Post # 1
I am 8 days away from my wedding and due to job cutting back hours we are $2600 short. The guy at the venue said he needs his money or else we will not be able to have the ceremony/ reception.
I am at a loss! We have paid about $6,000 already. We cannot cut back anything else at this point.
I do not know what to do!
I am going crazy, We have no family who will lend me money or help out somehow.
What to do? Do I cancel? Pawn as much of my jewlery as I can? We have no credit cards either.
Post # 3
@anonymous-1: If you guys have no other credit card debt, I would see about getting a small personal loan to pay the rest. That way, you can pay it, but you can also help better your credit score, and the payments would be pretty manageable
Post # 4
can your parents or grandparents loan you the money?
Post # 5
Wow…. I would try anything to NOT have to cancel – Sell items? Pawn stuff? Althought, that’s a lot of money to come up with… Keep us updated!
Post # 6
This is an awful situation. Sorry to hear.
I would suggest maybe trying to apply for credit cards or a line of credit. Or withdrawl from your RSP’s or RRSP’s.
Also maybe talk to other vendors and see if you can cut back in places like flowers, or decor. Or see if some of them will work with you on payment plan after the wedding.
Something that might sound very tacky but, if the guy can wait till the end of the night maybe take 10-15 min after supper and open your cards and see how much money you have recieved from guests. ( or if you have very good relations with some guests, maybe ask to have your gift in advance if you know your getting money)
Another option might be payday loans
And lastly like you mentioned maybe trying pawning some stuff.
If you have already put this much money in it would be a waste to lose it, plus there would be no time to book another venue.
Post # 7
Where can we get a personal loan? You mean online like a payday loan? Thank you so much for the advice I am so distraught.
No we have no family willign to help out they are all “broke” or so they say, its just us
Post # 8
So sorry to hear!! =(
Do you have bad credit? Go to a bank and see someone about getting a personal loan. Can you think of any friends who might be willing to help??
@captianflamingo: I agree. If you must, open envelopes in a separate room (where the guest can’t see) and see if you can come up with the money.
Can you draft a promesory note with a lawyer, promising that you will pay back the venue or any vendors who might be ok with getting paid a little bit late? Get it notarized and in writing so they know you’re not trying to swindle them?
Post # 9
Post # 10
Oh yikes. This is the last thing I would want to be worried about so close to the date. And I would hate to be flipping through my cards trying to make thousands out of twenty dollar bills.
I’m in agreement, find out from a bank or credit union if you can have a small line of credit. It’s really not *THAT* much money, but it is when you don’t have it.
Additionally if that doesn’t work, I would pawn jewelry, cut back on other vendors, plead with them to allow you to pay half before the wedding and half the week after, etc.
In a last ditch emergency situation, I would contact that commercial that comes on TV and says they will loan you up to $5,000 with just proof of a checking account. Apparently, the interest is sky-high but you are in a bit of a disaster here.
Hope that helps?!
Post # 11
Counting on gift money is risky and may not be a possibility anyway. I know atleast for our venue, everything had to be paid in full before the event even started. We had to settle a small bill for any overages that we accrued at the end of the night (it was $7! Lol) but everything else was paid up front. Even if you were able to wait until after your event, banking on gift money is risky. We received mostly monetary gifts for our wedding but not a ton of cash. Probably 90% of our monetary gifts were in check form. Checks aren’t going to solve your problem unless you’re able to write a personal check to your venue, deposit your gifts as soon as possible and hope that everything clears in time.
Honestly, if it were me I’d try to get a small loan first (even payday if you have to, though I’m always a bit sketched out by those). If you can’t qualify or get the funds in time, start selling your stuff. TV’s, computers, whatever you have to. Cancelling your wedding 8 days out and forfeiting all of the money you’ve already paid would be horrible and humiliating.
Post # 12
- Wedding: June 2012 - Pippin Hill Farm & Vineyards
Go to the bank before you go to any of those pay day loan companies. In fact, do EVERYTHING in your power to find money before going to those pay day loan companies. The interest rates are pretty darn close to usury.
Post # 13
What an awful situation – I agree with @Mink – do not go to a payday loan advance company. Its almost a scam and its so not worth it. Go to a bank first (try local banks and credit unions) and at last resort try opening a credit card?? Best of luck to you!
Post # 15
A payday loan would be a nightmare. But, not coming up with the money is no picnic either!
This is going to sound nuts, but seriously..I would sell my car if it came down to it. This would just be more than I could handle.
Post # 16
@anonymous-1: hi month twin! sorry your going through this but you are not alone. we went through the same thing… we got hit with a huge gratuity and tax bill (alomst $3000) and we still owed $4000…so we ended up doing an installment loan. like a pay day loan it has a high interest rate and comes directly out of your bank account…but unlike pay day loan, your can take out up too $2500. my FI and i both did $2500..so that was $5000 plus we are getting $2000 from FMIL and and the rest we can come up with. after the wedding we are confident we will be able to pay it off sooner weather than later.
also look at credit unions….they are more likely to give you a loan than banks.
PM if you need anything…praying for you.