Borrowing for your betrothal

Wedding Style & Decor

Rick Lew

I know how difficult budgeting for your wedding can be, so I was intrigued by Wedding Payment Plan, a first-of-its-kind loan company offering an innovative way to fund the wedding of your dreams. Based in Massachusetts, the company works directly with wedding vendors by paying them directly and providing the couple (or their families) with a loan they can pay back over a fixed period of time. Tailoring their services to weddings, the company is able to offer better rates and higher credit limits than those offered by traditional lenders.

"The one common theme we hear from almost all the families that work with us is that Wedding Payment Plan takes the stress out of the planning process," says company president Scott Almeida. "They simply pay a monthly amount that fits neatly in their budget rather than stressing about how to come up with giant payments!" Best of all, you can tailor the plan to fit your specific needs—funding your entire ceremony or just borrowing enough to add an extra special touch that you wouldn't otherwise be able to afford. Wedding Payment Plan currently only offers its loans to Massachusetts residents, but be on the lookout for services in your state—the company plans to expand nationwide within the next year and a half. —Kathryn Papanek

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