Wedding help ! - Financial?

Question

My fiancé and I are getting married April 28th and we have run into some unexpected financial expenses. To make a long story short, we are about $1,500 short of what we need for the wedding. We both go to school and work, so we can’t pick up extra jobs and we have tried to take out a couple personal loans, but both times we were denied. We have no family or friends that can help us with the money either, we have already asked. Without the $1,500 (which is for food and officant fees) there will pretty much be no wedding. We have no clue what to do. Does anyone have any financial advice ( loans for people with no so great credit, or loan alternatives) Absolutely any significant advice will be helpful, we are at the end of our ropes here.

We can't elope or call off the wedding, everything else is already paid for -nonrefundable, if we eloped or went to the court house we would be out about $6,000

Answer 1

Try Wells Fargo Financial; Citibank Finanicial etc..these are branches off of the main bank that specialize in subprime (high risk) credit. For example I think it is pretty easy to get a loan with Citibank as long as you have not had a bankruptcy within the past two years. Also depending on what state you live in a Payday Loan office may have the authority to give you an installment loan.

Answer 2

I was in a similiar situation. We had basically everything paid for except catering when my fiance was laid off. I considered changing our wedding plans, but decided to stick with them since it was cheaper to come up with the extra money than loose the deposits that were not refundable. Since we already signed a contract with the caterer, we put the catering on our credit card and paid it off in large chunks afterward. But I'm assuming this isn't an option for you, otherwise you wouldn't need suggestions.

If you haven't entered into a catering contract I'd recommend having a cake and punch reception so you won't have to come up with as much money. If your cake isn't already paid for, you can purchase a cake from a local grocery or wholesale store. Another option is to serve from sheet cakes to cut back cost. You can still have a pretty sheet cake nicely decorated very inexpensively.

Since you've already looked into asking family, the only other option is to check with your bank to see if you can get a personal loan to cover the expenses (you can get good rates especially if you belong to a credit union). If you have a car note, check to see if your lender also provides personal loans. The amount you need is not that much and you probably would get approval. If neither of these work out for you then I'd just have your ceremony and get a payday advance to pay for the officiant fee (only if you'll be able to pay it back and the finance fee without any problem). You don't necessarily have to have a reception; what's most important is the ceremony. I'm sure all of your family and friends will understand. One last option is to see if you can get some of your close family and friends to go in together and help provide some food for a simple reception (finger sandwiches, meatballs, etc.). Don't fret, everything will work out just fine. You can always have a nice reception later to thank everyone once you get on your feet.

Answer 3

Cut the menu down from a formal dinner to an hors d'ouvres spread or buffet (have a bbq master cater it instead-- that's really fun!), remove the red meats from the menu and switch to roast chicken or turkey, or make the food yourselves; have a pay bar instead of an open bar (guest pay for drinks other than the toast champagne). This far ahead, you can still make many major changes, even change the venues for the ceremony and/or reception, if you must. The most you'll lose is your deposit, and at this time of year you may even be able to get that back, as so many folks want to be married in the spring. Change your floral orders-- that can save you up to $500 just by changing from roses to daisies and carnations. Have a Justice of the Peace officiate-- that's usually only $30-100.

Answer 4

TAX RETURNS
Can you get any money from that? If you both have received your W2s, you can do that quick file and get your money back the same day.

GARAGE SALE OR RESALE SHOPS
I once got $250 for old prom dresses....Can you have a garage sale or take clothes to resale shops?

SCALING BACK RECEPTION
I agree with some of the other comments to try to scale back, especially on the food. You can still have a nice reception with hors d'ourves, cake and punch.

My only advice, is DO NOT go in debt over this wedding. You don't want to start your married life together creating debt. Best of luck to you and Congratulations!!!!

Answer 5

When a budget is in place, you can always expect to go about 15% over. You're almost double that.
Have all the other vendors been paid in full? If not, call them & see if you can work out some sort of payment plan. They might be able to help you cut expenses. You have no other choice.
See if you can go with less decorations, flowers and less expense with the food. Cake & punch will work just as well, tho' it's not exactly what you'd planned.
Then all you'll have to do is come up with the money for your officiant.

Answer 6

Did you have your bridal shower yet? You could try to set up some kind of Visa or Mastercard gift registry to make it not sound so improper. You could always move the time of the wedding so that you won't have to have as much or no food at all. You have probably already sent out your invitations but you could get some correction cards that change the time and send those. Or you could make them. You could also try to sell some things on ebay, have a garage sale, apply for a small loan, get cheaper flowers. Eat ramen noodles. lol! We've all been through that phase. You could also pray about it, if your religious. Good Luck girl and I hope everything works out for you.

Answer 7

Gee, bad planning, eh? Well, it might be best to take the loss, since you can't get the money elsewhere. Postpone for now, and wait till you are better prepared, and plan a smaller, or scaled-down wedding. So sorry....

Answer 8

If you don't have the cash and no way to get the cash, it's time to start cutting. Cut expenses somewhere- flowers, clothing, alcohol, location, etc.
You might try one of those Pay-Day Loan centers, but I don't think going into debt is a good way to start a marriage. You can hold a yard sale, or sell things on ebay.
You can still get married, but you might have to skip the wedding.

Answer 9

Have you asked a person with good credit to co sign on a loan? Do you have stuff you could sell on eBay or some place like that? You could try and have family pitch in and make dinner yourselves. Wish you luck.

Answer 10

trim your reception back to cake and punch.........have a bake sale, yard sale; short of that don't ever take out a loan for a wedding, you can get married for less than 60 bucks at the courthouse....


You only need to come up with $24.32 per day until youir wedding; no morning coffee, no out to lunch; don't go out on the weekends...no movie rentals....walk, or ride share to work so you don't have to buy gas....when the going gets tough, the tough get going.......this will be the easiest challenge you and your husband will have in the upcoming years......