Author Topic: Wedding Lender.com  (Read 4770 times)

jprince7827

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Wedding Lender.com
« on: August 08, 2014, 07:18:03 AM »
http://www.weddinglender.com/

I didn't think anybody could be that stupid.

slugline

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Re: Wedding Lender.com
« Reply #1 on: August 08, 2014, 07:35:19 AM »
Yeah, we all kind of saw this coming, didn't we?

It's such a bad idea that I wouldn't even want to be on the lending side of that transaction.

dandarc

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Re: Wedding Lender.com
« Reply #2 on: August 08, 2014, 07:37:29 AM »
So the 'check your rate' button redirects to Lending Club or a company called Trusted Installment Loans depending on your credit score . . . looks like you really could be on the lending side of that equation!

CptCool

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Re: Wedding Lender.com
« Reply #3 on: August 08, 2014, 10:23:37 AM »
Whoever made this site is brilliant. It just redirects to lendingclub with an affiliate ID, so they get paid $ each time someone signs up & even more $$$ when they get funded for a loan.

taekvideo

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Re: Wedding Lender.com
« Reply #4 on: August 08, 2014, 10:37:23 AM »
Whoever made this site is brilliant. It just redirects to lendingclub with an affiliate ID, so they get paid $ each time someone signs up & even more $$$ when they get funded for a loan.

Yeah one of my roommates makes sites like that... he calls them "shopping portals".

socaso

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Re: Wedding Lender.com
« Reply #5 on: August 09, 2014, 02:40:31 PM »
I wonder what the divorce rate is amongst couples who finance their dream weddings.

robotclown

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Re: Wedding Lender.com
« Reply #6 on: August 09, 2014, 03:47:16 PM »
Starting at 6.73%!  I wonder what it goes up to.

puetzk

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Re: Wedding Lender.com
« Reply #7 on: August 09, 2014, 07:13:59 PM »
Starting at 6.73%!  I wonder what it goes up to.

According to the site:
Quote
Apply for a low APR wedding loan with fixed interest rates of just 6.73% to 35.36% and select either a 3 or 5 year repayment period.

yikes! Those rates go well above most states' usury limits, so even on the lending side this seems awfully risky...

socaso

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Re: Wedding Lender.com
« Reply #8 on: August 09, 2014, 07:55:42 PM »
How? What? 35.36%%??? That's the most insane thing I have ever heard.

Jennifer in Ottawa

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Re: Wedding Lender.com
« Reply #9 on: August 09, 2014, 08:20:52 PM »
Lovely.  People can't afford to purchase a ring themselves, but they can somehow afford up to $1197.82 per month on a $35,000 loan at 35.36% over five years.

Self-employed-swami

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Re: Wedding Lender.com
« Reply #10 on: August 10, 2014, 10:09:59 AM »
"Get an engagement ring loan up to $35,000"

:/

greenmimama

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Re: Wedding Lender.com
« Reply #11 on: August 10, 2014, 11:17:15 AM »
The next booming business, people have been borrowing for weddings for many years, it' sad but true.

ioseftavi

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Re: Wedding Lender.com
« Reply #12 on: August 18, 2014, 09:15:33 AM »
As a young couple who are paying for our own wedding in cash, this site makes my stomach churn a bit.  I feel like if you're not a very responsible couple already, this site is a nice way to start f***ing your finances over before you've even purchased a house.  This site just reassures people that financing a wedding is normal, logical, and widely accepted.

Blrgggggggggggggggggggggggggggggggggggggggggggg.

Anatidae V

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Re: Wedding Lender.com
« Reply #13 on: August 18, 2014, 05:13:56 PM »
I got all excited thinking it was some new cheap company who you could borrow all kinds of wedding props from when I saw the title of the thread. Never mind :(

franklin w. dixon

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Re: Wedding Lender.com
« Reply #14 on: August 24, 2014, 10:30:16 PM »
Finally the thing that drove up suicide rates in India has come stateside. Progress! Financial innovation!