Almost a quarter-million US couples who have had their weddings cancelled during the coronavirus pandemic have been left saddled with average debts of $16,500 as a result.
Lending website Loanry.com published data shows that 225,000 engaged sweethearts had been forced to postpone or call off weddings that they borrowed money to pay for.
“This last year will have been devastating for many couples," Loanry.com founder Ethan Taub said. "Especially for the percentage paying off loans for weddings that haven’t happened."
"However, we can take a positive from this situation. It may have highlighted that an exuberant wedding isn’t always the best option. The occasion will be memorable no matter how much you spend on it."