price of the item.
2. Service providers, like musicians, photographers, videographers, DJ's, etc., only have limited dates they can work each year. If you back out for one reason or another, odds are they will not be able to book another client...and they would be out the income for that date. By having you pay up front they guarantee no wasted dates.
3. Many wedding items have long lead time items. For example, some wedding dresses can take months from order to receipt. If the store does not collect ahead of time, they in effect are giving you a loan...sometimes months long...where their money is tied up in a dress. The already high price of wedding gowns would get much higher if shops had to finance each order for you.
4. Credit is expensive. If everyone in the wedding industry was to grant unlimited credit to all couples, the already high price of a wedding would get much, much, higher. Face it, not everyone is credit worthy, people would default, and those costs would be passed onto all of us.
2. Home equity loans....with so many couples getting married later in life, a home equity loan can be a great option. Low interest and tax deductions, makes this attractive option.
3. Personal loans...if you are credit worthy this is a great way to go.
4. Family loans...maybe mom and dad can't afford to outright pay for the wedding, but they might be willing to lend you the money.
Bottom line is the wedding industry revolves around cash...and the best way for you to stay in control is to have a strict budget.