Wedding Loans
We recognise that planning your special day can be both exciting and financially demanding. That’s why we’re here to provide you with the support you need. With a Mega Cash GO Wedding Loan, you can ease the financial burden and focus on celebrating with your loved ones. Borrow up to $5000 to ensure your dream wedding becomes a reality.
What is a Wedding Loan?
A Wedding Loan is a special type of personal loan designed to help couples finance their wedding. From securing the ideal venue to organising catering and photography, the costs of creating the perfect day can quickly add up. A wedding loan can provide you with the flexibility to cover these expenses upfront, allowing you to curate your ideal day without compromising on quality or experience. With flexible repayment options and competitive interest rates, a Mega Cash GO Wedding Loan allows you to focus on creating lifelong memories rather than worrying about financial stress.
Why apply for a Wedding Loan?
Weddings can be very costly, even for simple ceremonies. Australian weddings, on average, cost close to $40,000. When factoring in other expenses like engagement parties and honeymoons, the total bill often surpasses $50,000. Given these expenses, it’s common for Australian couples to take out a Wedding Loan to help cover the costs.
Here are a few reasons why a wedding loan could be the right choice for you:
- Financial Freedom: A wedding loan offers you the financial freedom to bring your dream wedding to life without the immediate burden of covering all expenses upfront.
- Maintain Savings: By spreading out the cost of your wedding over time with a loan, you can hold onto your savings for unexpected expenses or other important milestones like buying a house or starting a family.
- Avoid Compromises: With a wedding loan, you can create your dream day and invite all your loved ones, free from budget worries.
- Reduce Stress: Planning a wedding can be stressful enough without worrying about finances. A wedding loan provides peace of mind, allowing you to fully enjoy your celebration.
- Unexpected Expenses: A wedding loan provides a safety net for expenses that may arise during the planning process, ensuring you can handle unforeseen costs without compromising the quality of your special day.
What does a Wedding Loan cover?
Whether you’re planning a lavish ceremony or an intimate gathering, our wedding loans give you the freedom to celebrate your love exactly as you envision. Some of the expenses typically covered by a wedding loan include:
- Venue rental
- Catering
- Clothing and accessories
- Hair and makeup
- Photography and videography
- Flowers and decorations
- Entertainment
- Invitations, menu cards, and place cards
- Wedding rings
- Transportation
- Wedding planner and celebrant
- Accommodation
Types of Mega Cash Go Loans:
| Loan Feature | Small Loan | Personal Loan |
|---|---|---|
| Loan Amount | $300 to $2000 | $2050 to $5000 |
| Costs | 20% establishment fee + 4% of loan amount per month | Establishment fee of $400 + 36% p.a interest |
| Loan Terms | 1 to 12 month duration | 2 to 24 month duration |
Don’t hold off on the wedding. Get Started Today
Frequently Asked Questions
View all FAQ'sAm I eligible for a Mega Cash GO Wedding Loan?
If you are over 18, an Australian citizen or permanent resident and receive an income, you may be eligible for a Mega Cash GO Wedding Loan.
We verify all your details to make sure you’re in a position to repay. Our top priority is to ensure that you have a great experience and are able to comfortably repay your loan.
How much can I borrow for a Wedding Loan?
Mega Cash GO offers loan between $300 and $5000! The amount you can borrow will be based on the amount you ask for and your personal circumstances at the time you apply.
Mega Cash GO will perform an identity and credit check with a credit reporting bureau, as well as assess your income and expenses to ensure that the product you choose is right for you.
How much does it cost?
You’ll always see a clear breakdown of all your fees and repayments before you confirm your loan. As a quick reference, though, here’s a general breakdown of fees:
Small Loan: If the principal amount you borrow is between $300 – $2,000 you’ll pay:
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Establishment fee: 20% of the principal amount
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Monthly loan fee: 4% of the principal a month
Medium Loan: If the principal amount you borrow is between $2, 050 – $5,000 you’ll pay:
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Establishment fee: $400 flat rate
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Interest Rate: 36% p/a
What do I need to get started?
Mega Cash GO has tried to make our application process quick and easy! We don’t like paper and boring consultation meetings. We do still need to know some things though…
What you will need to apply:
- Your internet banking details
- Two of the following forms of identification (driver licence, Medicare card or passport number)
- Your BSB and bank account number (so we know where to deposit your money)
- Plus all the usual stuff like your name, DOB, Address, employment information and details on your current expenses.
How do I apply for a wedding loan?
Apply: Apply here and answer some basic questions or download our app and apply.
Link: Link your bank account for instant approvals and cash delivery.
Verify: For security purposes, we’ll request that you verify your ID.
Approval: Your loan application is either approved or Denied. Either way, you’ll know if your loan’s been approved before the end of the day.*
*application must be received before 3:30pm AEST
Cash delivered! Once you’re approved, we’ll send you a direct deposit in minutes.
How quickly will I get my money?
We understand the importance of fast financing, especially while trying to plan a wedding. Our technology enables you to upload all necessary documents directly from your mobile or computer, allowing us to provide you with a speedy response.
Once you’re approved, you’ll receive your funds within 5 minutes of confirming your loan.*
*Loan must be approved by 3:30pm AEST during banking days. Otherwise, the payment will be processed on the next business day. Clearance time is subject to your bank.
WARNING! Do you really need a loan today?
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow:
- For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.
- Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
- If you are on government benefits, ask for an advance from Centrelink: www.humanservices.gov.au/advancepayments
The Government MoneySmart website shows you how small amount loans work and suggests other options that may help you.* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.
Apply and manage your loan in-app today!
