When you need to borrow a large sum to cover unexpected expenses, you want to find lenders who can help you quickly. With a £1000 loan from Payday Loans Net, you can choose flexible repayments over a term of 3 – 6 months, and get a decision the same day so you are not left waiting to find out. We can pay out within 24 hours so you can resolve your situation fast, transferring straight into your bank account.

If you want to apply today, please choose the term you want for a 1000 pound loan and click apply now. You’ll need to provide a few personal details with our short term loan application, and once submitted, we’ll work fast to help you resolve an emergency the same day where possible.


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Choose a £1000 Loan Direct Lender


When choosing to apply for a £1000 loan in the UK, you want to find the best lenders that are Financial Conduct Authority (FCA) approved. This means they will work to responsible lending guidelines and ensure that you are treated fairly as a customer, no matter what your credit history shows. There are both brokers and £1000 loan direct lenders available that will be able to offer the funds you need, however both work differently. With a broker, you’ll submit an application and be shown suitable lender options based on your affordability and credit history. They do not lend directly and will instead show you options for you then to look through, before proceeding onto a lender’s website. With a £1000 direct lender loan, you’ll instead already be applying through the lender that can help, saving time and helping you deal directly rather than through a third party first.

Here at Payday Loans Net, we are an FCA authorised direct lender of £1000 loans, so you can apply, get a decision, and receive the cash all through us. We lend directly and will not refer you to a third party to complete your application. This also means there are no broker or referral fees for introducing you to other lenders. There is no fee to apply through Payday Loans Net and all our terms are transparent so you can see approximately how much the £1000 loan will be. When you need money urgently, finding an instant £1000 loan through a direct lender will save time and help you get the cash you need sooner.

How a £1000 Loan for Bad Credit Works


We are happy to welcome applicants with varying credit histories to apply for a £1000 direct lender loan. This is due to us not rejecting applicants just for having a bad credit history, and instead, will take the time to assess all applications. We understand that many people may have a less than perfect credit score and just because of financial mistakes in the past, this doesn’t mean you cannot afford a loan in the present. As we take responsible lending seriously, we will need to perform credit and affordability checks before making any lending decision. As we do not use automated lending systems, we check each application individually and will consider those with a low credit rating, as long as there is a clear ability to afford the loan.

If we cannot determine a £1000 payday loan is affordable for you, and that this would cause financial difficulties, we will have to decline the application. We cannot provide 100% acceptance, so you will need to ensure before applying that a £1000 loan is affordable, and you can maintain the repayments you want without issue. If you can, and we can see this with your application, you could be approved and have the funds available to use quickly.

Comparing a £1000 Payday Loan with Personal Loans


If looking at lending options when the unexpected occurs such as an emergency repair bill, you may consider personal loans as well as payday loans. Both are different products, designed for different situations. With a personal loan, you can borrow for a longer term on amounts between £1000 up to £25,000. However, as the shortest term you can choose is normally 12 months, they are not normally ideal for short term use. Also, they are designed for covering the cost of buying high valued items such as a new car, home improvements or even a dream holiday. With a £1000 payday loan, the terms you choose are typically under a year and are designed to cover emergency expenses only. One thing you would have to consider is the repayment amount, as although spreading the £1000 loan over a longer term will mean smaller repayments, it does mean taking longer to repay the total.

If you want to borrow a £1000 loan for bad credit here at Payday Loans Net, you’ll be able to calculate the approximate costs before going ahead. This way you can compare options and choose the best fit for your situation. Many personal loan products will require applicants to have a good credit rating, so many with the lowest APR rates may be out of reach for some applicants. Through us, we’ll consider those who may not have an excellent credit rating but can afford the repayments needed. We look to help applicants wherever we can with a £1000 loan in the UK designed to help you quickly.


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£1000 Loan FAQs


Is a 1000 Pound Loan in the UK Guaranteed for Bad Credit?

We do not provide guaranteed loan approval, so even if you have a good or excellent credit rating, this doesn’t mean you will be successful. To be able to get the loan you need, you will need to demonstrate you can afford the loan repayments and pass a credit check. Whilst we can help applicants get a £1000 loan for bad credit, we still need to ensure further borrowing will not impact your circumstances further.

Can I Get an Instant £1000 Loan Today?

We work quickly to provide applicants with the funds they need the same day. If you apply within business hours, we can provide a lending decision in minutes of clicking apply now. If approved and you have accepted the terms for the £1000 loan, we will process and transfer the funds to your bank account within a couple of hours. Please note, if applying outside of business hours with our 24/7 loans, this won’t be processed until the following working day, so if you need money the same day, apply between 8am – 5pm for the best chance for this to happen.

Do I Need a Credit Check to Borrow £1000 Loan?

Yes, all applicants need to undergo a credit check during the lending approval process. All responsible lenders will do so to ensure that you are not currently in financial difficulties that would cause an issue with maintaining repayments. If you are concerned about having a credit check due to a low credit rating, as we are able to help those with bad credit, you may still be successful. Performing a credit check is one part of the application process, so we will decide once an assessment of your finances is complete and we can determine repayments are affordable for you.

Can I Choose Flexible Repayments for a £1000 Loan Online?

Yes, by using our loan calculator, you can see how much repayments for a £1000 loan will cost against the term you need. You can then adjust the repayments between 3 – 6 months to suit what you can afford to maintain. If you feel you only need to borrow a lower amount, you can adjust this too and choose between £300 – £1000 instead. It’s always recommended to only borrow what you need rather than the maximum available to you, ensuring the loan stays affordable and that you avoid missing repayments.

Apply for a £1000 Direct Lender Loan Today


Ready to apply for a £1000 loan today? We can provide a fast decision and if you are happy with the terms for a 1000 pound loan, we’ll transfer the approved funds the same day where possible. If you have any questions regarding a short term £1000 loan in the UK, please get in touch with the team.

If you require financial assistance or are experiencing financial difficulties, you should carefully consider if applying for further borrowing is the best option. Please visit Money Helper for impartial financial advice when you need it.

£1000 Loan in the UK


A £1000 loan can be ideal to cover a short term emergency when you have no other suitable options. At Payday Loans Net, we can provide a quick way to receive approval and the cash you need the same day, as long as an application is within our business hours, Sunday to Friday, 8am to 5pm. You’ll need to meet the following eligibility requirements first:

  • Reside in the UK
  • Have a UK bank account
  • Have a steady income

As well as being at least 18 years old, you can click apply now and get a quick decision on a £1000 payday loan today. Whilst we look to help as many people as we can, we cannot provide guaranteed loans, so you will need to demonstrate you can afford the loan amount and terms you choose. We provide loans between £300 – £1000, so if you’d prefer to apply for a lower amount, you can choose this before applying.

Representative example

Total amount of credit: £500
Duration of the agreement: 4 months
Repayment total: £863.24
Interest is fixed at rate of 270.10% per year – 0.8% interest per day | Representative 997% APR
£215.81
Instalment 1
£215.81
Instalment 2 & 3
£215.81
Instalment 4