- How our wedding loans work
- Common costs that a wedding loan can cover
- Eligibility
- How to get a wedding loan
- Apply online in minutes
- Responsible lending
How our wedding loans work
A wedding loan allows you to borrow a fixed sum of cash that you can use to cover specific wedding costs. Given that the average Australian wedding costs roughly $36,000, even the most carefully planned budget can come up short.
That’s where a personal loan for wedding expenses from Red Tree Finance comes in.
Our cash loans of between $2,300 and $5,000 can help you to cover particular expenses, top up the wedding budget, purchase an engagement ring, or simply bridge any financial gaps that come up while you pay vendors and other service providers.
Common costs that a wedding loan can cover
Every couple has their idea of a dream wedding, no matter how big or small they want it to be. A wedding loan can help you to cover many of the common costs that go towards making this the most special of days:
- Bride’s wedding dress
- Wedding rings
- Groom’s suit
- Bridal party outfits
- Photographers / Videographer
- Reception entertainment (band or DJ hire)
- Honeymoon deposits
- Reception catering
- Venue hire
- Hens and bucks parties
- Car hire
Am I eligible to apply for a wedding loan?
You are eligible to apply for a wedding loan online if you:
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Are at least 18 years old
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Are you a permanent resident of Australia or valid visa holder
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Own an unencumbered vehicle registered in your name
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Have been employed for at least 3 months
Loan rates and fees
At Red Tree Finance, we have no hidden fees and charges. All your small wedding loan payment information is as listed below.
Online cash loan amount
$2,300 - $5,000
Application Fee
$0 (even if your application is not approved)
Standard establishment fee
$400
Other Fees
$20 (included in loan)
Annual Interest
47% (Comparison Rate 65.9%)*
Loan term
12 Months
Flexible repayment options
Weekly, fortnightly or monthly (based on your payday)
Direct debit dishonour fee
$35.00 debit dishonour fee may be issued if a scheduled payment is missed or returned unpaid
How to get a wedding loan
Applying for a Red Tree Finance personal loan to cover wedding expenses couldn’t be easier. All you need to do is determine how much you need to borrow (between $2,300 and $5,000)and complete our online application form. If we approve your loans, you could potentially have the funds in your bank account the very same day. It’s as easy as 1-2-3.
01.
Complete your application online in less than 5 minutes.
02.
A member of our assessment team will personally review your application.
03.
Once reviewed, you’ll receive your outcome within two hours of submitting your application.
Apply online in minutes
You can easily apply for a wedding loan in just 5 minutes through our secure, 100% online application form. Once you have submitted your application, it gets sent straight to our assessment team. We only ask for the necessary paperwork to assess your suitability, nothing more, so you won’t have to gather mountains of paperwork to complete your application.
A fair, human-assessed decision in 2 hours
Red Tree Finance uses an experienced team of human assessors to personally review your loan applications, rather than let computers do all the work. Once we have thoroughly assessed your form, we aim to provide an answer within two business hours of submission. As we review your application, our assessors consider your personal circumstances for a fairer outcome. This means we will only approve a loan that we’re confident you can repay without major financial burden. Once your application has been approved, you’ll be notified immediately. So you can rest assured that you will have the money you need in no time.
Repay your loan, your way
To make things easier for you, we offer a flexible repayment plan that aligns with your pay day. Opt for weekly, fortnightly or monthly loan repayments depending on what’s best for you. So there’s less stress about how and when to repay your loan.
The information provided here is of a general nature and is provided without considering your specific objectives, financial situation, or needs. It is intended for informational purposes only and should not be relied upon as financial, investment, or other professional advice.
Before making any financial decisions or taking action based on the information presented, you are strongly encouraged to assess its appropriateness in light of your individual circumstances. Red Tree Finance does not intend to provide personalised financial advice, and you should seek independent financial, legal, tax, and other relevant advice tailored to your unique situation.
Commitment to responsible lending
At Red Tree Finance, we take our lending responsibilities very seriously and are committed to responsible lending. Our team of experienced Australian-based assessors will only recommend to you a loan we believe can be repaid. That’s why we take careful note of each customer’s individual circumstances to ensure we have your best interests in mind.
Frequently Asked Questions
See AllYes, you can! Red Tree Finance wedding loans can provide you with funds of between $2,300 and $5,000. While it may not cover the cost of the entire wedding, it can be a helpful tool to top up your existing wedding savings or cover specific costs like venue hire or wedding photographer services.
The best way to borrow money for a wedding ultimately comes down to your current financial circumstances and whether you have the means to repay what you borrow. While some people may look to their parents or use their credit card, others may benefit from a secured loan that helps them cover particular expenses and repay the borrowed amount over a longer period of time.
Red Tree Finance offers wedding loans up to $5000 for people who meet specific eligibility criteria. You must be at least 18 years old, either an Australian citizen, permanent resident or valid visa holder, own an unencumbered vehicle registered in your name, and be able to show evidence of at least 3 months of ongoing and current employment. You don’t need to show proof of your impending wedding to be eligible for a wedding loan.
Securing a wedding loan and repaying it successfully may actually help to improve your credit score. By making your payments on time, you may find that your credit history gradually improves. If you find that it’s hard to manage multiple debts, a debt consolidation loan can help consolidate your repayments, so you only need to make one recurring payment.
Ready to apply for a loan?
Apply to borrow up to $5,000 fast. Complete the online application in less than 5 minutes.
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