Wedding businesses across the country are still screaming ‘yes’ to the Yes vote

As celebrations slowly die down from the result of the marriage postal survey, there may still be a group of Aussies clinking their champagne glasses.
Wedding businesses around the country are now gearing up in anticipation of the influx same-sex couples will bring to the industry.
Although the winning ‘yes’ vote doesn’t technically mean legislation relating to same-sex marriage will pass, businesses are expecting to see a massive increase in sales.
“We anticipate wedding spending will go up by 30%. It’s going to have a huge impact across the board because firstly same-sex couples are often double-income no children and the amount of money they have available as disposable income is bigger,” said realweddings.com.au founder, Kirsten MacKelden.
RELATED: Australia’s best personal loans of 2017
Experts are also anticipating that the ‘go large’ approach to ceremonies and venues by same-sex couples - due to their disposable income and “impeccable taste” - will ultimately turn up the heat between competitors.
“There’s going to be a lot more competition for venues and suppliers and for people to get in first, people will start to go to alternate weddings venues as opposed to the ones we all know and love,’’ said marriage celebrant, Scott Duncombe.
However, for Aussie same-sex couples who still desire a lavish wedding but need a little help to score their Dior, taking out a personal loan may also be on couple’s to-do lists.
If you’re on the hunt for the perfect personal or wedding loan for your big day, here are five personal loans to get your search started. Alternatively, give yourself a variety of options by using our personal loan comparison tool, which compares 186 personal loans. And if the term ‘wedding loan’ has you puzzled, read on for a wedding loan crash course.
Personal loan comparisons on Mozo
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Promoted

Unsecured Personal Loan
- Fixed
Go to site- Interest rate from
-
5.76
%
p.a.
to24.03 % p.a.
- Comparison rate from
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$606
Fast, easy and 100% online, this is a low cost loan with no ongoing fees or extra repayment penalties. It's perfect for savvy borrowers with great credit. If you’re over 18 and earn above $30,000, you could qualify (other eligibility criteria may apply).
- Interest rate
-
5.76
%
p.a.
to24.03 % p.a.
- comparison rate
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$575
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
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$0.00
- Minimum loan amount
-
$2,000.00
- Maximum loan amount
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$100,000.00
- Minimum loan term
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3 Years
- Maximum loan term
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7 Years
- Security required
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Unsecured
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
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yes
- Redraw allowed
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no
- Other restrictions
-
Establishment fee is added to the loan amount and interest is charged on the total amount.
- Other benefits
-
Establishment fee is $0 for customers that qualify for the lowest rate, and up to $575 for everyone else.
Read reviews and learn more about Harmoney personal loans
Go to site -
Promoted

Unsecured Personal Loan
- Fixed
Go to site- Interest rate from
-
5.95
%
p.a.
to26.95 % p.a.
- Comparison rate from
-
5.95
%
p.a.
to26.95 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$608
Borrow up to $50,000 unsecured. Perfect if you earn more than $22,100 p.a. and have good to excellent credit. Multi-year winner of Mozo’s Experts Choice Unsecured Personal Loan Award, 2021, 2022, 2023, 2024 & 2025^'
- Interest rate
-
5.95
%
p.a.
to26.95 % p.a.
- comparison rate
-
5.95
%
p.a.
to26.95 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
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0
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$50,000.00
- Minimum loan term
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2 Years
- Maximum loan term
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7 Years
- Security required
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Unsecured
- Repayment options
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Weekly, Fortnightly
- Extra repayments allowed
-
yes
- Redraw allowed
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no
- Other restrictions
-
Rates based on borrower with excellent credit score. Maximum 3 year term for loan amounts $8,000 or less.
- Other benefits
-
-
Read reviews and learn more about NOW Finance personal loans
Go to site -
Promoted

Low Rate Personal Loan
- Exceptional Credit, $5,000 - $75,000, or up to $100,000 for eligible purposes
Go to site- Interest rate from
-
5.95
%
p.a.
to18.99 % p.a.
- Comparison rate from
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$608
Competitive low rates for borrowers with exceptional credit on 1-7 year loans from $5,000 up to $75,000 (or up to $100K for home improvements or car loans); no monthly account keeping fees, no exit fees and no early repayment fees. Winner of Mozo's Experts Choice Excellent Credit Unsecured Personal Loan 2024 and Excellent Credit Secured Personal Loan 2024 awards ^. Min. income of 25k after tax, to apply.
- Interest rate
-
5.95
%
p.a.
to18.99 % p.a.
- comparison rate
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
$0.00
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$75,000.00
- Minimum loan term
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1 Year
- Maximum loan term
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7 Years
- Security required
-
Unsecured
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Rate for Exceptional Credit. Upfront fee varies from 0% to 6% of the loan amount and is based on your OurMoneyMarket loan grade. The fee is added to the principal amount and paid over the loan term.
- Other benefits
-
Loan amounts up to $100,000 are available for vehicle purchase or home improvement purposes.
Read reviews and learn more about OurMoneyMarket personal loans
Go to site
-

Unsecured Personal Loan
- Fixed
Go to site- Interest rate from
-
5.76
%
p.a.
to24.03 % p.a.
- Comparison rate from
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$606
Fast, easy and 100% online, this is a low cost loan with no ongoing fees or extra repayment penalties. It's perfect for savvy borrowers with great credit. If you’re over 18 and earn above $30,000, you could qualify (other eligibility criteria may apply).
- Interest rate
-
5.76
%
p.a.
to24.03 % p.a.
- comparison rate
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$575
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
$0.00
- Minimum loan amount
-
$2,000.00
- Maximum loan amount
-
$100,000.00
- Minimum loan term
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3 Years
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Establishment fee is added to the loan amount and interest is charged on the total amount.
- Other benefits
-
Establishment fee is $0 for customers that qualify for the lowest rate, and up to $575 for everyone else.
Read reviews and learn more about Harmoney personal loans
Go to site -

Debt Consolidation Loan
Go to site- Interest rate from
-
5.76
%
p.a.
to24.03 % p.a.
- Comparison rate from
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$606
Roll multiple debts into one loan to streamline your finances with one set of repayments and one interest rate. Competitive fixed interest rates with no monthly or early repayment fees and flexible repayment options. Easy online application and funding in as little as 24 hours (subject to approval).
- Interest rate
-
5.76
%
p.a.
to24.03 % p.a.
- comparison rate
-
5.76
%
p.a.
to24.98 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$575
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
0
- Minimum loan amount
-
$2,000.00
- Maximum loan amount
-
$100,000.00
- Minimum loan term
-
3 Years
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
-
- Other benefits
-
Establishment fee is $0 for customers that qualify for the lowest rate, and up to $575 for everyone else.
-

Unsecured Personal Loan
- Fixed
Go to site- Interest rate from
-
5.95
%
p.a.
to26.95 % p.a.
- Comparison rate from
-
5.95
%
p.a.
to26.95 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$608
Borrow up to $50,000 unsecured. Perfect if you earn more than $22,100 p.a. and have good to excellent credit. Multi-year winner of Mozo’s Experts Choice Unsecured Personal Loan Award, 2021, 2022, 2023, 2024 & 2025^'
- Interest rate
-
5.95
%
p.a.
to26.95 % p.a.
- comparison rate
-
5.95
%
p.a.
to26.95 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
0
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$50,000.00
- Minimum loan term
-
2 Years
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Weekly, Fortnightly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Rates based on borrower with excellent credit score. Maximum 3 year term for loan amounts $8,000 or less.
- Other benefits
-
-
Read reviews and learn more about NOW Finance personal loans
Go to site -

Low Rate Personal Loan
- Exceptional Credit, $5,000 - $75,000, or up to $100,000 for eligible purposes
Go to site- Interest rate from
-
5.95
%
p.a.
to18.99 % p.a.
- Comparison rate from
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$608
Competitive low rates for borrowers with exceptional credit on 1-7 year loans from $5,000 up to $75,000 (or up to $100K for home improvements or car loans); no monthly account keeping fees, no exit fees and no early repayment fees. Winner of Mozo's Experts Choice Excellent Credit Unsecured Personal Loan 2024 and Excellent Credit Secured Personal Loan 2024 awards ^. Min. income of 25k after tax, to apply.
- Interest rate
-
5.95
%
p.a.
to18.99 % p.a.
- comparison rate
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
$0.00
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$75,000.00
- Minimum loan term
-
1 Year
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Rate for Exceptional Credit. Upfront fee varies from 0% to 6% of the loan amount and is based on your OurMoneyMarket loan grade. The fee is added to the principal amount and paid over the loan term.
- Other benefits
-
Loan amounts up to $100,000 are available for vehicle purchase or home improvement purposes.
Read reviews and learn more about OurMoneyMarket personal loans
Go to site -

Secured Personal Loan
- Exceptional Credit, $5,000-$75,000 or up to $100,000 for eligible purposes
Go to site- Interest rate from
-
5.95
%
p.a.
to18.99 % p.a.
- Comparison rate from
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$608
Get a secured personal loan with competitive low rates for borrowers with exceptional credit. A simple fixed interest rate that can be repaid weekly, fortnightly or monthly, over 1 to 7 years (10 years for Green Loans). Managed entirely online, at any time. No monthly account keeping fees, no exit fees and no early repayment fees. Quick and easy, 100% online application. Establishment fees apply.
- Interest rate
-
5.95
%
p.a.
to18.99 % p.a.
- comparison rate
-
5.95
%
p.a.
to21.78 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
$0.00
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$75,000.00
- Minimum loan term
-
1 Year
- Maximum loan term
-
7 Years
- Security required
-
Vehicle
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
Rate for Exceptional Credit. Upfront fee varies from 0% to 6% of the loan amount and is based on your OurMoneyMarket loan grade. The fee is added to the principal amount and paid over the loan term.
- Other benefits
-
Loan amounts up to $100,000 are available for vehicle purchase or home improvement purposes.
Read reviews and learn more about OurMoneyMarket personal loans
Go to site -

Unsecured Personal Loan
Go to site- Interest rate from
-
6.17
%
p.a.
to21.99 % p.a.
- Comparison rate from
-
6.17
%
p.a.
to22.79 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$610
Competitive fixed rates for borrowers on 1-7 year loans from $5,000 up to $50,000. $0 monthly fees and no early repayment fees to pay. Fast application process on the Revolut app. According to Revolut and subject to loan approval, you'll receive your money into your Revolut account straight away.
- Interest rate
-
6.17
%
p.a.
to21.99 % p.a.
- comparison rate
-
6.17
%
p.a.
to22.79 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$499
- Monthly fee
-
$0.00
- Exit fee
-
$0.00
- Early repayment penalty
-
0
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
$50,000.00
- Minimum loan term
-
1 Year
- Maximum loan term
-
7 Years
- Security required
-
Unsecured
- Repayment options
-
Monthly
- Extra repayments allowed
-
yes
- Redraw allowed
-
no
- Other restrictions
-
-
- Other benefits
-
For 6 and 7 year loan terms, rates are available from Revolut on request. Establishment fees range from $0-$499, are quoted on application and added to the loan amount.
Read reviews and learn more about Revolut personal loans
Go to site -

Personal Loan
- Fixed
Go to site- Interest rate from
-
8.99
%
p.a.
to29.39 % p.a.
- Comparison rate from
-
10.11
%
p.a.
to30.29 % p.a.Based on $30,000 over 5 years
- Monthly repayment
-
$636
A Latitude Personal Loan offers flexibility and control for your major purchases, debt consolidation, or renovation plans. Get a personalised rate in two minutes without impacting your credit score. You'll enjoy a fixed rate, a repayment schedule that suits your budget. Plus, for Mozo customers, the $395 establishment fee is permanently waived. Latitude offers borrowing options from $5,000 over terms of 2 to 7 years. Repayments can be weekly, fortnightly, or monthly.
- Interest rate
-
8.99
%
p.a.
to29.39 % p.a.
- comparison rate
-
10.11
%
p.a.
to30.29 % p.a.Based on $30,000 over 5 years
- Upfront fees
-
$0
- Monthly fee
-
$16.50
- Exit fee
-
$0.00
- Early repayment penalty
-
$500 up until the last 3 months of the loan term.
- Minimum loan amount
-
$5,000.00
- Maximum loan amount
-
-
- Minimum loan term
-
2 Years
- Maximum loan term
-
7 Years
- Security required
-
Unsecured, Various, Vehicle
- Repayment options
-
Weekly, Fortnightly, Monthly
- Extra repayments allowed
-
no
- Redraw allowed
-
no
- Other restrictions
-
-
- Other benefits
-
$395 Establishment fee waived. T&Cs apply.
Your selected personal loans
What is a wedding loan?
A wedding loan is simply another way to describe a personal loan - except it’s wearing a veil.
Where can I get a wedding loan?
You’ll be able to apply for a wedding loan at most major banks and credit unions. Typically, you’ll need to apply for a regular personal loan, set the loan amount and the repayment term.
What should I look for in a wedding loan?
Weddings can be a pricey businesses, so to keep your savings in check, here are a few features to look for in a personal loan:
Unlimited extra repayments - A wedding only has a lifespan of 24 hours so to keep yourself from being haunted by a repayment schedule, having the ability to make constant extra repayments is a plus.
Zero fees - You’re already going to be coughing up heaps to walk down the aisle, do yourself a favour and avoid a loan with multiple or high admin fees.
The rates - While there is no guarantee on how an fixed or variable rate will perform, you’ll still need to take the time to shop around compare your options. Oh, and if you’d like a little of preview of what your repayment might look like, our repayments calculator can help.
Is there anything I should watch out for in a wedding loan?
The W word - You’ll come to find that even mentioning the word ‘wedding’ causes a spike in price no matter what you’re buying - this also applies to your loan rate. It’s important to always get a second or third opinion to avoid paying more than you need to.
Your credit score - Before you apply for the loan, make sure you’ve got a clean credit file as any spots could result in your application being declined. It’s also a good idea to carefully map out your application and repayment schedule, especially if you’re planning to borrow a bundle.
Save for Swarovski - Once all the pieces start to come together you may find that you’ve become more lenient in terms of budget, after all, it is your day. However, to keep yourself from blowing the bank, it’s a good idea to keep a secret stash of cash for all those unexpected wedding extras.
* WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
^See information about the Mozo Experts Choice Personal Loan Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.




