Are you determined that you are going to tie the knot with your fiancée forever? Then you do not need to worry about the finance, SwanLuv will fund you.
Geekwire reported that SwanLuv is welcoming soon-to-be-wed couples who want to say “yes I do” forever to him or her.
How does it work?
The company will make its own assessment on your bond when you will fill up its forms and will give you a loan of up to $10,000 to spend in your wedding. If the couple stays together forever, they do not have to pay a single cent, but the red signal is if the couple gets a divorce they have to pay the money back with interest. Depending on how it goes it will either be a beautiful melody or a jarring noise.
To quickly assess applicant risks, and to determine the funding offer SwanLuv is using the Seattle- based company that mines data and algorithm software, and then it will set the interest rate based on how strong the relation is.
Though it will get the profit when the divorce will occur but on the other hand, it will also offer free marriage counseling, so in a way it is rooting for a successful relationship. It is a good sign for future couples. It still has 65 days to go for its official launch and hopes the first payment will kick off in February.
If you think that you are ready to make a promise for your future wife or husband to stay together forever, then you can get ready to say “yes I do.”