Families who find themselves facing the unfortunate situation of preparing a funeral for a loved one may be able to use payday loans to cover the rising costs associated with the services.
According to the Hartford Courant, many people have been forced to look for less desirable alternatives than a traditional burial as average costs for a funeral have been on the rise to almost $7,000.
“The economy is directing people to look for less expensive alternatives for everything, including funerals,” Luke DiMaria, owner of Abby Funeral & Cremation Service Inc. in Rocky Hill, Connecticut, told the Courant.
According to InsuranceAgents.com, the costs for some funerals can hover closer to $5,000. However, depending on certain specifications that are unique to most services – such as decisions regarding burial plots, caskets, grave markers, funeral vehicles, and flower arrangements – families can pay up to $9,000 for a complete service.
Rising funeral costs have become a widespread issue that many families are finding themselves forced to deal with during the recent recession. A recent UK poll by the National Association of Funeral Directors found that average funeral costs across the pond had risen 33 percent in the last five years.
