Get a $1,000 loan

Not all lenders offer $1,000 loans, but there are a handful of options for all credit types — even if you have no credit score at all. We compared over 260 personal loan providers, payday lenders and connection services to help you find the right $1,000 loan for your needs.

Compare $1,000 loans for bad credit or no credit

These personal and installment loan providers offer $1,000 loans to people with credit scores below 580. With Stilt and Boro, you don’t need a credit score to qualify — even if have no credit profile. But watch out for high interest rates on installment loans, which can top 300% in some cases.

Provider	Requirements	Best for	Finder rating
Net Credit	Varies depending on your state of residence. Depending on your state of residence, your personal loan might not be offered by NetCredit but through its partner lender, Republic Bank & Trust Company, Member FDIC.	Credit scores under 550	★★★★★	Go to site
Monevo	Credit score of 450+, legal US resident and ages 18+.	Comparing personal loans	★★★★★	Go to site
Boro	College student or recent graduate, live in an eligible state, 18+ years old	College students with no cosigner	Not yet rated	Go to site
Stilt	Be employed, have a US bank account, live in a state where Stilt operates, hold one of the following visas: F-1 and OPT, H-1B, H4, O-1, L-1, TN, J-1, DACA or be a US citizen.	Nonresidents and recent immigrants	★★★★★	Go to site
LoansUnder36	Steady source of income, verifiable bank account, US citizen or permanent resident and at least 18 years old	Finding a loan with an interest rate under 36%	★★★★★	Go to site
Opploans	Direct deposit, meet minimum income requirements, live in eligible state	Installment loans that can improve your credit	★★★★★	Go to site
Fast5Kloans	Regular source of income, verifiable bank account, US citizen, ages 18+	Comparing payday and installment loans	Not yet rated	Go to site
MoneyLion	Must be a MoneyLion Plus member, have a job that pays with direct deposit, a checking account with a positive balance, a verifiable identity, proof of ability to repay and live in an eligible state.	Repeat borrowers	Not yet rated	Read more

Compare $1,000 loans for good and fair credit

These providers offer $1,000 loans to people with credit scores above 580. Generally, the higher your credit score, the lower the rate you’ll qualify for.

Provider	Min. credit score	APR	Finder rating
Upstart	600	7.68% to 35.99%	★★★★★	Go to site
Upgrade	600	6.94% to 35.97%	★★★★★	Go to site
LendingClub	640	8.05% to 35.89%	★★★★★	Go to site
Credible	580	2.49% to 35.99%	★★★★★
Fiona	670	4.99% to 35.99%	★★★★★	Go to site
PNC Bank	Not stated	Starting from 7.24%	★★★★★	Read more
Laurel Road	680	7.50% to 24.75%	★★★★★	Read more

Can I get a loan for $1,000?

Whether you can get a loan for $1,000 depends on if you meet the lender’s requirements. There are options for $1,000 loans for borrowers with all credit types. But in most cases, you can have trouble qualifying if you are under 18, don’t have a steady source of income or aren’t a US citizen or permanent resident.

There are some exceptions, however. Boro installment loans are available to college students who don’t have a job or credit history. And both Boro and Stilt both offer financing to nonresidents in the US on an eligible visa.

How to get a $1,000 loan

1. Make sure you’re eligible. Lenders look at factors like where you live and your income when you apply for a loan.
2. Compare lenders. Use the table below to find a lender that offers $1,000 loans you can qualify for.
3. Apply. Found a lender you like? Click the Go to Site button on our table to get started on the application.
4. Review your offer. Lenders will contact you within a few minutes with an offer if you’re approved. Read it carefully before signing anything.
5. Get your $1,000. You can usually get your money deposited into your account as soon as one business day.

How much will it cost?

How much your loan costs depends on the APR and the loan term.

Installment loans might work with bad credit borrowers, but they’re expensive. It’s common for rates to top 100%and usually you have between three and 12 months to repay an an installment loan. A shorter loan term might give you higher monthly repayments but it’ll help you save on interest.

Use our calculator below to figure out how much a $1,000 loan will cost you.

Where can I borrow $1,000 with bad credit?

If your credit score is below 580, you have the following options.

• Personal loan providers. You can borrow $1,000 from lenders that specialize in bad credit. With rates capped at 36% APR and repayments spread over two to seven years, this is the least-expensive option.
• Credit unions. Some federal credit unions offer payday alternative loans as high as $1,000. Rates are capped at 28% with terms of one to six months. But you typically have to become a member and it can take at least a few days to get your funds.
• Installment loan providers. Installment loans are easier to qualify for than a personal loan and in some cases can be a faster option. But usually only have 3 to 18 months to repay the loan and the high interest rates and fees often result in APRs over 300%.
• Title loan providers. These lenders use your car as collateral to help you qualify for a lower rate than an installment loan — though rates are still in the triple-digits. They often require an in-person application, but you can get funded in as little as 30 minutes.

Can I get a $1,000 loan with no credit check?

You can get a $1,000 personal loan with no credit check with lenders like Stilt or Boro. Some installment loan providers also offer no credit check loans. But these tend to be more expensive than financing from a lender that checks your credit score. Most bad credit personal loan and installment loan providers will consider you for a loan even if you have a few bad credit listings on your file.

Check the eligibility criteria listed for both bad credit and no credit check lenders and see which one best meets your needs.

Compare lenders that don’t check your credit

How to compare $1,000 loans

How you compare your options largely depends on whether you’re applying for a payday loan or a standard $1,000 loan. Below, we’ve broken down what you need to know.

• Am I eligible? Don’t waste your time applying for a loan you can’t qualify for. Check your eligibility first.
• What is the APR? Installment loans are generally expensive, but some providers offer more competitive APRs than others.
• What is the term of the loan? Try to find the shortest term that you can comfortably afford to save on interest.
• What are the fees? While fees are included in the APR, it’s good to be aware of the charges you might have to pay upfront.
• What’s the lender’s reputation? See what other borrowers have to say by reading reviews on sites like Trustpilot and the Better Business Bureau.

How do you know if a lender is legit?

Compare short-term loans

How to increase your chances of approval

While there is no definite way to make sure a lender approves your application, it could help your application to keep the following in mind:

• Establish eligibility criteria. On each finder.com loan review page, you’ll find a list of eligibility criteria you need to meet in order to be approved for the loan. Take some time to go through these before applying. If you have doubts about any part, you can always call the lender.
• Go through your credit report. It’s a good idea to get a free copy of your credit report online before you apply. Understanding of your credit history will put you in a better position to know what loans you can and can’t apply for.
• Limit your applications. Every time you apply for a loan, it counts as an inquiry on your credit report. Submitting too many applications can negatively affect your credit score. If you want to compare your options without going through the hassle of applying to multiple lenders, try a lender-matching service instead.

Must read: Factoring in your repayments

It’s important that you have a fair idea of what your repayments will look like before you apply for your $1,000 loan. Once you know how much you have to repay, take into account your existing salary and expenses and then determine if you can afford to make the repayments. You can use a loan calculator to find out how much you might have to repay weekly, biweekly, or monthly.

Compare short-term loans

What to avoid

When you look for a $1,000 loan, bear in mind that it can come with associated risks:

• Avoid taking on more debt than you can handle and exercise caution throughout the loan process.
• A short repayment period and high fees translate into high repayments.
• You can avoid high interest rates by comparing multiple lenders. Remember to consider all costs, including financing fees if applicable.

Compare more lenders that offer $1,000 loans

Check the websites of any providers you’re interested in to confirm they operate in your state of residence.

What type of loan are you looking for?

Fixed Term		Fixed Amount
7 days		$1,000
30 days		$1,500
2 months		$2,000
3 months		$3,000
5 months		$4,000
6 months		$5,000
12 months		$10,000
24 months		Compare more

Frequently asked questions

Answers to common questions about getting and repaying a loan of this size.

What is the easiest loan to get approved for?

Generally, title loan and installment loan providers have higher approval rates than personal loan providers. But they’re not necessarily the best choice. There are personal loan providers

Do I need to fax documents in order to apply?

Most short term lenders operate solely online and have dedicated loan approval systems that make it easy for you to apply. This means not many lenders require you to fax any forms to them – your finances and identity are usually verified online.

How do I make a repayment?

Most lenders will direct debit the specified loan amount on the repayment due date. This direct debit will be from your selected bank account.

What are the interest rates and fees charged on my loan?

Fees vary by lender and depend on factors such as the amount you borrow and your pay back duration. There are additional fees for late payments and if you default. It’s important to make sure you can pay the loan back on time.

I’m having trouble repaying my loan – what do I do?

It’s important to get in contact with your lender as soon as possible before the loan repayment is due. If you do this, you may be able to avoid late payment fees. Many lenders will be able to reschedule payments. In any situation, speaking to your lender is a good place to start.