Follow these three steps:
Decide how long you need to pay back your loan
Compare interest rates to find the cheapest loan
Check you meet all the lender's requirements before you apply
Once you have chosen a loan you need to apply by completing an application form, here is how to apply.
Choose the right loan term
Most £1,000 loans can last for between one and five years, but some lenders will let you borrow for longer than this.
A longer loan term makes your monthly payments smaller but also makes the loan more expensive.
Choosing the shortest loan term you can afford the monthly payments for should save you money.
Use our loan calculator to estimate how much your payments would be over different loan terms, and choose the shortest repayment period you can afford.
Get the best rate
Once you know how long you need to pay back your loan you can start comparing interest rates to find the cheapest £1,000 loan.
Use this comparison to look for the lowest representative APR (annual percentage rate). This is the interest rate that all lenders advertise and must give to at least 51% of borrowers.
All the lenders listed in this comparison are regulated and offer £1,000 loans.
Check the terms and conditions
All lenders set a list of criteria you have to meet to get a loan so check for these before you apply.
Lots of lenders now offer a soft search quote option as well, which lets you check if you will be accepted and the cost of the loan before you submit a full application.