What it can cover
- Venue or catering deposits.
- Wedding clothes and rings.
- Photography or flowers.
- Travel for your own wedding.
Check these before you borrow
Set a total budget
Agree on a total first, then see how much you can save before the day.
Ask about payment schedules
Many venues and suppliers let you pay in stages before the date.
Borrow only the gap
Use your savings first, and borrow only what’s left.
How the loan works
It’s the same loan whatever you use it for. Your offer and contract show your exact figures before you accept.
| Feature | What it means |
|---|---|
| What you can borrow | $2,050 to $4,600 in cash, in $50 steps |
| Establishment fee | $400, added to the loan, so the total stays within $5,000 |
| Length | 3 or 6 months |
| Repayments | The same amount each time, weekly, fortnightly or monthly, timed to your pay. The first is at least 7 days after the loan is paid. |
| Interest | A fixed rate, charged only on what you still owe |
| Paying early | Allowed at any time, with no early repayment fee |
| Security | None. The loan is unsecured |
| How you get the money | Paid into your own Australian bank account, if you’re approved and accept |
When this loan isn’t the right fit
- Costs you could cover by saving before the date.
- Everyday bills or living costs that keep coming back.
- Paying off other loans or debts.
- Anything for a business, investing or gambling.
- If the repayments would leave you short for essentials. Free, confidential help is available from the National Debt Helpline on 1800 007 007.
Questions
How much can I borrow?
$2,050 to $4,600 in cash, with the $400 establishment fee added to the loan.
When do repayments start?
You choose your first repayment date before you sign: any day from 7 days after the loan is paid.
Can I pay it off early?
Yes. You can repay early at any time, with no early repayment fee. You only pay interest for the time you have the money.