£1000 Loans

Are you looking for a £1000 loan? You’ve come to the right place!
Apply now for £1000
Borrow £700 for 6 months. 1st monthly repayment of £168.45, 4 monthly repayments of £224.60, last monthly repayment of £112.20. Total repayment £1,179.05. Interest rate p.a. (fixed) 185.39%. All our loans are available for a duration of 3 to 12 month.
Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk
2,367 people
have already borrowed
£1000 loans
from Cashfloat.

Whether you need to borrow money for an emergency expense or car maintenance, Cashfloat can get you the cash you need fast. All you need to do is apply here, and you’ll get an instant decision.

Bad credit accepted if you pass our affordability test
Repay early for free and save money
100% online application, accessible 24/7
Apply now for £1000

Does Cashfloat Offer £1000 loans for bad credit with no guarantor?

Yes! All of Cashfloat’s loans are unsecured, so you can get a £1000 loan with no guarantor even if you have poor credit. Many lenders will ask for a guarantor if you are applying for a £1000 loan with bad credit to lower the risk of lending to you. At Cashfloat, however, we believe in our customers’ creditworthiness, so we’ll never ask you for a guarantor to secure your bad credit loans.

Can I get a £1000 loan with poor credit?

Yes! Cashfloat has a high acceptance rate even for ££000 loans with poor credit. Our underwriting process emphasizes affordability over your credit rating. So if you show us you can afford a loan in your budget, you have a great chance of approval. This is true even if you have a bad credit score. In order to qualify for a 1000 pound loan with bad credit from Cashfloat, you need to be:

  • 18+ years old
  • A UK resident
  • Steady source of income
  • A UK bank account holder

If you meet these basic criteria and you feel that borrowing a £1000 loan bad credit is the right option for you, then fill out our application to get the emergency funds you need today!

Why borrow a 1000 pound loan from a direct lender?

Applications with direct lenders are generally processed quicker than with brokers, which means you’ll probably receive your loan faster. Additionally, when applying with a direct lender you can control who has access to your personal information, whereas a broker often has to send your application to several different lenders. Also, direct lenders such as Cashfloat offer transparent terms and no hidden fees, while a broker will often tack on service fees.

Can I borrow £1000 with no credit check?

Not with Cashfloat or any other responsible lender. As a FCA authorised lender, we take responsibility for your financial situation, and need to confirm that you can afford loan repayments before approving a loan. Taking out a loan you cannot afford will leave your financial situation badly damaged.

58% of people who borrow £1000 loans are Male
60% of people who borrow £1000 loans are Single
Average age for people who borrow a £1000 loan is 35 years old
Most common job fields for people who borrow £1000 loans are Sales, Customer Service and Warehouse
Top 3 cities where people borrow £1000 loans: London, Birmingham and Manchester
People who borrow £1000 loans earn an average of £2,230 a month
FAQ’s

Can I get a £1000 loan at low interest rates with Cashfloat?

Short term loans are always charged at high interest rates. If you’re looking for a cheaper option, have a look at our small personal loans, available in amounts between £1000 and £2500 for 6-9 months at lower interest rates.

Over how many months can I borrow a 1000 pound loan?

With Cashfloat, you can borrow £1000 over 4, 5 or 6 months. As with any loan, each monthly repayment includes some interest on the amount borrowed. A big benefit of borrowing from Cashfloat is that you can repay early for no extra fee, and save on all that interest.

What can you use your £1000 loan for?

How to use your money is, of course, always your decision. However, as a trustworthy and responsible lender, Cashfloat recommends you use your £1000 loan for necessary expenses. This includes things like car repairs, medical bills, or home repairs. It’s important to keep in mind that a 1000 pound loan is an expensive form of credit and requires careful budgeting to stay on top of repayments and out of debt.

How much interest is charged on a £1000 payday loan?

The amount of interest charged depends on the length of time you are borrowing for. For example, a £1000 loan over 4 months, costs £552.50 in total interest, while a £1000 loan over 5 months, costs £622.45 in total interest. For more information on rates and terms click here.