need a credit card to save my wedding!!

spinningsheep

Just a thought, but, have you considered explaining your situation to your family/friends and guests, and asking that owing to the circumstances you have now found yourself in, would they all contribute to your wedding fund instead of gifts? I know that I would see it as an investment in the happy couple's future and in europe this is common practice (went to a wedding in Cyprus where people pin money to the bride's dress and envelopes of money are given as a gift toward the future hapiness of the couple) It may not raise the whole £2000 but it's a start. Sorry I cannot think of anything more to help.

Simon7685

It isn't the answer and a lot of people on here will probably lambast me for it but...............
IF you find your heads up against the wall and can't do anything else and family and friends have done all they can. You could consider the sub prime credit cards, they may lend to you, but there would be a price to pay.

It may be possible for you to raise the £2k from sub prime cards but realistically not all of it. The interest rates are very steep, Vanquis up to 59%, Aqua 35%, Cap One Classic 29% and Barclaycard Initial 29%. You may only get small limits of £250 - £500 though and the interest is hefty.

The trouble is, if you have no options open, they might help you through this. You need to think about the repayments though and whether you would be able to meet them.

I am not recommending you do this but if all else fails, it might save your day, although the price to pay might be worth you thinking is it worth it. If you do decide to go for any of the subprime cards, I would apply for them all in quick succession before all the applications are picked up by the credit agencies, or it could lessen your chances. Also applying for more cards in such quick succession will not look good on your credit reports and it will take a lot of rebuilding work to get it back again

I can't believe I am sat here telling you that this could be an option if all else fails!!! Whatever you do I hope you can salvage your day and make sure you enjoy it, as you could be paying for it for a long time to come.

MonkeyMad

penguinslovecrumpets wrote: »

we are pretty clueless about money and had never had any form of debt until this year (bloody wedding!).

I'm going to sound harsh but this is nothing to do with money or financial products. This is about very poor prioritisation, and committing to actions that cost money without having funding in place (and reliance on future earnings is not having funding in place). You are getting married, have already paid out a load of cash, and yet haven't paid either the registrar or for the wedding dress, which are probably the two most essential elements.

You are where you are with this one, but you should be learning something from it. If nothing else you should rid yourself of the view that you 'are bad with money'. If you can count there is not aproblem with the concept of money - you need to work on making rational choices.

Rupert_Bear

Why not just be honest with both sets of parents and explain the situation and who knows they may come up with some cash. Starting marriage in debt is a great recipe for disaster.

All you need is each other and material things are so unimportant.

AMILLIONDOLLARS

Simon7685 wrote: »

It isn't the answer and a lot of people on here will probably lambast me for it but...............
IF you find your heads up against the wall and can't do anything else and family and friends have done all they can. You could consider the sub prime credit cards, they may lend to you, but there would be a price to pay.

It may be possible for you to raise the £2k from sub prime cards but realistically not all of it. The interest rates are very steep, Vanquis up to 59%, Aqua 35%, Cap One Classic 29% and Barclaycard Initial 29%. You may only get small limits of £250 - £500 though and the interest is hefty.

The trouble is, if you have no options open, they might help you through this. You need to think about the repayments though and whether you would be able to meet them.

I am not recommending you do this but if all else fails, it might save your day, although the price to pay might be worth you thinking is it worth it. If you do decide to go for any of the subprime cards, I would apply for them all in quick succession before all the applications are picked up by the credit agencies, or it could lessen your chances. Also applying for more cards in such quick succession will not look good on your credit reports and it will take a lot of rebuilding work to get it back again

I can't believe I am sat here telling you that this could be an option if all else fails!!! Whatever you do I hope you can salvage your day and make sure you enjoy it, as you could be paying for it for a long time to come.

They are maxed out

Simon7685 wrote: »

our household bills can not be cut further and we are virtually on no money once our direct debit go out on payday.

So there is NO WAY they could do what you have suggested:eek:

AMD

Simon7685

It was merely a suggestion to try and help the OP find the solution they want, which is for the wedding to go ahead. It is not something I personally would advise but the OP did seem very keen to try and find a way to borrow the £2k needed.
Whilst I don't necessarily agree with it, I was merely trying to help the OP as requested.

JimmyTheWig

tonyh66 wrote: »

I have to agree, spending £10K+ on a wedding is a bit reckless if you don't have the money. Sorry.

At the time it sounds like they did have the money, but their income has taken a serious and unexpected hit.

JimmyTheWig

Right, OP, you've got some tough decisions to make.
Basically it sounds like you're pretty scuppered.
I don't think you're going to get any company to lend you the money for this.

You could cancel the wedding and lose out on £8000.
Or do everything you possibly can to scrape this money together.

I agree with the suggestions of asking for cash as an early wedding present. I think you've just got to be honest with people and let them know the situation.


Go over everything in the wedding budget. Is there anything that you could cancel / get a refund on that would mean the wedding can still go ahead?

Then look at your other outgoings. Is there anything else you can cut back on? I'm thinking things like Sky TV, weekly food bills. Maybe have value beans on toast a few nights a week? Not going to get you what you need, but it will all help.

Are you renting or paying a mortgage? If mortgage, can you go interest-only for a while? But make sure you get back on top of things if you do.

Next, can you up your income? Can you take on other work? Extra hours? Cleaning / bar work / pizza delivery, etc? Can you take in a lodger?

Then it's a question of what you can sell. Even if it is things that you feel you need, if you can sell them to save the wedding you can buy them back at a later date. The thing I'm specifically thinking here is a car. Could you cope without it for a while? I'm also guessing that you will have bought loads of stuff for the wedding that you haven't yet opened. Can you return some of this for a refund? If not, it should sell on eBay if it is unopened.


It's an awful lot of money you need to find. But it's even more money that you stand to lose if you don't find it!
Let us know what suggestions you think might work for you.

jason1231972

I think that asking for the money is the most sensible first option...

...None of your guests are likely to turn up empty-handed (assuming they're not total cheapskates), and guests can sometimes appreciate being told what to buy, rather than turning up with the same toaster/blender/crockery as another guest.

If you want to 'save face' a little, approach your nearest and dearest first - close family and friends. If desperate, put the word out to everyone (do you have a gift list or similar? If so, consider changing it!).

It may be embarrassing and uncomfortable, but it may make the difference between saving and sacrificing your wedding and all the money you've already paid.

If I was a guest - even if not a close member of your social circle - I'd totally understand.

ahxcjb

penguinslovecrumpets wrote: »

hi everyone

i am getting married in 2 months and still owe £2100, my partner has had his wage cut dramatically in half and we now have no time to earn extra money before everything has to be paid. we already have used £3000 (to the limit) on a tesco credit card (no interested for 18months recieved this in april 2012) which we are making minimum repayments to. we have been declined for three loans with Tesco, Halifax and santander, we are really starting to panic there is no family we can loan from and if we can not come up with the money our wedding will have to be cancelled and we will lose the £8000 we have already paid out. our household bills can not be cut further and we are virtually on no money once our direct debit go out on payday.

we are pretty clueless about money and had never had any form of debt until this year (bloody wedding!).

any advice or help would be greatly appreciated.

Why did you chose to outlay so much on getting married when your finances clearly cannot support such a lavish ceremony?