Brides, Grooms & Family FAQ's

Brides and grooms looking to finance their wedding with a low-interest loan that requires no down payment may have questions about using Wedding Payment Plan and our chosen providers. If you don't find your answer here, please contact us by calling (866) 933-7297 or e-mail us.

How does it work?

Brides and grooms and/or their families may decide on their wedding venue and find out that Wedding Payment Plan is a preferred payment method and apply. Or brides and grooms may use WPP to select chosen providers. Distinctive venues have a special place on the Wedding Payment Plan wedding site. Each and every one not only accepts, but welcomes wedding payment plan as a preferred payment method.

How do I apply?

You can apply directly online by clicking here. In addition, applications (which may be mailed or faxed back to us) are available in our brochures, available at our distinctive wedding venues, or brides, grooms and/or their families may apply over the phone at (866) 933-7297 and press 1.

How much can I borrow?

Wedding Payment Plan offers loans for up to $25,000 for those who qualify. Because Wedding Payment Plan only works with wedding venues and select caterers we can only fund amounts to those parties.

Can I be pre-approved?

Wedding Payment Plan can pre-approve you. Simply enter $9,999 as your loan amount and we will pre-approve you for the highest loan amount possible and you can borrow any amount up to or equal to the amount for which you were approved.

What if I don’t know how much my reception will cost?

That is often the case. We suggest you use your best estimate. It is better to over, rather than under estimate, because any money left over after the event will be returned to the bank and applied directly to reduce your loan principal accordingly. If you underestimate, however, you can simply pay additional funds directly to your venue when they are due.

What if my wedding venue doesn’t offer Wedding Payment Plan?

Because WPP is always adding to our list of distinctive venues, we suggest you give us a call to see if your venue has already signed up with us. Venues listed on our website or who offer our product currently work with Wedding Payment Plan. In addition, as a consumer you have the power to influence this decision by your chosen venue. Feel free to ask your venue to contact Wedding Payment Plan to apply for distinctive venue status. However, there may be venues that choose not to offer WPP to their potential clients.

Does Wedding Payment Plan pay other wedding vendors like DJ’s, florists, transportation companies?

Only if those other vendors are included in a comprehensive package offered by your reception facility, will we cover those expenses. Wedding Payment Plan pays the wedding reception vendor only.

Do I need a co-applicant?

Co-application may be optional or necessary, depending upon your situation. We always suggest choosing the applicant with the best credit to apply and if a co-applicant would help we will let you know. There are instances where the applicant has not established ample credit to qualify for a loan. Otherwise, a bride, groom or family member may apply on his or her own. Ultimately, the party who applies is responsible for repayment.

What if I want to pay off the loan balance with my wedding money?

Not a problem at all. Prepayment is always welcome.

What rate am I eligible for?

Our tailored, fixed rate wedding loan rates are dependent upon the loan term you choose and your credit rating.

How do I know I am getting a good rate?

Wedding Payment Plan is able to offer comparably low rates for wedding loans because our loans are specialized; as compared with alternative methods of payment, our low, fixed rate option is often the better option.

What if I don’t end up getting married?

This is a common fear of most brides and grooms at some point during their engagement. The venue refunds the portion of refundable deposit if there is any directly to pay down your loan. Of course, there may be a non-refundable portion of your deposit enforced by your wedding venue. Wedding Payment Plan cautions brides and grooms to read and fully understand agreements very carefully before signing.