You want a £1000 loan? Simply send us an application and if you meet the basic criteria we will be able to put your information in front of a panel of lenders that will be interested to loan you the cash. There are a large number of short term loan options for a £1000 loan and all types of financial situation can be looked at and accepted if the lenders deem appropriate.

As long as you meet the basic criteria of being over 18 and working with a bank account and a UK residence then Financial Conduct Authority authorised lenders will be interested in reviewing your situation.

Can I get accepted for a £1000 loan bad credit?

Yes, you can get a £1000 loan for bad credit. Lenders concern themselves with your current financial status and are less concerned with the odd problem that you may have had in the past. If they believe that you have turned a financial corner and that you now look after your finances well then you will be carefully considered for a £1000 loan. They will also have to be sure that you can afford to pay the loan back. Payday day loans with bad credit are generally high acceptance but rules apply and must be followed for your own personal financial safety. Lenders have a responsibility to ensure that you can comfortably pay back the money lent. It is part of the agreement lenders have with the Financial Conduct authority. If you have been given a loan you cannot afford then it is clearly irresponsible lending. If you would like to understand more about affordability and irresponsible lending a great piece of advice can be found at here.

Should I get a £1000 loan over 12 months?

Yes £1000 loans are often issues as 12 month loans. This is generally an affordable figure and length of time to repay that won’t put people into undue debt they can’t afford. To be considered for a £1000 loan over 12 months you’ll need to be a UK resident that is over 18. You will need to prove income and have a bank account. It’s also handy to have a smart phone so that if you do get any quick loan offers you can review them and accept from your phone which will speed the process for you.

Here’s a look at typical costs and loan repayments you might be offered but should never be taken as a guaranteed payday loan offer or terms. It’s for illustrative purposes only.

Comparing loans for £100 in emergencies with bad credit

Borrow money – how much?

Same Day Loan -length?

(30 Day)Monthly APR example Representative 1266%

Loan total

Monthly repayment

Is this a bad credit loan?

£100 loan

3 months 24% £151.42 £50.47 Yes

£200 loan

3 months 24% £302.83 £100.94 Yes

£500 loan

12 months 12% £968.62 £80.72 Yes

£1000 loan

12 months 12% £1937.24 £161.44 Yes

Will I get money with no guarantor instantly?

It’s possible to get a loan without a guarantor but much relies on your ability to prove repayments and financial status. If you have got good credit history then there’s every chance of getting an instant payday loan decision too. If you have got bad credit then things may take a little longer but don’t give up hope. You still may well be able to borrow money. The best thing to do is submit an application and from here it will be possible to workout the feasibility of the loan. Lenders will react quickly to your application.

Which direct lender offers £1000 loans?

Most direct lenders will offer £1000 loans. Much relies on how your current finances are. Should you be in a solid financial position currently and even coming from a history of poor credit will still leave you in a position where you may be able to get a loan offer. Payday loans from direct lenders can be given to those with excellent and poor credit.

Where is the cheapest way to borrow cash?

If you’re looking for the cheapest and best way to loan £1000 then the simple solution is to send us your details so that we can put them in front of a panel of lenders who will then carefully consider your situation and make a quick decision on financed based on what you provide. Sometimes lenders will need additional information from you in order that they can fully understand your situation. Once you get all offers back it’s time to workout the cheapest payday loan offer you received. Remember though, cheapest might not be the best! So carefully read all details of the offers or decisions to have a full understanding.

What can I do if I’m struggling with debt and worried about payday loans?

Do not let the problem get worse. Seek financial assistance from all of the available charities and government incentives. Money Service Advice offer great information on struggling with debt. This will be a great place to start. Taking out payday loans might not be the solution. In fact, if you are in debt it might be better to avoid payday loans altogether and focus on getting help. rightly point out theres a link between debt and stress. This can adversely effect your health so act today and solve the problem with free help from these organisations.