£1,000 loan from Dot Dot Loans

A short-term £1,000 loan from a direct lender like us is there to help if you need funds immediately. It can be used to cover things like repair costs or out-of-the-blue bills.

According to price comparison site, Finder.com, a third of us have less than £1,500 in savings and 15% of us have no savings at all. If this applies to you, getting a £1,000 loan online from us can be the short-term solution that will bridge the gap in your finances.

It can be used to:

• pay for repairs in the home, such as fixing the boiler or washing machine
• cover repairs to your vehicle, as well as MOTs and servicing
• cover unexpected costs such as insurance renewals

Sometimes a few of these things can happen at once. It can be mid-month; you've paid the bills and you're short on cash. A broken boiler or a replacement fan belt are the last thing you need - and a combination of the two at once can be really unhelpful. But these are emergencies that can't wait. Whatever has happened, a quick £1,000 loan might be an option.

If you need to borrow a quick £1,000 loan, you'll find that there are usually two options available: short-term loans and payday loans. Before you go ahead and take out the loan, it's worth knowing what each of these offers.

Like short-term loans, payday loans lend you a small amount of cash that you need to pay back in full and can be useful if you're in a tight spot with your finances. Both get you access to money quickly. But, unlike short-term loans, the payday option needs to be settled fast - usually when you're next paid. They also come with high interest rates and fees for late payment, so there's a chance that you can find yourself in more debt if you can't keep up.

A short-term loan can be the better option. While this also lets you access cash quickly to cover unexpected costs, you can manage the repayments over time. Plus, if you choose our short-term £1,000 loan, you won't be charged late payment fees.

To give you added peace of mind, all our loans are unsecured. This means we'll never expect you to offer your home or other assets as a form of security. And we don't ask you to find a guarantor, either.

Applying online for a £1,000 personal loan with us is simple and straightforward. You can apply in minutes and get a quick initial decision.

Begin by using our short-term loan calculator. This will show you the repayment terms when you get a £1,000 loan with us, along with the total cost. There are no hidden fees or extra charges down the line - we don't believe in late payment fees. Here's what you need to know:

When you take out a £1,000 loan, it's available over a nine-month repayment period. The monthly repayments during this period are £205.85. When you use the calculator tool, you will see how this breaks down.

The interest rate is fixed upfront. It's set at 85.26% for a nine-month £1,000 loan.

Once you've checked the calculator, you can head to the application form. The exact cost of your loan will be worked out when you apply. You'll see everything clearly upfront, including the amount you'll pay back each month.

We've made it easy to apply for your £1,000 loan online. Simply fill out each section and when you're happy, choose 'continue'.

We'll complete a credit and affordability check, then let you know our initial decision.

If you get the green light, you'll get your £1,000 loan the same day or the day after, depending on when your application is approved. From there, we'll automatically arrange your repayments.

We take our responsibilities as a lender very seriously. This is why we carry out credit and affordability checks to make sure you can afford your chosen loan. So, when you apply for a £1,000 loan - or any loan - with us, you don't necessarily need a perfect credit history, but we will always check that you'll be able to manage your repayments.

We make sure that we look at more than just your credit score, however. We factor in things like your income and outgoings, as well as your employment status. This is because we know that having a poor credit history isn't the full picture.

According to the Consumer Finance Association, over half a million people were denied credit in 2017 when new regulations were released. We want to make sure that our £1,000 loans are accessible to you when you need it most. That's why, as a responsible lender, we set out the criteria so you can easily see if you're eligible. The criteria for this type of short-term loan is:

• You're aged 18 or over
• You live in the UK and can give us an address
• You can provide us with a phone number and email address
• You have a job
• You can give us your bank and debit card details

We'll also look at your credit history and finances before making our decision.

It's important that you choose a lender that you can trust - especially when you're facing unexpected bills that need to be sorted quickly. As we're a direct lender rather than a broker, we make sure everything's clear upfront.

When you need a £1,000 loan quickly, here's why choosing us can be a good decision:

• Clear process: Transparency is very important, so we always aim to make things clear and easy to understand. All interest and charges are shown upfront, and your loan will never cost more than this. Plus, we never charge late payment fees or extra interest
• Quickly see the cash: Apply for your £1,000 loan online in minutes and, once approved, you'll see the money in your account by the next day. We make things even faster because you don't need a guarantor
• Responsible lender: We're regulated by the Financial Conduct Authority (FCA) and follow their guidelines to provide loans fairly and responsibly
• Rated 'excellent': Our rating on Trustpilot, the independent review website, is 'excellent'. This is a rating from our customers who've used our service before
• Friendly team: We have a UK-based customer service team that is on hand to help you with any questions you have
• Pay early: You can pay off your £1000 loan early if you choose