Borrow £1,000 Loans From a Direct Lender

Based on a £1000 loan from The One Stop Money, repaid over 12 months at 272.50% APR:

Total borrowed: £1000.00*

Monthly interest: £158.33

Total interest: £899.96

Total repay: £1,899.96

*Loans are repaid in equal monthly instalments

Our £1,000 loans are unsecured, which means that you do not require any collateral or security to be approved – your loan approval is based on having a stable income, employment and passing a credit check.

Once you have applied online, been pre-approved and passed our checks, your loan can be successfully transferred to your debit account in one lump sum – helping you to pay off your emergency, bills or make that important purchase.

Repayments are made over 6 to 24 months in equal monthly instalments, giving the customer the choice to select how many months they wish to borrow for. All repayments are collected automatically from the customer’s bank account on a date that they select.

Our loans are ideal for emergency expenses, helping you to receive money upfront and pay for your pressing bill and then repay over 6-24 months.

Typical reasons to borrow £1,000 include:

-Car repairs and fuel

-Household repairs

-Household bills

-Rent

-Medical bills

-Funeral expenses

–Child expenses

Yes, we can assist those customers looking for £1,000 loans with bad credit, provided that you have a stable income and employment and can afford to make loan repayments each month on time. See also bad credit loans.

We understand that keeping a perfect credit score is not always realistic and there are certain life circumstances that can get in the way. 

But if you are committed to repaying your loan on time each month and have a regular income and job to back this up, we will be delighted to consider your application, even if you have fair or bad credit.

We are a direct lender – As a direct lender, you can have confidence that we are managing your entire application from start to finish and there are no other parties involved. It helps that you can work with the same company throughout and our customer service team is always on-hand by either phone or email if you need any assistance.

Fast turnaround times – We understand the importance of speed and convenience. So if you need £1,000 fast, we are designed to process applications quickly online and provide quick decisions. In most cases, we can transfer funds on the same day, provided that your loan has been approved by 3:30pm. 

Responsible and transparency – We are an FCA regulated firm and have been trading since 2002, always with a passion for responsible lending and treating customers fairly. With no upfront fees, no hidden fees and clear repayment examples, we want to maximise transparency for the customer and put them in control.

Your repayment plan will be clearly presented to you in a loan agreement which is signed before the funds are transferred.

Your loan is repaid in equal monthly instalments, so the repayment amount will be the exact same amount whether you have a 6 month loan or 12 month loan or longer. This makes it easier to plan and you just have to ensure that you have money in your account on the scheduled repayment date, ready for collection.

Your scheduled repayment date is a date that you select for payments to be collected, with most of our customers selecting the last working day of the month, when they are most likely to have funds after being paid from work. However, you can select a specific day like the 15th, 20th or 25th of the month or on a four-weekly basis.

Early repayment is welcomed, and this could reduce the overall cost of your loan. You simply need to login, email or call us to arrange partial or full early repayment.