£1,000 Loans - Borrow 1000 pound loan now

Loans from 3 months to 24 months

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Representative 97% APR (fixed)

Representative example: Borrow £1000 for 24 months at 24 equal instalments of £77.48. Total amount to repay £1,859.52. Interest £859.52. Annual interest rate 70% (fixed). APR rates range from 45.3% APR. to 1575% Max APR. Your APR rate will be based on your circumstances.

We are not a lender but a licensed credit broker in the UK

If you feel as though payday is a long way off and you’ve got unexpected or emergency payments to make, you could consider applying for a short-term 1000 pound loan. A short-term loan is just that, short-term. It’s usually paid back between three and 24 months, and it’s specifically designed for use in emergency situations only.

Before applying for a 1000 pound loan, you should approach family and friends to see if they have the cash you need, failing that, consider selling unwanted or unused items around your house to make up the cash you need. Short-term loans can be expensive, and, if you default on the loan repayments you could seriously damage your credit score.

Top Tip: Remember to exhausting all other financial avenues before applying for a 1000 pound loan. Need some cash-making inspiration? Here at 10 Easy Ways to Make Cash Fast.

What is a £1000 loan?

It’s pretty much what it sounds like, it’s a short-term loan for £1000. After you borrow the loan, the lender will expect repayments in the form of a lump sum or through monthly instalments until the loan amount plus interest is repaid in full.

These short-term loans are specifically designed to cover you financially in emergency situations. And because borrowers need the cash quickly, they’re easy and straightforward to apply for.

What can I use a £1000 loan for?

As we’ve already mentioned, you should only apply for a 1000 pound loan to cover emergency or unexpected circumstances. Let’s say your fridge leaks, your boiler breaks down, or your car needs work done to it and you have to pay someone to fix it, you could use your 1000 pound loan for those instances. What it shouldn’t be used for is non-essential purposes such as a spa day or a night out.

Don’t rush into applying for a 1000 pound loan, you could get yourself into financial trouble if you can’t afford to repay it, or you default on a loan repayment. If you’re struggling to manage your debt or just want some free advice, you can visit the Money Advice Service for free, impartial money advice.

Am I eligible to borrow £1000?

Yes, you could be eligible to borrow £1000. Before you apply for your loan, check to see if you meet the following direct lender criteria:

  • You’re over 18
  • You’re a UK resident with a permanent address
  • You’re employed and have a regular income
  • Have a UK bank account with a debit card
  • Your wages are paid into your UK bank account
  • You are NOT currently bankrupt

£1000 Loan FAQs

How do I get a £1000 loan direct from a lender?

Applying directly through a lender is easy, simply find a lender you like the look of and applying using their online application process. Or, you could use a free broker, like us. We do all the hard work for you and match you with a suitable lender, our decisions are instant, so what are you waiting for?

Remember: ThisLender, and the lenders on our panel, are authorised and regulated by the Financial Conduct Authority (FCA). To check if a Lender is regulated, you can search Financial Services Register at any time.

Am I guaranteed a 1000 pound loan?

No. No one is guaranteed to be accepted for any loan, even if you apply. To be in with a good chance of being accepted, you must check to see if you meet the direct lender’s criteria above. The lender will also check your current circumstances before accepting your application.

Can I apply for a £1000 loan with bad credit?

Yes, you can apply and get accepted for a £1000 loan even if you have bad credit. We work alongside lenders willing to consider applications from people with a variety of credit scores, where they offer a selection of bad credit loans, including guarantor loans.

You can increase the chance of your application getting accepted by improving your credit score with this tips from Experian.

Can I get a £1000 loan with no credit checks?

No, it is not possible to get a £1000 loan without having a credit check. All of our UK direct lenders require a credit check as standard. But, as we said above, just because you’ve got bad credit, doesn’t mean you won’t get accepted for a 1000 pound loan. Credit checks are crucial, they help lenders make the decision of whether to lend to you or not.

Remember: ThisLender will not perform a credit check; lenders will complete a soft search during the application process. If you accept a lender’s loan offer, they will perform a hard credit search.

Do I have to repay the £1000 loan on my next payday?

Not necessarily. Some lender repayment terms and conditions might ask you to repay your loan on your next payday if you can afford to, or one week after you’ve received your loan. But some lenders will allow you to repay your loan over a period of time, usually between three and 24 months. The instalments would be paid regularly on a monthly basis until you have paid back the loan amount plus interest in full. Read your lender’s repayment terms and conditions carefully so you understand when you need to repay the loan.

Remember, you need to make sure there is enough money in your bank account ready for the repayments to be taken.

Can I borrow £1000 loan over 12 months?

Absolutely! You can borrow £1000 loan over 12 months. The lenders on our panel offer flexible loan terms from 3 months up to 24 months to suit your needs.

How to get a £1000 loan?

If you wish to borrow £1000, you will need to complete our simple online application form, which includes personal and affordability information. Once submitted, our loan matching technology will match you to a suitable lender. If approved, you will be automatically redirected to the lender to complete the final part of the loan process.

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Access from £100 to £5000

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Representative 97% APR (fixed)

Representative example: Borrow £1000 for 24 months at 24 equal instalments of £77.48. Total amount to repay £1,859.52. Interest £859.52. Annual interest rate 70% (fixed). APR rates range from 45.3% APR. to 1575% Max APR. Your APR rate will be based on your circumstances.

We are not a lender but a licensed credit broker in the UK

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