期刊名称：International Journal of Academic Research in Business and Social Sciences
电子版ISSN：2222-6990
出版年度：2019
卷号：9
期号：1
页码：1409-1417
DOI：10.6007/IJARBSS/v9-i1/5895
语种：English
出版社：Human Resource Management Academic Research Society
摘要：Today’s wedding expenses kept increasing and have created difficulties for many parties especially the couple who wants to get married. As an alternative, most couple have obtained loans or financing from banks. There are many studies debating the issue and conclude that this situation has not only resulted in the high rate of indebtedness of the young generation, but also has led to divorces. Therefore, the objective of this study is to identify the main reason as to why bridal couple get loans or financing from the bank, the amount of financing taken, the repayment period and the types of banks offering loans or financing. The questionnaire was used as a research instrument to obtain the required information. A total of 204 respondents were selected through a snow ball sampling technique. The findings of descriptive analysis showed that the main reason couple get a loan or bank funding was because they have no money at all to perform a wedding ceremony. In addition, the repayment periods for the majority of respondents were also longer than 5 years. With that, the study suggested that the couple need to manage their finances well and thoroughly while also becoming creative to generate additional income.
