$1,000 Payday Loans and Personal Installment Loans are available online and in-store. Applying is free and easy and doesn't affect your credit history. Find out the pros and cons of a $1,000 Payday cash advance. And compare other alternatives to get up to 1K dollars with Bad Credit.
Table of Contents:
Who is eligible for a $1,000 Payday Loan?
Guaranteed instant approval for $1,000 Payday Loans
Apply for $1,000 Payday Loans Online
$1,000 Personal Installment Loans not Payday Loans
Who is eligible for a $1,000 Payday Loan?
You can get a bad credit unsecured Payday Loan if you meet the following eligibility criteria:
- You must be over 18 years of age.
- Usually you are to be permanently employed, but some lenders can approve even unemployed or part-time workers.
- You must have a permanent income.
- You need a valid e-mail and mobile phone number.
- You are to have an active bank account.
Follow all these requirements? Apply now filling out a simple application form online.
Can I get an instant approval for a $1,000 Payday Loan?
The process of getting a Payday cash advance is easy and quick. It's almost the same whether you borrow Online or In-store. The only difference is that you can do it via any smartphone or you drive to the nearest shop and do it in person.
How to apply for $1000 cash advance online?
- fill out a free online application form;
- get connected with the lender;
- get approved for the necessary amount;
- read the contract carefully before you sign the agreement;
- wait till the money is deposited into your bank account within 1 business day.
Can I get a $1,000 Personal Installment Loan not Payday Loans?
You definitely can. Installment Loans are also available in the amount of $1000 and more, can be granted to subprime borrowers, and have lower interest rates and longer repayment terms than short-term loans.
Payday Loans, as well as other short-term loans, are not legal in every state. The amount of $1,000 Payday cash advance is available in:
- Delaware
- Idaho
- Illinois
- Maine
- New Mexico
- Oregon
- Texas
- West Virginia
- Wisconsin
- Wyoming
Personal Installment Loans are legal in all the states. You can compare the best online offers or find the nearest lender in your location.
Check out the availability of $1,000 Payday Loans or compare other maximum legal amounts of cash advance in your state:
|
State |
Legal status |
MAX Loan Amount |
|
Alabama |
Legal |
$500 |
|
Alaska |
Legal |
$500 |
|
Arizona |
Prohibit |
Not Available |
|
Arkansas |
Available |
$500 |
|
California |
Legal |
$300 |
|
Colorado |
Legal |
$500 |
|
Connecticut |
Legal |
Not Available |
|
Delaware |
Legal |
$1000 |
|
District of Columbia |
Available |
Not stated |
|
Florida |
Legal |
$500 |
|
Georgia |
Prohibit |
Not Available |
|
Hawaii |
Legal |
$600 |
|
Idaho |
Legal |
$1000 |
|
Illinois |
Legal |
$1000 |
|
Indiana |
Legal |
$550 |
|
Iowa |
Legal |
$500 |
|
Kansas |
Legal |
$500 |
|
Kentucky |
Legal |
$500 |
|
Louisiana |
Legal |
$350 |
|
Maine |
Legal |
$2000 |
|
Maryland |
Available |
Not stated |
|
Massachusetts |
Available |
Not stated |
|
Michigan |
Legal |
$600 |
|
Minnesota |
Legal |
$350 |
|
Mississippi |
Legal |
$500 |
|
Missouri |
Legal |
$500 |
|
Montana |
Legal |
$300 |
|
Nebraska |
Legal |
$500 |
|
Nevada |
Legal |
25% of gross monthly income |
|
New Hampshire |
Legal |
$500 |
|
New Jersey |
Available |
Not stated |
|
New Mexico |
Legal |
$2500 |
|
New York |
Prohibit |
Not available |
|
North Carolina |
Available |
Not stated |
|
North Dakota |
Legal |
$500 |
|
Ohio |
Legal |
$500 |
|
Oklahoma |
Legal |
$500 |
|
Oregon |
Legal |
Not stated |
|
Pennsylvania |
Legal |
Not stated |
|
Rhode Island |
Legal |
$500 |
|
South Carolina |
Legal |
$550 |
|
South Dakota |
Legal |
$500 |
|
Tennessee |
Legal |
$425 |
|
Texas |
Legal |
Not stated |
|
Utah |
Legal |
Not limited |
|
Vermont |
Prohibit |
Not available |
|
Virginia |
Legal |
$500 |
|
Washington |
Legal |
$700 |
|
West Virginia |
Prohibit |
Not available |
|
Wisconsin |
Legal |
$1500 |
|
Wyoming |
Legal |
Not stated |
Should I choose a $1,000 Payday Loan or Installment Loan?
Deciding which loan type to apply for taking into account the pros and cons of each:
- Payday Loans
-
Pros:
- easy and quick to get
- unsecured
- short-term
- available for bad credit
- a wide choie of online and in-store lenders
Cons:
- restricted or prohibited in some states
- high APR
- scam lenders alert
- Installment Loans
-
Pros:
- available for bad credit
- unsecured
- lower APR
- convenient flexible repayments
- legal
Cons:
- long term from 1 to 7 years
- stricter eligibility criteria
Best $1,000 Payday Loan direct lenders review
LendYou will help you get the cash you need when you need it. You can apply for Payday Loans, Installment Loans or Personal Loans, etc. Compare the lenders and get matched with the best one.
- MIN Loan Amount: $100
- MAX Loan Amount: $35000
- Terms: Varied
- Rates and fees: Starting at 4.99% APR
- Turnaround Time: 1 business day
- $100 - $1000 Payday Loans
- $1000 - $5000 Installment Loans
- $5000 - $35000 Personal Loans
- 18 years of age or older
- U.S. citizenship
- Valid checking or savings account with direct deposit
- Minimum regular income of $1,000 per month
- Not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or be a dependent of someone who is,) serving on active duty under a call or order that does not specify a period of 30 days or fewer.
- Pros
-
- High up to $15,000 loan amounts.
- Minimal restrictions on how you can use your loan.
- No collateral or guarantor.
- Bad credit is OK.
- Cons
-
- It's not a direct lender, so you'll need to clarify rates and terms with the company you are matched with.
Check Into Cash offers Payday Loans, Title Loans, Personal Installment Loans and other money products at affordable rates with convenient repayment.
- MIN Loan Amount: $50
- MAX Loan Amount: $3000
- Terms: Vary by state.
- Rates and fees: 261% to 782% APR
- Turnaround Time: 1 business day
|
|
|
- Active checking account open for 90+ days
- US citizen or permanent resident
- Personal and work phone number
- Valid email address
- 21+ years old (19+ in Alabama)
- Social Security number (for Indiana residents only)
- Pros
-
- You can get even as low as $50.
- Quick funding on the next business day.
- Money can be used for any personal needs.
- Cons
-
- Not available in every state.
- APR can be more than 153.73% depending on your state.
- High late payment fees.
Greenlight Cash created an online platform to connect consumers like you with reliable lenders across the country. They partner with a large network of professionals so you get a chance to work with one of them and meet the challenge of improving your financial situation in the most effective way. Once you tap submit, you get one step closer to receiving the funds.
- Payday Loans
- Installment Loans
- Personal Loans
- be a legal U.S. resident
- be at least 18 years old
- have a stable source of income
- be currently employed
- have an active bank account
- Pros
-
- Unrivaled flexibility and accessibility.
-
Predictable monthly payments
-
Quick and simplified borrowing process
- Any credit is welcome
- Cons
-
- Not a direct lender.
GoGoPaydayLoans offers Payday Loans at affordable rates with convenient repayment terms.
- MIN Loan Amount: $100
- MAX Loan Amount: $1000
- Terms: Vary by state.
- Rates and fees: 261% to 782% APR
- Turnaround Time: 1 business day
$100 - $1000 Payday Loans
- Active checking account open for 90+ days
- US citizen or permanent resident
- Personal and work phone number
- Valid email address
- 21+ years old (19+ in Alabama)
- Social Security number (for Indiana residents only)
- Pros
-
- You can get even as low as $100.
- Quick funding on the next business day.
- Money can be used for any personal needs.
- Cons
-
- Not available in every state.
- APR can be more than 153.73% depending on your state.
- High late payment fees.
Loan By Phone offers Payday Loans, Installment Loans and Line of Credit.
- MIN Loan Amount: $100
- MAX Loan Amount: $3000
- Terms: Varied
- Rates and fees: Vary by state
- Turnaround Time: 1 business day
- Payday Loans
- Installment Loans
- Line of Credit
- 21 years of age
- Social Security Number
- Proof of Income (from your job, pension, welfare, or other source)
- Valid email address
- Active checking account (open for at least 90 days)
- Current cell/home and work phone number
- Pros
-
- All loan applications and requests are guaranteed confidential and all transactions are governed in accordance with the laws of your state of residence.
- Flexible repayment.
- Available in most states.
- Сons
-
- High interest rates.
- If you don't pay back on time your data may be sold to third parties.
Indyloan.com offers Personal Loans online at affordable rates with convenient repayment.
- MIN Loan Amount: $100
- MAX Loan Amount: $5000
- Terms: Vary by state
- Rates and fees: Varied
- Turnaround Time: 1 - 2 business day
Personal Loans
- Active checking account open for 90+ days
- US citizen or permanent resident
- Personal and work phone number
- Valid email address
- Pros
-
- Quick - no driving, waiting, faxing, paperwork.
- High approval rate even for bad credit borrowers.
- Online Payday cash advance with no collateral or co-signer.
- 24 / 7 online service.
- Cons
-
- High interest rates.
- Available not in all the states.
- Only loans up to $5000 are available.
Looking for another amount Payday Loan? Compare the offers:
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Any comments or reviews made on this website are only individual opinions of the readers and followers of the website. The website and its authors team are not responsible, nor will be held liable, for anything anyone says or writes in the comments. Further, the author is not liable for its’ readers’ statements nor the laws which they may break in the USA or their state through their comments’ content, implication, and intent.