This Website Will PAY For Your Wedding. But there's A Catch.

Publish date
Tuesday, 12 Jan 2016, 12:20PM

Weddings are expensive. Really, really expensive. According to the website The Knot, the average wedding costs around $30,000.

Well, they don't necessarily have to cost you heaps now. Enter Swanluv, a startup company that will give you and your fiancé up to $10,000 to put towards your wedding for free.

But there's a catch. Of course there's a catch!

If you get divorced — whether it happens in six months are 50 years — you’ll owe them the money back...plus interest. Imagine dealing with that to pay back whilst going through a divorce.

The website counts on (some) people getting divorced and then uses the money they pay back to fund another couple who wants to get married. One hundred percent of the money made from the divorces will cover someone else’s nuptials (they plan to bring in revenue from advertisers).

The divorce rate has been declining in recent years, according to the New York Times, but co-founder Scott Avy believes the company will be profitable. Avy says, “It comes back to statistics. We’ll have the right odds so we’ll be OK. But they won’t be so crazy that no one wants to do it.”

To sign up, all you have to do is head over to the website to apply online. Once accepted, you’ll e-sign your wedding fund agreement and then receive your funds. They choose who they accept into the program based on “online data and algorithm software technology” that “quickly assess applicant risk to determine funding offers,” according to the website.

The site even offers “free couple’s counseling.”

Iiiiiinteresting...!

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