About 1/4 of couples get a loan to help pay for their wedding
Based on current survey results, 26% of couples get a loan to help pay for their wedding.
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This is an interesting statistic that may be affected by the current economic climate. We would love to see how this stat evolves over the next few months. Statistics on loan amounts and if taking on debt to pay for a wedding tends to increase or decrease the amount spent on the wedding would be very useful to our wedding planning certification students.
# Posted By The Wedding Planning Institute
| 6/24/08 3:46 PM
Why would'nt you measure Destination Weddings under "type of wedding planned"?
# Posted By J
| 7/9/08 11:42 PM
We do. We don't have enough data yet to provide back to the community.
# Posted By Shane McMurray
| 7/11/08 1:54 AM
My company has a record number of credit card charges for 2008. So many...that we found a new processor with better rates. Last year, around 50% of sales involved a credit card. This year, 95% of every payment is a credit card.
# Posted By David J. Savoia
| 8/6/08 9:27 PM
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