An Essex Wedding Magazine, 9th July 2014, An expensive vow:

Data from the UK’s largest loan broker shows a sharp jump in financial borrowing for weddings in 2013-2014. So if you’re just starting your wedding planning, make sure you’ve done your sums. The UK’s largest personal loan broker, Freedom Finance, reveals the extent to which British couples look to credit to help fund their wedding day. It shows that between June 2013 and May 2014, over six thousand people applied for wedding finance through the company, totaling more than £40 million. If you think that sounds hefty, you’d be right, this is a rise of applications by more than one quarter on the previous year. Nicola Georgiou, managing director of Freedom Finance says, “For couples hoping to use a loan to help fund their dream wedding, it’s important to go about it in the right way. By searching for credit using a ‘soft search’ engine, couples can find the best rate available for their specific circumstances, but without risking damage to their credit record through loan rejections. As the start of a new life together, there is no better time for borrowers to take care of their credit scores.” For more information, visitwww.freedomfinance.co.uk