Get the loan you need in your account by 06:26
Representative example: If you borrow £3,250 over 36 months at a Representative rate of 49.9% APR and an annual interest rate of 41.16% (fixed), you would pay 36 instalments of £158.57. The total charge of credit will be £2,464.57 and the total amount payable will be £5,714.67
It’s possible to find a £1000 loan with good or even bad credit. If you need a £1000 loan quickly, you could use our loan matching system and in minutes see if there’s a lender on our panel who’ll be willing to lend to you.
Generally, to borrow £1,000 you’d need to have some form of income and be able to demonstrate that you’re able to pay back the loan within the agreed-upon time. You’ll need to be 18 or older and you’ll need to be a UK resident living in the UK.
There could be several lenders willing to offer you a loan, the issue is knowing which one to turn to. You may be paying a higher interest rate than necessary by going directly to one of the high-interest lenders you often see advertised on TV.
Applying with some lenders directly could also mean that your credit file is affected by a hard credit search performed by the lender as part of their eligibility checks. This would be fine if it meant that you were approved for the loan but this isn’t always the case and you may have your credit file affected and be rejected.
We have a panel of several lenders with varying criteria for acceptance and using our soft-search quoting system we can recommend a lender from our panel most likely to lend to you based on the information provided.
Loan cost depends on loan terms and APR. Loan term refers to the time you will have to pay back the loan. APR or the annual percentage rate is the fees and rates charged on a loan and quantified as a percentage. Most £1,000 lenders on our panel offer between 3 to 12 months of repayment periods.