$1,000 Personal Loan
- No credit check
- No collateral required
- No min. credit score to qualify
- Competitive 6.70%-35.99% APR*
Why Trust Us?
1F Cash Advance has been providing emergency loans since 2019. We are licensed and operate under state laws. Over 140,305 consumers have already benefited from our services, both online and in stores.
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Apply for a $1,000 loan from 1F Cash Advance and pay it back with our flexible repayment options. Our loans come with no hard credit check, giving you quick access to funds on the same day. Complete a simple online form, receive a guaranteed approval decision from a direct lender, and get the money you need today.
Benefits of a $1,000 Loan from 1F Cash Advance
1F Cash Advance personal loans offer several advantages that set them apart.
APRs as low as 6.70%*
Approved borrowers will pay the same amount each month due to a fixed APR starting at 6.70%. Predictable payments make it easier to budget and manage your debt.
No hidden fees
All the costs associated with your loan will be clearly stated in your loan agreement. No unexpected charges or other surprise expenses.
Bad credit options
1F Cash Advance clients with bad credit and no official job can still qualify if they meet our basic requirements.
How Can I Use a Personal Loan?
Here’s how our customers use personal installment loans:
- Financial emergencies
- Car repairs
- Unforeseen bills
- Medical expenses
- Debt consolidation
- Moving costs
- Home projects
- Wedding financing
How to Get a $1,000 Loan Online?
1F Cash Advance makes it easy to apply in just 3 easy steps:
Complete the application
Our online form is available on the website 24/7. You can fill it out in just 5 minutes.
Apply NowReceive an approval decision
Your application data will be verified via alternative third-party credit agencies, which doesn’t affect your credit score.
Close your loan
If approved, sign the agreement and get the funds into your bank account on the same or next business day.**
**Funding times depend on your approval hours. Loans originated before 10:30 am on a banking day will be deposited on the same day. Approvals after 10:30 am or on weekends will be funded on the next business day.
What Do I Need to Apply?
Prepare the following items for your application:
- Valid US-issued photo ID
- Social Security number
- Proof of address
- Proof of income
- Active bank account details
- Valid contact phone number and email
1F Cash Advance Personal Loan Rates and Terms
| Minimum Loan Amount | $1,000 |
| Maximum Loan Amount | $10,000 |
| Repayment Terms | 2-36 months |
| Repayment Frequency | Monthly |
| Average APR | 6.70%-35.99% for borrowers with good credit |
| Collateral | None |
| Min. credit score | None |
$1,000 loan monthly payment examples
The calculations below are for informational purposes only. Your particular loan terms are subject to qualifications based on your application and credit details.
| Repayment Period | APR | Monthly Payments | Total Cost |
|---|---|---|---|
| 6 months | 6.70% | $169.94 | $1,019.63 |
| 12 months | 18.99% | $92.15 | $1,105.82 |
| 18 months | 27.50% | $68.42 | $1,231.65 |
Want to know what your monthly payment would be? Use our personal loan calculator to estimate it based on your particular loan terms.
Other fees associated with a personal loan
Personal loans may involve extra fees in some states. This may include origination fees (usually up to 10% of the amount advanced), late fees, and prepayment penalties. Please refer to the terms of your loan agreement for more details regarding the associated costs.
$1,000 Loan Options
There are different types of $1,000 loans, each with its specific terms. Consider all your options to make an informed decision.
Signature Loans
Signature loans are personal installment loans that can be obtained without providing extra guarantee except for your signature as a promise to repay the funds. They usually come with payback times of 12 to 84 months and interest rates between 5.99% and 35.99%. As there is no collateral backing, signature loans tend to have stricter credit score and income requirements compared to secured options.
Secured Loans
A secured loan is a type of personal loan that requires collateral in the form of your valuable property, such as a car, house, or savings. Loan amounts may be over $100,000, with the repayment periods reaching 10 years. Such options have lower interest rates and are easier to get with bad credit due to the lower risk they pose for a lender. However, your property may be repossessed if you default.
Credit Union Loans
Credit union loans have some of the lowest APRs on the market due to their not-for-profit nature. There are options available to bad credit members, but the choice may be limited. Loans from credit unions often have less repayment flexibility. Current membership is required to qualify. It typically involves living in a certain area or working for a particular employer.
Lines of Credit
A credit line provides quick access to funds when you need them. It allows you to borrow money for your ongoing expenses within a certain limit and pay interest only on what you really use. Credit lines are revolving, meaning that you can borrow a certain amount within a draw period, pay it back, and use it again. There are both secured and unsecured options available. Interest rates are typically higher compared to traditional loan options.
Payday Loans
Payday loans are small, short-term, high-interest loans that are due by your next paycheck. These loans are used to overcome financial emergencies or cover money gaps between paychecks. A borrowed amount plus fees needs to be repaid in full in 2 to 4 weeks. You can typically get up to a $1,000 payday loan, with some states applying lower amount limits. While these loans are available to borrowers with bad or no credit, their APRs often exceed 400%.
Why People Choose 1F Cash Advance
1F Cash Advance makes borrowing money fast and simple, even for those with bad credit. Here are some advantages we offer.
Simple Application Process
You can complete our online form in just 5 minutes from the comfort of your couch. No extensive paperwork, long waits, or hard credit checks are needed.
Flexible Repayment Options
Choose the repayment period that is convenient for you and adjust loan payments to your budget. Monthly installments are fixed, allowing you to manage your loan more effectively.
Legal & Secure
1F Cash Advance is licensed by the Department of Financial Protection and Innovation and follows all federal and state laws. We use 2048-bit encryption to protect your sensitive information.
FAQ
What credit score do I need to get a $1,000 loan?
We don’t set minimum credit score requirements. You can qualify for our $1,000 loan with bad or no credit if you meet our basic requirements and have a sufficient monthly income.
How do I compare loan offers?
To choose a suitable loan option, prequalify for loans from several lenders, and check out the terms they offer. This process doesn’t affect your credit score. Compare their APRs, monthly payments, repayment options, extra fees, funding times, and eligibility requirements. Make sure the lender you choose is reputable and licensed to operate in your state.
What are alternatives to traditional loans?
If you need emergency assistance, consider various government-backed programs that help people with food, medical assistance, rent and utility payments, childcare, and other necessities. Head to USA.gov or contact your state's Department of Human Services.
How long does it take 1F Cash Advance to approve me?
As our $1,000 loans come with no credit check via major credit bureaus, the underwriting process typically takes less than 15 minutes. Many borrowers get their approval decisions almost instantly.
Is it hard to take out a $1,000 loan from a bank?
Bank loans usually come with higher credit score requirements. Therefore, it may be difficult to get one if you have less-than-perfect credit.
Can I get a personal loan with bad credit?
Sure. At 1F Cash Advance, we offer personal loan options for borrowers with bad or no credit. We assess your overall financial situation and base our decisions on your income, employment status, debts, and payment history.
*APR (Annual Percentage Rate) reflects recent averages and may vary. Your exact rate depends on credit, income, lender criteria, and state laws. Refer to your loan offer for details.