Compare £1,000 loans

These lenders all offer £1000 loan and more. Compare them to find a low APR so you'll pay less in interest.

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How it works

1

Check your eligibility

Answer a few quick questions. This will not impact your credit score.

2

Compare personalised loans

See the exact amount you’ll need to pay each month. No estimates.

3

Apply online

You could get your money within hours. Complete your application on the lender’s website.

See the interest rate you’re eligible for before you apply

With real interest rates you'll see exactly how much you’ll need to pay each month. And which lenders will pre-approve your application before you apply.

15 results found, sorted by lowest representative apr. Find out more about how our calculator works and how we order our comparisons. Commission earned affects the table's sort order.
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£
years
AA Personal Loan Ex/C Member
Loan amount
£1,000 to £25,000
Representative APR
13.9% APR
Loan term
1 year to 7 years
Available to existing customers only.
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 13.9% per annum would result in a representative rate of 13.9% APR, monthly repayments of £33.74 false and a total amount repayable of £1,214.64.
Eligibility
Credit rating acceptedgood
Debt consolidation
Existing customers only
Guarantor requiredfalse
Managed online
Minimum Age21 years
Minimum income£12,000
Online decision
UK Resident
AA Personal Loan
Loan amount
£1,000 to £25,000
Representative APR
14.0% APR
Loan term
1 year to 7 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 14.0% per annum would result in a representative rate of 14.0% APR, monthly repayments of £33.78 false and a total amount repayable of £1,216.08.
Eligibility
Credit rating acceptedgood
Debt consolidation
Guarantor requiredfalse
Managed online
Minimum Age21 years
Minimum income£12,000
Online decision
UK Resident
Post Office Personal Loan
Loan amount
£1,000 to £25,000
Representative APR
14.0% APR
Loan term
1 year to 7 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 14.0% per annum would result in a representative rate of 14.0% APR, monthly repayments of £33.78 false and a total amount repayable of £1,216.08.
Eligibility
Credit rating acceptedgood
Debt consolidation
Guarantor requiredfalse
Managed online
Minimum Age21 years
Minimum income£12,000
Online decision
UK Resident
Zopa Personal Loan
Loan amount
£1,000 to £25,000
Representative APR
15.4% APR
Loan term
1 year to 5 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 15.4% per annum would result in a representative rate of 15.4% APR, monthly repayments of £34.38 false and a total amount repayable of £1,237.68.
Eligibility
Credit rating acceptedgood
Debt consolidation
Flexible rescheduling
Guarantor requiredfalse
Managed online
Minimum Age20 years
Minimum income£12,000
Online decision
Social lending
UK Resident
BetterBorrow Personal Loan
Loan amount
£1,000 to £12,000
Representative APR
24.5% APR
Loan term
1 year to 5 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 24.5% per annum would result in a representative rate of 24.5% APR, monthly repayments of £38.25 false and a total amount repayable of £1,377.00.
Eligibility
Credit rating acceptedgood
Debt consolidation
Guarantor requiredfalse
Managed online
Minimum Age18 years
Minimum income£12,000
Online decision
UK Resident
Royal Bank of Scotland Home Improvements Loan Existing Customer Only
Loan amount
£1,000 to £50,000
Representative APR
24.9% APR
Loan term
2 years to 10 years
Available to existing customers only. You must be a homeowner to apply for this loan.
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 24.9% per annum would result in a representative rate of 24.9% APR, monthly repayments of £38.42 false and a total amount repayable of £1,383.12.
Eligibility
Credit rating acceptedgood
Existing customers only
Flexible rescheduling
Guarantor requiredfalse
Homeowner only
Joint loan
Managed in branch
Managed online
Managed over phone
Minimum Age18 years
Online decision
UK Resident
NatWest Home Improvements Loan Existing Customer Only
Loan amount
£1,000 to £50,000
Representative APR
24.9% APR
Loan term
2 years to 10 years
Available to existing customers only. You must be a homeowner to apply for this loan.
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 24.9% per annum would result in a representative rate of 24.9% APR, monthly repayments of £38.42 false and a total amount repayable of £1,383.12.
Eligibility
Credit rating acceptedgood
Existing customers only
Flexible rescheduling
Guarantor requiredfalse
Homeowner only
Joint loan
Managed in branch
Managed online
Managed over phone
Minimum Age18 years
Online decision
UK Resident
Royal Bank of Scotland Personal Loan Existing Customer Only
Loan amount
£1,000 to £50,000
Representative APR
24.9% APR
Loan term
2 years to 8 years
Available to customers with a Royal Bank of Scotland current account (held for 3+ months), credit card or mortgage (held for 6+ months). Credit card and mortgage customers must apply online or by phone. 3.4% APR available for loans from £7,500 to £19,950.
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 24.9% per annum would result in a representative rate of 24.9% APR, monthly repayments of £38.42 false and a total amount repayable of £1,383.12.
Eligibility
Credit rating acceptedgood
Debt consolidation
Existing customers only
Flexible rescheduling
Guarantor requiredfalse
Joint loan
Managed in branch
Managed online
Managed over phone
Minimum Age18 years
Online decision
UK Resident
NatWest Personal Loan Existing Customer Only
Loan amount
£1,000 to £50,000
Representative APR
24.9% APR
Loan term
2 years to 8 years
Available to customers with a NatWest current account (held for 3+ months), credit card or mortgage (held for 6+ months). Credit card and mortgage customers must apply online or by phone. 3.4% APR available for loans from £7,500 to £19,950.
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 24.9% per annum would result in a representative rate of 24.9% APR, monthly repayments of £38.42 false and a total amount repayable of £1,383.12.
Eligibility
Credit rating acceptedgood
Debt consolidation
Existing customers only
Flexible rescheduling
Guarantor requiredfalse
Joint loan
Managed in branch
Managed online
Managed over phone
Minimum Age18 years
Online decision
UK Resident
LiveLend Reward Loan
Loan amount
£1,000 to £12,000
Representative APR
25.9% APR
Loan term
1 year to 5 years
Representative Example: Assumed borrowing of £1,000 over 36 months at a fixed rate of 25.9% per annum would result in a representative rate of 25.9% APR, monthly repayments of £38.84 false and a total amount repayable of £1,398.24.
Eligibility
Credit rating acceptedgood
Debt consolidation
Guarantor requiredfalse
Managed online
Minimum Age18 years
Minimum income£12,000
Online decision
UK Resident

We are classed as a credit broker for consumer credit, not a lender.

Our services are provided at no cost to you. We may receive a commission from the companies we refer you to, but this does not affect what you will pay for the product you choose.

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Last updated: 23 September, 2020

When is a £1,000 loan useful?

Quick access to a £1,000 loan can be a life saver in a crisis. This could be if your car broke down and you needed to get it fixed quickly. Or an unexpected bill comes up, which you don't have the cash to pay for.

How to get the right £1,000 loan

Follow these three steps:

  1. Decide how long you need to pay back your loan

  2. Compare interest rates to find the cheapest loan

  3. 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.

Here is how APR works

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.

Here is how to apply for a loan

How to apply for a £1,000 loan

Before you apply for a loan, make sure you compare loans to find the best deal for your needs. It's also important that you are ware of the terms of the loan, i.e. how much you’ll pay back, the APR and the commitment you’re making.

It might be worth using a loan repayment calculator to find out whether or not you'll be able to afford to repay the loan. Once you've chosen the deal and lender that you like, you can proceed to the simple and easy application form.

In your application, you’ll typically need to provide:

  • Full name

  • Contact details

  • Address history for the past three years

  • Income and outgoings

  • Other debts that you may have

Can you get a £1,000 loan with bad credit

If you have a bad credit history, it is still possible get a £1,000 loan, but you'll likely have to pay a higher interest rate as you'll be considered to be a higher risk

£1,000 loan FAQs

Yes, you could look at using a credit card or an overdraft to borrow this amount of money. Here's how to choose.

It stands for annual percentage rate, and is the interest you pay on the total value of your loan. The lower your APR, the lower your monthly payments.

This depends on the interest rate and how long you take to pay back the loan. You can use our loan calculator to check what your payments could be.

Yes, lenders will check your credit record when you apply for a loan. If you are worried about bad credit here's how to overcome it and find a loan.

Yes, most lenders can give you a loan quote within minutes, but full approval and the actual lending normally take a few days.

About our loans comparison

Our comparison tables include providers we have commercial arrangements with. The number of listings in our tables can vary depending on the terms of those arrangements, as well as other market developments. They are all from lenders regulated by the Financial Conduct Authority. For more information you can also see how our website works.

We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more about how our website works.

You do not pay any extra and the deal you get is not affected.