process
You also need to know when you want to apply for a marriage loan, you will not find a loan called a wedding loan in the bank that you are headed. What you’ll find is a loan called non-collateral loan or unsecured credit. That is an installment loans product that you can use to finance a wedding reception party. Because unsecured credit is a loan product without collateral that is flexible, can be used for various purposes, as well as business financing up to the wedding.
This way does look like a fairly easy shortcut because you do not have to bother applying for a guarantee to get it. Although the name of the product can be seen that this loan does not use or without using a guarantee, but it does not meancredit without collateral has no requirement at all. Thus, your decision may be to accept unsecured credit or not assessed from your ability analysis in paying the funds to be borrowed.
The process of obtaining credit without collateral for the cost of marriage after you meet the requirement is quite easy to pass through the following stages:
- Determining Bank Options
This is the starting point you need to pay attention to. Determine which bank can provide the best (unsecured credit) service for your wedding expenses. Convenience of services offered by the bank will be the points that determine the payment of credit without collateral you.
- Having a Credit Card
When you apply for credit without collateral credit card ownership will be an important point because it can be an analysis of loan provider banks to monitor the pattern of payment of prospective customers. At least the age of your credit card has been running for approximately 1 year may be useful.