Borrow $1,000 Loans - Apply Online
For $1,000 personal loans, Dime Alley offers a completely online process. Enter your details in less than 5 minutes and get a decision instantly. Repay over installments of 1 to 60 months and we have bad credit options too!
Monthly Payments on $1,000 Personal Loan
| Loan duration | Average monthly payments ($1,000 loan) |
|||
|---|---|---|---|---|
| Poor credit (APR 50%) | Average credit (APR 36%) | Good credit (APR 25%) | Excellent credit (APR 20%) | |
| 1–12 months | $107.59 | $100.46 | $95.04 | $92.63 |
| 13–24 months | $66.71 | $59.05 | $53.37 | $50.90 |
| 25–36 months | $54.11 | $45.80 | $39.76 | $37.16 |
| 37–48 months | $48.50 | $39.58 | $33.16 | $30.43 |
Representative Example
Borrow $1000 over 3 months, at 400% APR, 3 repayments of $576.58, total repayable $1729.74.
How Fast Can I Get $1000?
If you are looking for a quick $1,000 loan, you could receive the funds in your account the very same day you apply for it. When we receive your application, we connect it with one of our regulated lenders who we deem a good fit for you.
We aim to find you a match within 24 hours or sooner, just make sure that you enter accurate information and are available by email or phone straight after you apply for any follow up questions.
Am I Eligible to Borrow $1000?
You can apply for a $1000 loan with us as long as you meet these following four requirements:
- You are over 18 years of age.
- You have an American citizenship.
- You receive a minimum monthly income of $800.
- You have a current account for us to deposit funds into.
Where Can I Borrow $1000 Near Me?
You can get a $1000 Loan with Dime Alley in all of the 37 states which approve payday loans. These include California, Texas, Alaska, Michigan and Nevada.
In some states, regulation limits how much we can lend. For example, we can only provide loans of up to $300 in California and $1,000 in Delaware.
In some states, the interest on loans are limited, keeping costs manageable for you. For instance, interest is capped in South Dakota at 36% and Illinois at 15.5%.
We don’t operate in the states where payday loans are not authorized, such as New York, New Jersey and Arizona.
We proudly operate in the following US states:
Does Dime Alley Offer $1000 Loans With Guaranteed Approval?
We cannot offer guaranteed loans if you have bad credit, but we can help to match your personal details and loan requirements with the lender who is most likely to approve you and offer you the most affordable rates.
At Dime Alley, we are delighted to offer a free solution where you can apply with multiple lenders at once, with no fees for using our service and no impact to your credit score either. A loan can never be guaranteed and an individual will always need to be approved and show that they can afford to make their repayment on time and without falling into financial difficulty.
What People Say About Us
“Had a good experience and got my loan the next day. I needed it to pay my bills and will consider using it again if I need a loan.”
Darryl, Michigan, February 2023
“I found Dime Alley on Google and applied in a few minutes. I got an instant decision and approved on the same day and was able to pay to have my car repaired immediately. I paid back the loan in 2 weeks and was sorted.”
Bob, Florida, July, 2021
“Dime Alley helped me when I had an emergency. It was fast, simple and effective and I would recommend them to anyone who needs a loan.”
Jane, Nevada, November 2022
Frequently Asked Questions
Can I Borrow $1000 with Bad Credit?
Yes, you can get a $1,000 loan with bad credit score or history and we will be willing to take all circumstances into consideration.
Our trusted lenders lend to borrowers with all kinds of financial records. They aim to provide you with the best available rates to you and help you where they can.
We know that it can be stressful securing a loan when your credit history is imperfect, which is why we consider all applications. We try to make stressful times that bit less daunting.
In fact, if you borrow $1000 and pay it off according to the terms of your agreement, your credit history could be improved. This can make it easier to secure loans in the future should you need them.
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Can I Get a $1000 Personal Loan with No Credit Check?
Dime Alley will consider those looking for no credit check loans, but note that a credit check is usually carried out for all customers.
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Is There a Cap on Interest for $1000 Loans?
Yes – every state has some sort of price cap. This is a maximum rate of interest that your lender is allowed to set on your loan and it varies from state-to-state.
Some states are more strict, such as Colorado, who have a cap of 36% on loans, whereas some are more lenient, such as Nevada, who have a price cap of over 600%.
The price cap on your loan will depend upon the state you reside in.
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Am I Charged a Fee for using Dime Alley?
No! We will never charge fees for using our service.
Instead, we take a fee or commission from the lender if your application is approved and successful. The lenders will charge a daily or monthly interest if your loan is active and this will be presented to you in writing before you proceed.
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What to Consider Before Applying to Borrow $1000?
Before applying for a $1000 loan with Dime Alley, you should consider the following:
Whether you urgently need the loan.
How you will pay it back.
What will happen if you fail to repay your loan.
Whether you could seek the funds elsewhere, such as from friends or family.
Your credit record will determine the terms you are offered on your loan. The stronger your credit history, the lower interest you are likely to be offered
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Do Dime Alley Charge Fees?
No! We will never charge fees for using our service.
Instead, we take a fee or commission from the lender if your application is approved and successful. The lenders will charge a daily or monthly interest if your loan is active and this will be presented to you in writing before you proceed.
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How Much Can I Borrow?
With Dime Alley, you could find payday loans ranging from $100 to $35,000 – with the amount you can borrow based on factors like your monthly income, credit status and affordability.
Other things come into play too, including your residence (homeowners are often preferred), age and whether you have any other similar loans open too.
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What is the Repayment Period on my Payday Loan?
Customers can repay over 1 month to 60 months (or equal to 5 years) – this will depend on whether you prefer the payday option which may be just a few weeks or months, or the longer installment option which can be several years to stretch out your repayments.
Payments are usually made in equal monthly installments from the bank account you choose and you always have the option to repay early if you would like to do so.
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