1000 Dollar Loan | 5 Best $1000 Loans With Direct Deposit in 2021


$1000 is a flexible credit facility that helps individuals in cash-strapped situations. Whether you need cash to get through to your next paycheck, make an emergency purchase, or for any other reason, a 1000 loan got online payday loans that you covered. 

In most cases, people take short-term loans to pay for unexpected expenses, such as car repairs or unanticipated bills.

If you’re in a time crunch and need a quick 1000 loans bad credit, you need to look for options and find out which platform offers the best 1000 loans bad credit. This post will walk you through everything you need to know about $1000 loan bad credit. 

#1 1000 Loan Bad Credit – Very Merry Loans

Best 1000 Dollar Loans Bad Credit – Quick-Pick

  1. Very Merry Loans – Best for 1000 Dollar Loan Money in 60 Minutes. Visit now.
  2. Money Lender Squad – Best For No Guarantors. Visit now.
  3. Credit Clock – Best for Fast Approvals. Visit now.
  4. Viva Payday Loans – Best for No Credit Check Loans. Visit now.
  5. Heart Paydays – Best for No Credit Check 1000 Dollar Loans Oline. Visit now.

What Are 1000 Dollar Loan Bad Credit?

A 1000 dollar loan bad credit loan is a personal loan for people who have poor credit scores. These loans come with fixed rates and are often in monthly installments. Moreover, they are usually unsecured. Instead, the lenders will examine your credit report and debt-to-income ratio to decide whether to lend you money or not.

While having a poor credit score will not necessarily disqualify you from obtaining a personal loan, it’ll narrow your chances for approval. But if you get approved, your loan’s rates will be on the high-end of the lender’s scope. 

Bad credit loans are frequently reimbursed in monthly installments over one to five years. You can use the money for virtually everything, from home improvement projects, medical bills to credit card consolidation.

Common Uses of 1000 Loan Bad Credit

  • Car Refinancing: The holidays are peak driving season. And a brand-new car with a new warranty usually means you won’t have to pay for any repairs that an older vehicle would require to keep it on the road. This saves money both immediately and over time.
  • Varied Customer Durables: Most of their consumer durables loans are used on items that are a little bit fun or a bit fascinating. 
  • Home improvement: home renovations are rarely cheap. If done correctly, they may contribute a few dollars to your bank account. Consider renting out your home on Airbnb for a revenue-neutral vacation if you’re going away for the holidays.

How To Qualify For 1000 Dollar Loan Guaranteed (Eligibility Criteria)

To qualify for a personal loan, you only need to be a U.S. citizen or permanent resident, at least 18 years old and have a low debt-to-income ratio. Additionally, your credit score may have an impact on your chances of getting a holiday loan. Typically, Christmas loans can come with low FICO scores. However, people with good to excellent credit scores get the best loan rates and terms.

1000 Dollar Loan Bad Credit – 5 Options

1. Viva Payday Loans – Best for 1000 Dollar Loan Direct Deposit

Viva Payday loans are an excellent bad credit payday loan portal. Users can find payday loan services for bad credit between $200 to $5,000 with terms ranging from two to 24 months. As a broker portal, you can fill out a brief online application form and get a loan approval response in less than two minutes. 

If you are approved for a loan, you’ll be directed to the payday loans bad credit direct lenders who will give you the money. The lending institutions will require additional information such as proof of address, bank statements, and proof of income to decide on whether to issue you the loan or not.

You’ll then get an agreement form once the verification of your documents is done. It’s always good to go through the document to understand the terms and conditions before signing and submitting it. If you agree and sign the form, the process of disbursing the loan into your bank account will initiate—it takes less than 24 hours typically. The loan repayment is through a monthly electronic deduction.  

The interest rate varies based on each lender’s policies, but the site typically offers rates ranging from 5.99%-35.99%. Viva Payday Loans does provide payday loans to people with bad credit, no credit, benefits, and even those who are unemployed.


  • The loan limits range from $200 to $ 5000
  • The loans are disbursed on the same day
  • The application process takes five minutes, and the approval process takes about two minutes.


  • The range of interest rates offered by Viva loan lenders is not revealed upfront.

2. Money Lender Squad – Best For No Guarantors 1000 Dollar Loan

Money Lender Squad is an excellent alternative for people looking for an online payday loan. It has low-interest rates with no guarantor to US citizens. Moreover, borrowers with bad credit can also apply for a payday loan with a payback period ranging from 60 days to 24 months, depending on the amount. Money Lender Squad focuses on clients often turned down by other large Cash advance sites due to its quick loan approval process.

Since no credit confirmation is necessary, the primary concern of most borrowers is affordability. Money Lender Squad’s framework involves an online form that must be filled out and submitted before being shared with the app’s many lenders. The entire loan approval and payout process are electronic, and all you’ve to do is hold for a few minutes for a lender to contact borrowers who have reached an agreement.


  • The loan period is extended
  • The application process is easy and fast
  • You don’t need a guarantor
  • The customer service is effective


  • Their Maximum APR is over 400%
  • Poor credit scores attract high-interest rates

3. Credit Clock – Best for Fast 1000 Loan No Credit Check


Credit Clock is the most appropriate option for you. These dealers provide payday loans, personal loans, poor credit payday loans, and emergency loans to consumers who have been judged qualified based on their applications owing to speedy payments, a straightforward loan approval procedure, and acceptance of even weak credit.

When a client is in a hurry, the credit clock comes in handy since its speedy loan approval technique saves time and allows for faster payout. You must fulfill the credit clock’s minimal income guidelines to proceed with the loan application.

Anyone over the age of 18 who is a recognized and legal resident of the United States can use this site to obtain financial assistance from approved lenders that accept consumers with poor credit. If the lender requires it, you may be required to provide proof of residency and income during the process.


  • The approval process is rapid.
  • Funds are released within 24 hours.
  • Individuals with poor credit are eligible to apply.
  • Permanent residents of the United States aged 18 and above are eligible.


  • You may require your information as a result of a deadline.
  • Because there is a $1,000 minimum earnings requirement, eligibility is determined by affordability.

4. Very Merry Loans – Best for 1000 Dollar Payday Loans

The internet platform of Very Merry Loans pairs qualified individuals with top lenders in the United States. Besides, people with bad credit can also get fast access to payday loans here. You can receive a same-day loan payout in a few minutes after correctly submitting your loan application form. Payday loans are frequently dispersed in less than 24 hours.

Borrowers must be18 years old or above, US citizens, and earn at least $1000 every month. Some lenders may require proof of residency or identification. Very Merry Loans is known for its simple lending methodology, which matches borrowers’ loan applications with a panel of vetted and well-known lenders to pay out their loan requests quickly and legally. The loan amount on Very Merry Loans ranges from $1000 loan to $5000, so a payday loan that satisfies their financial situation can be requested.

Applicants compensate their payday loans through this website from seven to 31 days, even though longer loan terms are also available, allowing repayment in as little as 24 months. It is recommended that you understand the terms and restrictions of accepting a payday loan from any payday lending app, including Very Merry Loans, to avoid problems later.


  • Lenders accept unemployed and poor credit applicants.
  • The lending firms here accept borrowers with poor credit scores and unemployment
  • They have an average APR ranging from 5.99% to 35.99%
  • Considerable loan amounts allow extended payment terms


  • Short-term loans attract high rates
  • Applicant must be a USA citizen

5. Heart Paydays – Best for Same Day $1000 Loan Bad Credit

Heart Paydays is among the most trusted payday loan platforms in the United States. Their website is user-friendly and straightforward even for first-time users because it does not complicate applying for online payday loans.

The online loan application process can be completed quickly and easily from the comfort of your own home. Borrowers with bad credit who need a loan between $200 and $2000 can use the heart paydays portal.

A completed loan application takes just over two minutes to submit online, and borrowers frequently receive feedback from the app confirming their loan request acceptance and disbursement will be completed in an hour. Heart Payday is one of the most satisfactory Cash advance apps because they accept and help borrowers who other platforms have denied.

This platform does not differentiate between prospective unemployed borrowers, those with poor credit, and government assistance. Heart Payday offers loans up to $5000 with a 24-month repayment period plus the interest.


  • Payout of loans take about 60 minutes
  • You don’t need papers and phone calls
  • Payday loans for a short period can be paid back within 24 hours.


  • Long-term loans have high-interest rates
  • Some loans come with high fees

Features of Online 1000 Dollar Loans

  • Prequalification – Some lenders will let you prequalify for a loan by just running a soft credit check, which will not impact your credit scores. Submitting multiple prequalification forms may help you narrow down your lender options.
  • Bad Credit Loans are installment loans with monthly payments and a set repayment schedule. That is, they’ll have monthly payments due over a set period, making it simple to fit into your budget.
  • Interest rates – Depending on loan conditions and how your credit score looks, bad credit loans often give lower interest rates than credit card interest rates. Taking out a personal loan rather than charging all of your Holiday shopping could save you money on interest.
  • If you choose an online lender, the application and financing process will be fast and easy. If you are accepted, you’ll receive your cash quickly. If you are approved, you may receive your loan the following business day, giving you more time to prepare for the holidays.

Advantages of $1000 Loans Bad Credit

  • Anyone over 18 can use one because it does not require an asset to secure it against.
  • These loans are pretty flexible in their purpose, as the money can be used for virtually anything. Make sure that you are only borrowing what you can afford to repay.
  • You can choose from a variety of repayment options, which will vary depending on the amount borrowed.
  • Payment holidays are provided by some providers, which allow you to pause paying back your monthly payments. You will still be charged interest during this period, and it will take you longer to repay it, so consider carefully before accepting such offers.
  • If your spending plan changes, you can always pay them off early without penalty. If you took out an unsecured loan for £8000 or less after February 1st, 2011, you can pay it off faster without incurring early repayment penalties.
  • They are less risky than secured loans because your assets cannot be taken back if the loans are not repaid (this may change if a failure to pay results in a CCJ)
  • They are usually speedy not only in making a decision but also in transferring money to your bank account (anywhere from within 15 minutes to the end of the next working day)

Disadvantages of $1000 Loans Bad Credit

  • You are not given the long repayment terms that some secured loans offer, up to 25 years.
  • Typically, you can only borrow up to $15,000, which may not be enough for some home improvements or car purchases.
  • Interest rates are usually higher than those on secured loans.
  • To get the best interest rates and deals, you must have a high credit score.
  • Because your monthly payment is fixed, you do not have the option of paying lower amounts one month (compared to credit cards, for example). This is true even if you pay off more in one month.

How To Get Quick 1000 Loan Bad Credit Online

Step 1: Visit Very Merry Loans

The style of the Very Merry Loans website is user-friendly and straightforward to grasp. To apply, for your 1000 loan simply click “Apply Now” in the upper right corner of your screen.

Step 2: Complete The Application Form

You must complete the application form with your information, including your name, address, income, monthly costs, and banking information.

Step 3: Get Your Decision

It takes about two minutes to receive feedback on your loan application. You should not leave your screen while the application is being processed. They will still notify you if your loan is not authorized.

Step 4: Receive Your Loan

If your application is approved, the seller will send you a loan agreement, which you must sign after carefully reading the terms and conditions. After you return the signed paperwork, the desired loan amount is sent immediately into your account.

Tips When Borrowing $1000 Loans Bad Credit Loan

Consider the following recommendations while applying for 1000 loan bad credit personal loans:

  • Compare the top-end range of interest rates. Because your qualifying credit scores heavily influence interest rates, you’re more likely to get a rate at the high end of the range if you have terrible credit. When comparing personal loans for persons with terrible credit, make careful to examine the maximum interest rate.
  • If possible, prequalify with a provider. Several loan companies will pre-qualify you for a personal loan. That means you may enter your income, planned loan usage, and housing situation to learn about potential loan limits, rates, and payback alternatives. Prequalifying also necessitates a light credit check, which does not harm your credit score, allowing you to shop for the best prices confidently unfavorable.
  • Check for additional fees. Some personal loan companies do not impose origination fees, late fees, or prepayment penalties. Some, on the other hand, may charge all or some of these costs. When comparing bad credit personal loans, make sure to consider the fee structure in addition to the prospective interest rate.
  • Evaluate the lender’s customer support options. If you’ve chosen a lender, there’s one more item you should think about before signing the loan agreement. While customer service may not appear to be a significant concern, it can make a great impact if you have payment troubles or experience financial hardship throughout your payback time. Examine the lender’s customer service resources and reviews to ensure a suitable fit.
  • Reputability —When seeking a personal loan, this should be your first and foremost concern. Whether CashUSA or Personal Loans, whatever platform you pick, make sure you read the client reviews before giving your final approval.
  • Flexible T&Cs—When it comes to terms and circumstances for consumers with bad credit scores, most lenders are prepared to lend the amount to customers in the 600s. Those ready to make loans with even worse credit ratings, on the other hand, are hard to come by. So, try to choose a platform/lender that operates on flexible terms and may give you money even if your credit score is less than 600.
  • Fast Transfer of Funds—The goal of an emergency loan is to receive cash as soon as possible. But, if your need isn’t met due to a delayed transfer of money, what’s the point of receiving an emergency loan in the first place? As a result, use a platform like MoneyMutual that can send you your cash in less than 24 hours.
  • Transparency The most unfavorable scenario would be being charged with any type of hidden costs. As a result, the platforms covered in this article provide complete disclosure of their terms and conditions and transparency regarding all costs. As a result, if you choose any of the platforms mentioned above, you are in the clear.


Without an emergency fund, a minor hiccup in your plans can result in a significant financial headache. The time between income can appear to be a significant impediment—applying for a loan at Viva Payday Loans can be the smartest decision you’ll ever make. To get started, visit the Viva Payday Loans website and follow the application process prompts. 

Request Your 1000 Dollar Loan at our Top Rated Provider – Very Merry Loans


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About Denzil Otieno PRO INVESTOR

A procurement graduate. Young business owner. A smart business investor.


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