One in ten British couples intend to take out a personal loan to pay for their wedding, according to new research.
A study by financial site Fool.co.uk found that despite the current credit crunch Britons were willing to pay for their wedding on credit, with the average wedding costing almost £5,000.
Financial expert Donna Werbner commented: "If you stick all the costs of your wedding on a credit card, you could find your big day is memorable for all the wrong reasons.
"There's no doubt weddings are becoming more expensive, but people seem to lose all sense of proportion when it comes to budgeting."
Instead of using a costly credit card, couples could consider using a comparison site to look for a low-interest loan and find the best deal possible.
The study also revealed that 85 per cent of couples intended to pay for their wedding with savings, while 1.4 per cent of people said they would spend over £30,000 on their big day.
According to Yahoo Finance, couples can cut the cost of getting hitched by setting up a honeymoon fund, cutting down on numbers and hosting the wedding reception at home.
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