Targeted financial products a blessing for newlyweds
By Zheng Yiran | China Daily | Updated: 2018-12-04 07:37
For low and middle-income young couples in China, getting married can cost a considerable sum of money, and so "wedding loans" can be a blessing for them.
The financial products, initially issued by banks and later by e-commerce platforms, offer repayments in installments for couples who plan to get married.
Cao Qiang, chief risk control officer at Gome Finance, said statistics from the past two years show there were on average more than 10 million couples getting married in China every year.
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