A funeral loan is a personal loan, and can be used for almost any funeral-related expense. According to a recent study conducted by the National Funeral Directors Association, the average cost for a funeral is approximately $7,848.* Costs can vary depending on the services you select and the area where you live. Funeral loans can help you cover different aspects of funeral arrangements, such as funeral home services, transportation or travel costs, caskets, urns, gravesite plots and more.3
*“How much does a funeral cost in 2024?”,
USAToday.com. 24 Oct. 2023. Accessed 10 Apr. 2024.