America: Inflation hit such that now marriages are happening on EMI!

Often you must have seen or heard that people take loan for the marriage of someone in the house. This is very common in our country, but now this system has started in America as well. Due to rising inflation in America, normal life has been greatly affected there. In America, marriages are now taking place on EMI. As inflation rises in America, so does debt.

Companies are giving attractive offers, have to pay through EMI

Let us tell you that due to rising inflation in America, couples who want to get married are now getting married on EMI. Companies have already started the facility to provide loans for that purpose. Those companies bear all the expenses from bridal clothes to wedding shoots, from bands to receptions. One way is this wedding loan offer. There are many companies providing this service in the US. After this, the newly married couple has to pay the total wedding expenses from EMI. A survey of 15,000 marriages registered in the wedding planning and registration website found that the average wedding cost is Rs 22 lakh.

people suffering from inflation

The inflation situation in America is such that it is becoming difficult for people to even pay rent. The inflation rate is three times higher than the central bank’s estimate. Experts believe that this situation has arisen due to the relief package given by the US government during the epidemic.

‘Buy now, pay later’ offers for weddings

Companies like AfterPay and Clara are offering ‘Buy Now, Pay Later’ facilities to shop everything from wedding wear to household items. Many companies offer similar offers for similar wedding expenses. These companies have tie-ups with agencies or people who do the work related to the marriage ceremony. This also includes photographers, videographers, hair or makeup artists. Angela Millin, who prepared the couple for the wedding, said arranging for the wedding expenses in installments was a great relief.