Jump to Main ContentJump to Primary Navigation
Top

How deep is your love? Couples can now apply for a wedding loan that's only repayable if they divorce

ThinkstockPhotos-493242576.jpg

How deep is your love? Deep enough for a financial gamble?

A new company is now accepting applications from couples in need of cold, hard cash to pay for their weddings, promising to give away up to $10,000 (approximately £6,900) per pair.

Its dewy-eyed vision of encouraging long-term commitment is this: the cash is only repayable in the event of a divorce. With interest.

SwanLuv says all divorce profit goes straight back into the pot to help out more newly betrothed lovebirds confident in their everlasting devotion, and so far, the idea is proving so popular that the company's website crashed shortly after launch earlier this month.

wedding fund company swanluv pay loan

SwanLuv could pay for your wedding. Just don't get divorced, m'kay?

The idea is touted as a simple three-step process – apply online, e-sign the agreement and receive the money. Each couple is evaluated in terms of risk, using – according to the website – “online data and algorithm software technology”.

As of yet, no information about interest rates has been released, and there's no detail on whether the couple are always liable 50/50, or whether the circumstances of the divorce could affect it. One would assume that annulment would also result in the loan being called in.

The company plans to make money from advertising, but insists that “100% of the money collected from members who are later divorced is used to provide funds for future couples' dream weddings. SwanLuv keeps the dream alive.” In other keeping-the-dream-alive moves, SwanLuv says it will provide free marriage counselling for those going through a rough patch.

The website has the tagline “Everlasting marriage deserves to be rewarded” – though of course in this case, the reward is given before the marriage proves ‘deserving’ of it – and to be eligible, couples must be planning a wedding within two years of their application. Currently, it's unclear whether those living outside of the US can apply.

Would you give it a shot?

Images: Thinkstock

Related

Demi Tunni 3.JPG

Britain's most unusual and unique wedding venues

The Observer.JPG

Man proposes on the front cover of national magazine

JP341616_IVORY_JP_PROD10_1489.jpg

Beautiful, affordable wedding dresses: Jenny Packham's new collection

494759138.jpg

“Please let's stop judging women who change their surnames”

10-c-Lawes-Photography-_DSC5173.jpg

The top 10 gothic romantic wedding venues in the UK

backpacker.PNG

How this woman's broken engagement changed her life for the better

ThinkstockPhotos-77737074.jpg

Bride surprises husband with genius secret inscription on wedding ring

masika may photography dudeoir men boudoir4.png

Husband's birthday boudoir photo shoot for his wife goes viral

1_allaboutlight_summer2015.jpg

The best wedding photography of the year

Comments

More

“How Linkin Park’s Chester Bennington gave my generation a voice"

The musician leaves a lasting legacy

by Sarah Biddlecombe
21 Jul 2017

The grossly sexist ads we can’t believe exist in the 21st century

From a Co-op egg to that deeply offensive Protein World poster

by Kayleigh Dray
21 Jul 2017

How your Love Island obsession is wreaking havoc with your health

Experts have genuinely issued a warning…

by Kayleigh Dray
21 Jul 2017

Boots won’t cut morning-after pill price because we can’t be trusted

Cheaper emergency contraception? Unprotected sex party at ours, everyone!

by Amy Swales
21 Jul 2017

Did Japan’s First Lady pretend not to speak English to ignore Trump?

Akie Abe, we salute you.

by Sarah Biddlecombe
21 Jul 2017

This 'Beer For Her' has managed to offend everyone on Twitter

Apparently womankind can only ever drink from pink receptacles

by Megan Murray
21 Jul 2017

This Instagram account is aiming to break the miscarriage taboo

Women are coming together to share their stories of loss

by Megan Murray
21 Jul 2017

Jodie Whittaker’s Doctor Who salary revealed after gender pay gap row

And it may surprise you…

by Kayleigh Dray
21 Jul 2017

Quiz: which famous duo are you and your work wife?

It’s time to find out, once and for all, who you and your work wife really are…

by Kayleigh Dray
20 Jul 2017

You’ve been making your tea wrong this whole time, reveal tea experts

Wait, what?

by Jasmine Andersson
20 Jul 2017