Weddings are fun, but they can also cost a lot of money. The costs can add up quickly, from making reservations to eating out to getting ready and taking pictures. According to industry estimates, the average wedding in the U.S. in 2025 will cost between $25,000 and $35,000, depending on where it is and how many people come. A lot of couples can’t pay for these costs on their own. Taking out a personal loan for a wedding is a good way to solve the problem. They have fixed interest rates, set monthly payments, and repayment terms that can be changed to fit different budgets. Wedding loans let people combine all of their costs into one easy-to-manage payment. This is different from credit cards, which may have higher interest rates and balances that change all the time.
Marcus by Goldman Sachs
Marcus offers competitive rates, flexible repayment terms, and zero fees, making it one of the most transparent lenders.
Borrowers benefit from:
- Repayment terms of 36 to 72 months
- No origination fees or prepayment penalties
- A quick online application process with fast approvals
Marcus is a strong choice for couples seeking predictable costs without hidden charges.
SoFi Personal Loan
SoFi combines competitive fixed rates with borrower-friendly protections. Its unique unemployment protection program temporarily pauses payments for up to 12 months if job loss occurs.
Additional benefits include:
- Loan amounts up to $100,000
- Repayment terms from 2 to 7 years
- Access to free career coaching and financial planning resources
SoFi suits couples who value both financial flexibility and long-term support.
LightStream
LightStream caters to borrowers with excellent credit and offers some of the lowest APRs in the market.
Borrowers gain:
- Same-day funding for approved applications
- Loan amounts suitable for both small and large weddings
- Online-only streamlined process
This lender is most attractive to applicants with strong credit histories who qualify for top rates.
Discover Personal Loans
Discover eliminates origination fees and offers 24/7 customer support, which sets it apart in terms of borrower assistance.
Features include:
- Loan amounts between $2,500 and $35,000
- Flexible repayment terms from 36 to 84 months
- Pre-qualification that does not impact credit score
Discover balances affordability with reliable service.
LendingClub
As a peer-to-peer platform, LendingClub provides opportunities for borrowers with a range of credit scores.
Highlights include:
- Loan amounts from $1,000 to $40,000
- Repayment terms of 3 to 5 years
- No prepayment penalties
This model often results in competitive interest rates, even for applicants with average credit.
Upstart
Upstart leverages AI-driven underwriting to evaluate beyond credit scores, making it suitable for younger borrowers with limited histories.
Borrower perks include:
- Loan amounts from $1,000 to $50,000
- Decisions often delivered within minutes
- Competitive rates determined by broader financial factors
Upstart is an appealing option for couples new to credit building.
Best Egg
Best Egg provides quick access to funds and intuitive online management tools.
Borrowers benefit from:
- Same-day funding availability
- Easy-to-use loan management dashboard
- Flexible loan amounts up to $50,000
Its speed and usability make Best Egg particularly convenient for couples facing last-minute wedding costs.
Avant
Avant serves borrowers with fair to good credit, offering manageable APRs and a clear fee structure.
Features include:
- Loan amounts from $2,000 to $35,000
- Repayment terms of 24 to 60 months
- Funding typically within 1 to 2 business days
Avant offers accessibility without overwhelming complexity.
Payoff Personal Loans
Though primarily marketed for debt consolidation, Payoff loans can also fund weddings.
Borrowers receive:
- Fixed interest rates generally lower than credit cards
- Transparent terms and straightforward repayment
- Loan amounts from $5,000 to $40,000
Payoff is best for couples who may also be managing existing credit card debt.
PenFed Credit Union
PenFed combines competitive interest rates with personalized service, though membership is required.
Borrowers enjoy:
- Loan amounts starting as low as $600
- Terms up to 60 months
- No application fees or prepayment penalties
For couples eligible for membership, PenFed offers some of the lowest rates among credit unions.
Wedding Loan Providers in 2025 Summary
| Lender | Loan Amount Range | Repayment Terms | APR Range (Estimated 2025) | Fees | Features |
|---|---|---|---|---|---|
| Marcus by Goldman Sachs | $3,500 to $40,000 | 36 to 72 months | 6.99% to 19.99% | No origination, no prepayment | Transparent structure, quick funding |
| SoFi Personal Loan | $5,000 to $100,000 | 24 to 84 months | 7.99% to 23.99% | No fees | Unemployment protection, career resources |
| LightStream | $5,000 to $100,000 | 24 to 84 months | 7.49% to 20.99% | No fees | Same-day funding, best for excellent credit |
| Discover Personal Loans | $2,500 to $35,000 | 36 to 84 months | 7.99% to 24.99% | No origination | 24/7 support, flexible terms |
| LendingClub | $1,000 to $40,000 | 36 to 60 months | 8.30% to 26.06% | Origination (varies) | Peer-to-peer lending flexibility |
| Upstart | $1,000 to $50,000 | 36 to 60 months | 7.80% to 35.99% | Origination (varies) | AI-driven underwriting, good for limited credit |
| Best Egg | $2,000 to $50,000 | 36 to 60 months | 8.99% to 29.99% | Origination (varies) | Same-day funding, user-friendly dashboard |
| Avant | $2,000 to $35,000 | 24 to 60 months | 9.95% to 35.99% | Admin fee may apply | Best for fair credit borrowers |
| Payoff Personal Loan | $5,000 to $40,000 | 24 to 60 months | 8.99% to 25.99% | Origination (varies) | Designed for debt consolidation |
| PenFed Credit Union | $600 to $35,000 | 12 to 60 months | 7.99% to 18.00% | No origination | Lower APR for members |
Conclusion
As wedding costs go up, more and more people are getting wedding loans to help pay for them. In 2025, lenders will keep adding to their services by giving borrowers more options for how to pay back their loans, digital tools, and protections that are unique to each borrower. Marcus and Discover will lend money to people who want to be honest. SoFi and LightStream will lend money to people with good credit. Upstart and Avant have options for couples with bad or limited credit histories, and PenFed has competitive rates for its members. Ultimately, the best option depends on your credit score, how much you need to borrow, and how comfortable you are with paying it back. Couples can find a loan that will pay for their wedding without putting their long-term financial security at risk by carefully comparing their options and looking at APRs, fees, and how flexible the repayment terms are.
Frequently Asked Questions
Are wedding loans different from personal loans?
No. Wedding loans are just personal loans that you use to pay for things related to your wedding. They work the same way, with fixed APRs, monthly payments, and terms for paying back the loan.
What credit score is needed to qualify?
Most lenders require a minimum credit score of 600 to 660. Premium rates are usually reserved for scores of 700 or higher.
How much can typically be borrowed for a wedding?
Loan amounts generally range from $1,000 to $100,000, depending on the lender, creditworthiness, and income.
Do wedding loans have hidden fees?
Many top lenders charge no origination or prepayment fees, but some (e.g., LendingClub, Avant) may apply origination or administrative charges. Always review loan disclosures.
Are there alternatives to wedding loans?
Yes. Alternatives include:
- Using savings or gifts
- Opening a 0% APR credit card (short-term)
- Borrowing from a credit union with favorable terms
- Scaling back wedding expenses to fit within cash flow
Updated by Albert Fang
Source Citation References:
+ Inspo
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