Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.

£1000 loan

If approved, your loan can be sent to you within minutes*

With over 50 direct lenders in our network to compare, we aim to find you the best loan offer available.

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When you search for a loan with us, a soft search will be carried out on your credit file to match you with the most suitable offer. All lenders on our panel are authorised by the FCA and will conduct a hard credit check if you proceed to take out a loan with them.

Representative Example: £400 loan repayable over 39 weeks at £18.96 per week, Rate of interest 113.46% p.a fixed; Representative 498.78% APR, Total amount payable is £739.44.

We're a fully regulated and authorised credit broker and not a lender.

We work with over 50 lenders to help you find the best loan possible.
We never charge you for our service.

£1000 Loan Facts You Need to Know

Are you looking for a 1,000 loan? Whatever you need it for, from a 1000 loan for bad credit to a regular 1000 personal loan, we've got tips and suggestions to help. If you need a 1000 loan with bad credit or you simply want to check and compare 1000 loans to make sure you find the right one, give us a few minutes to lay out some facts. We may be able to help you learn more about a loan, and the money could be with you sooner than you think once you know what to do to apply.

Questions to ask about a 1000 pound loan

Don't put in an application for a 1000 loan over 12 months or any other period until you have considered the following facts and areas. These are some of the most common queries that crop up when people are looking at these financial products, to see which one might suit them. You may have one or two questions already, but we hope the ones we have listed here - together with the answers - assist you in figuring out what's best for you.

Do you need to borrow that sum?

Could you borrow less? Make sure you only borrow what you need to. Your income and outgoings may mean you're better (and wiser) trying to borrow a little less. It's always sensible to crunch some numbers long before you even consider applying. You can save time doing this - and guard against the risk of applying for something you may not be accepted for. Any formal application will be recorded on your credit file.

What repayment periods can you go for?

1000 loans work best when you pay back the cash over short periods. For example, you may go for a 1,000 loan 12 months offer, so you can clear the debt in that many months. Alternatively, a 1000 payday loan means just that - these 1,000 loans are short term, repayable within a month, when you are next paid. In every case, late repayment can cause you serious money problems; for help go to the lender as soon as you can if you run into issues. (Warning - late repayment can affect your credit score.)

We know that it is not always practical to fund larger purchases on a debit card, even though you may want to. The trick is to look for a competitive interest rate and to ensure you consider representative rates for each product.

Which lenders offer the best deal?

There are several points to note when looking at any 1000 loan UK:

  1. Read the loan's terms and conditions
  2. What is the repayment period?
  3. How does the apr stand up against other similar offers?
  4. What are the monthly payments?
  5. What is the total amount payable?
  6. Would you pass the credit check?

All these elements are important to know before you may get a 1000 loaned amount dropping into your bank account, provided you pass that all-important credit check.

Looking for a £1,000 loan?

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How much interest will you pay?

Interest varies between lenders and even between offers from the same lenders. One may offer 1000 at a lower apr than competing lenders. The interest rate will affect your payment per month, so check the repayment terms and make sure you understand them for all loans you look at.

A 1,000 loan is usually among the short term loans you'll find on the market today. The more loan offers you look at (with an apr representative example for each), the more you'll be able to compare interest rates and monthly repayments.

How does the application process work?

Whether you want a 1000 loan fast or you have more time to research lenders, you'll need to complete an application. Every lender requires this. A UK lender will only consider those who apply aged 18 and over and are UK residents. Before you apply, you should check your credit history to make sure there are no mistakes in there. No one has perfect credit, but errors can happen.

If your credit rating has been hit in the past, look at whether you can do anything to improve that credit rating before you apply. If you intend to apply for a 1,000 loan, your credit score will likely be considered when deciding whether to approve you or not.

Do you need a 1000 loan no guarantor?

A guarantor is someone who agrees to pay your loan if you cannot do so for any reason. Some lenders may be more willing to consider individuals for a 1000 loan bad credit UK with a guarantor. However, many people are wary of agreeing to do this.

If you would rather get a 1000 loan bad credit no guarantor agreement, don't apply until you have looked for several representative apr deals. The representative amount for each possible 1000 loan 12 months (for example) allows you to accurately compare them.

Looking for a £1,000 loan?

We can connect you to a lender within minutes even if you have bad credit.

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Looking for a 1000 loan direct lender

Many people believe that going direct to a lender means they may get a better offer. They want to avoid paying commission to a broker acting as a go-between. However, not all brokers charge fees (Loanza doesn't, our service is completely free of charge). And, applying directly with a lender without understanding the likelihood of acceptance may do more harm than good. They will automatically carry out a hard search as part of their application before they say yes or no. Doing this multiple times with different lenders is detrimental to your credit rating. If you go via a broker like Loanza, you can get connected to a lender who is keen to accept your loan request based on your details or a soft search given all your details match up once they do their hard search. Remember, if you decide to go direct, you should still shop around to get a realistic idea of whether you can borrow 1000 or more if you want to borrow a higher sum.

Do you know what a soft search is?

A lender may use this type of search to see what your credit history is like when considering you for loans. Remember that you don't need perfect credit to get loans, although you do need to meet the requirements set down for any loans you're considering. The good news is that these searches aren't visible on your credit file, even though they're still there. That means if you look for loans in future, it won't show that you had these searches in the past - only if there was a hard search for information to consider when assessing possible loans.

That said, 1000 loan poor credit options from direct lenders specialising in such loans could be more accessible than a standard offer from other lenders.

Only go with reputable lenders

You don't have to know the names of the lenders you're looking at when you need to get more cash into your bank account. Fortunately, a little research extends a long way when looking for reputable lending sources.

Every company you consider for short term loans should be authorised and regulated by the Financial Conduct Authority in the UK, not just England and Wales. On the FCA site, you can find the company by reference number or trading name. If the registered office is in the UK (for instance the company limited registered in England) and you find the same trading name easily on the FCA site, you should be safe.

Can you apply for a 1000 loan online?

Yes - even if you want a 1000 pound loan bad credit, you could put in an application online when you're ready. Remember - don't apply until you have researched the various loans available.

We could help you look for a competitive deal from lenders authorised and regulated by the Financial Conduct Authority if you use our service. Give us a few minutes of your time and you could get a rate for anything from 1,000 up to 10000 loan bad credit direct lender options. Our site is simple to use and we specialise in helping people like you get 1,000 and up in loans online.

Looking for a £1,000 loan?

We can connect you to a lender within minutes even if you have bad credit.

Apply Now