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£1000 Loan

Need a £1000 loan? Check if you’re eligible to join Creditspring today!

Check eligibility

Membership fee

£10/month

2 loans per year

£500 | £500

Repay each loan in

6 months

Rep. APR

43.1%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £1,000 over 12 months. The first payment for each advance is £83.35 followed by 5 monthly repayments of £83.33 and 12 monthly membership payments of £10. Rate of interest 0% p.a. (fixed). Representative 43.1% APR. Total amount payable £1,120.

Membership fee

£8/month

2 loans per year

£250 | £250

Repay each loan in

6 months

Rep. APR

77.3%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £500 over 12 months. The first payment for each advance is £41.70 followed by 5 monthly repayments of £41.66 and 12 monthly membership payments of £8. Rate of interest 0% p.a. (fixed). Representative 77.3% APR. Total amount payable £596.

Membership fee

£5/month

2 loans per year

£100 | £200

Repay each loan in

6 months

Rep. APR

87.5%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £300 over 12 months. The first payment for the first advance is £16.70 followed by 5 monthly repayments of £16.66. The first payment for the second advance is £33.35 followed by 5 monthly repayments of £33.33 and 12 monthly membership payments of £5. Rate of interest 0% p.a. (fixed). Representative 87.5% APR. Total amount payable £360.

£1000 Loan

Need a £1000 loan? Check if you’re eligible to join Creditspring today!

Check eligibility

Membership fee

£10/month

2 loans per year

£500 | £500

Repay each loan in

6 months

Rep. APR

43.1%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £1,000 over 12 months. The first payment for each advance is £83.35 followed by 5 monthly repayments of £83.33 and 12 monthly membership payments of £10. Rate of interest 0% p.a. (fixed). Representative 43.1% APR. Total amount payable £1,120.

Membership fee

£8/month

2 loans per year

£250 | £250

Repay each loan in

6 months

Rep. APR

77.3%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £500 over 12 months. The first payment for each advance is £41.70 followed by 5 monthly repayments of £41.66 and 12 monthly membership payments of £8. Rate of interest 0% p.a. (fixed). Representative 77.3% APR. Total amount payable £596.

Membership fee

£5/month

2 loans per year

£100 | £200

Repay each loan in

6 months

Rep. APR

87.5%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £300 over 12 months. The first payment for the first advance is £16.70 followed by 5 monthly repayments of £16.66. The first payment for the second advance is £33.35 followed by 5 monthly repayments of £33.33 and 12 monthly membership payments of £5. Rate of interest 0% p.a. (fixed). Representative 87.5% APR. Total amount payable £360.

When it comes to managing money, short-term £1000 loans can help you pay for an unforeseen expense or a bill you’ve completely forgotten about. Short-term £1000 loans are typically a good option for most borrowers, as they allow you to break up larger expenses into affordable monthly payments. 

This is why Creditspring is the perfect solution.  

A large loan isn’t always an option and might come with higher monthly payments. There are many times when a smaller £1000 loan will be ideal, especially if you don’t want to rely on a credit card. 

With a loan from Creditspring, you can get access to no-interest (APR Rep 43.1%), on-demand loans fast. The application process is easy and you can improve your credit profile at the same time. 

Check your eligibility for a Creditspring membership today and if approved get two on-demand loans per year.  

Our members love Creditspring 💙

What are the repayments like on a £1000 loan?

Your repayments will depend on the loan amount, the loan term, and the rates offered to you. This will differ from one lender to the next, which is why you should always make sure that you can comfortably afford the repayments on the money you want to borrow. 

With a Creditspring Plus membership, you can take out a loan for £1000 (split into two advances of £500) with no-interest, fast and easy. (Rep Apr 43.1%) Once the first advance is paid in full you will then have access to the second advance. In addition to what you borrow, you only pay the £10 fixed monthly membership fee.'  

With a loan from Creditspring, you can pay your loan earlier without penalty. Your monthly repayments will be adjusted to reflect your new remaining balance. 

Apply for a £1000 loan today and enjoy a no-interest, on-demand solution. 

Why choose Creditspring

Here are a few benefits of borrowing small loans of £1000 with Creditspring:

  • Borrow the money you need on-demand

  • No-interest loans 

  • Pay a fixed membership fee

  • Eligibility takes only a few minutes

  • Build your credit history

Representative example: If you take out a loan of £1,000 over 12 months, the first payment for each advance is £83.35 followed by five equal monthly repayments of £83.33 and 12 monthly membership payments of £10. Rate of interest 0% p.a. (fixed). Representative APR 43.1% and total payable: £1,120.

Use our free eligibility checker to see if you’ll be accepted

Can you get a £1000 loan with bad credit?

Yes, you can borrow £1000 with bad credit, although you may not get the loan offers and low rates you’d expect from lenders. A £1000 instant loan may come with higher interest rates from lenders who extend credit to borrowers with bad credit, so carefully consider the costs before taking up a loan offer.

Need a £1000 loan but have bad credit? Join Creditspring and benefit from the Stability Hub

A bad credit score can prevent you from borrowing the money you need, or lead to higher interest rate loans. By joining the Stability Hub you can improve your credit to get access to our loans. 

As a Stability Hub member, you’ll automatically be notified when you are eligible for a loan. You’ll get the tools you need to keep track of your financial health and improve your financial behaviour.

Join Stability Hub today

How to find the right £1000 loan

When comparing loans for £1000 you need to consider the total loan cost, repayment period, and possibly late fees. Short-term loans can typically be expensive, and if you miss any repayments you will be charged additional fees. Finding the right £1000 loan means carefully comparing lenders and choosing loan terms and repayments that you can afford.

With Creditspring you can get no-interest loans with low monthly repayments as you are only paying a monthly membership fee in addition to the amount you borrowed. 

How to apply

Take the first step in applying for a loan by checking your eligibility. Getting a response takes less than 60 seconds and as it’s a soft credit check, it won’t affect your credit score. 

It’s easy to become a member of Creditspring! To get approved, you:

  • Must be a UK resident

  • Must be at least 18 years old

  • Have a minimum income of £20,000 per year

  • Must not have any recent CCJs or been bankrupt

With a Creditspring membership, you can get on-demand access to loans with no interest when you need it most. Read more about our Step (total loan amount £300), Core (total loan amount £500), and Plus (total loan amount £1,000) products here.

Use our free eligibility checker to see if you’ll be accepted.

What is a personal loan?

A personal loan is an instalment loan taken over a period of a few months to a few years, with fixed monthly repayments. Personal loans allow you to pay for larger purchases such as home improvements, tuition, medical expenses, or buying a car. Personal loans offer different rates depending on the lender you choose, and how your affordability is calculated. 

That’s why it’s important to always compare personal loans before you take up any loan offer. 

If you have a good credit score, you may also qualify for better interest rates and terms. And with a £1000 loan (no guarantor) you can get a loan for £1000 without asking a guarantor to co-sign the agreement. 

Need access to no-interest, on-demand personal loans? Get a Creditspring membership today.

What happens if my repayments are late?

When you default on your loan payments your lender will typically add a late fee. Depending on your agreement, a lender may require the return of the full outstanding loan amount, along with interest and fees. It can have a serious impact on your credit score if you miss loan payments.

As with any loan, always make sure you can comfortably afford the loan payments of your £1000 loan. With Creditspring, you don’t have to worry about additional interest payments as you’ll have access to no-interest loans twice a year, on-demand! Take the first step today.