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Borrow £1000 Online

£750.00

I'd Like to Borrow:

6 Months

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Representative APR

1212%APR

Representative Example: On an assumed loan amount of £750 over 12 months. Rate of interest 292% (fixed). Representative 171%APR. Total repayment amount £1351.20 and total interest is £601.20. 12 monthly payment of £112.60.*

* We do not know how many customers take out a loan or the APR, this calculation is based on the mean APR of the lenders we work with
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If you are looking to borrow £1,000, My Financial Broker can help you find the best rates and lender most likely to accept your application, whatever your credit score. We proudly work with over 100 UK lenders and accept over 2,000 applications per day. You can choose any amount up to £1,000, with the option to repay over a few months or up to 5 years. Simply click on the apply now button or use our calculator to choose how much you like to borrow and how long for. You will receive an instant decision on the screen and if successful, you will receive funds in 1 hour or the same day you apply.

Why Would You Need To Borrow £1,000?

Many people decide to borrow £1,000 to help tide them over in an emergency situation, such as an unexpected bill, a car repair after their vehicle has suddenly broken down or home appliances breaking. A cash loan of up to £1,000 can help cover your pressing bills and keep your bank balance happy. We have multiple loan options available so that you can spread repayment over several months or years, helping your emergencies to clear and giving you time to get back on your feet.

Which Loans Allow You To Borrow £1,000?

My Financial Broker takes pride in the fact that we only work with the most reputable and trustworthy lenders in the sector, to ensure you have the best possible options on offer when looking for a loan. Listed below are some of the main categories of loans you can get through our partnered lenders:

Guarantor loan

Perfect for those who are struggling to get access to a loan due to having a bad credit score. This type of loan allows the applicant to have their loan secured by a nominated guarantor, who will be legally responsible for paying back the loan in the event that the borrower cannot do so. Loan terms range from 1 to 5 years, repaid in monthly instalments.

Payday loan

A short-term loan product ideal for borrowers who simply need access to cash to cover emergency costs until their next payday. Minimum loan terms are usually around 3 months.

Unsecured loan

This allows you to get access to funding without having to secure your assets against the loan itself. It means that should you fail to make repayments, you do not run the risk of losing valuable possessions (e.g. your vehicle or home). You can borrow up to £50,000 depending on your income and credit score, usually over 1 to 5 years, or longer.

Peer-to-peer loan

A matching service, this connect borrowers to those looking to invest in loans and earn profit from the interest charged. Loan terms are usually 1 to 5 years and the rates vary depending on your credit score.

Why Should I Borrow £1,000 With My Financial Broker?

Here are just some of the main reasons why we think you should apply with My Financial Broker: No upfront fees Unlike some brokers in the industry, we do not charge our customers any upfront fees for using our site to browse loans. Any commission we receive is directly from the lender we are partnered with and not from you. Whole of the market broker We are able to search the whole market, meaning that you truly do get the very best loan the market has to offer, as we scour all the most suitable offers available. This also makes it considerably less time-consuming for you, with no need to compare and research individual lenders. We work with direct lenders only and your information will not be passed onto other companies without your permission. A wealth of industry experience The team at My Financial Broker has developed a wealth of knowledge and expertise of the industry, accumulating over 35 years of experience in the sector. Quick and straightforward If your loan application is approved, you can potentially receive your loan in under 1 hour. My Financial Broker and our associated lenders fully appreciate that it is most likely you need to get access to funds as soon as possible, so we always try to aim to get the money across on the same day of approval. No guarantor Unless you opt for a guarantor product, all loans are without a guarantor, so you can apply directly with the lender with no other middlemen.

What Is The Eligibility Criteria For A £1,000 Loan?

The exact criteria in order to be able to apply for a £1,000 loan will be dependent largely on the kind of loan you intend to apply for. For instance, if you decide to choose a guarantor loan, then you will need to make sure you have a guarantor ready who has a good credit score.

Meanwhile, for personal loans, certain lenders may require you to be over a certain age (often 21 or 24 years old) and have a stable level of income over a certain threshold (usually over £15,000 per annum). This is alongside other criteria that will apply for any loan you opt for, as a result, always verify the terms and conditions before sending your application.

How To Apply For A £1,000 Loan Through My Financial Broker?

To apply for a £1,000 loan with My Financial Broker, you can start by filling in our online application form, where we will ask you for a few details including your employment information, expenditure, income, loan amount, address and a few other questions. Once we have this completed form, we will send your application to our trusted lenders and find the best option available for you. If the application is successful, you can potentially receive the funds in as little as 1 hour.

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