$1,000 loan
A thousand dollars, and a plan to be rid of it.
$1,000 is where a loan stops being a payday patch and starts being a schedule. Twelve payments of about a hundred dollars is the usual shape. The interesting part is how much faster it disappears when you round the payment up.
The payoff race.
Top lane: the minimum payment, twelve months. Bottom lane: the same loan with a bit extra each month. No lender in our network charges a prepayment penalty, so every extra dollar goes straight at the balance.
Bars show the remaining balance at the end of each month on a $1,000 loan at 35.99% APR with monthly interest on the balance. Representative example: $2,500 over 12 months at 35.99% APR is $251.14 a month, $3,013.71 total. Your offer shows your rate, payment and total before you sign; declining costs nothing. Full calculator
What a thousand covers.
Typical 2026 prices. Most $1,000 requests are one of these or two of the $500 list at once.
- Security deposit on a one-bedroom, outside the big metros
- $800–$1,400
- Alternator or starter, parts and labor
- $500–$1,000
- Root canal and crown, no insurance
- $900–$1,600
- ER visit copay plus the follow-up
- $400–$1,200
- Catching up two months of a $450 car payment, with late fees
- $950
- A one-way move: truck, gas, deposit on utilities
- $700–$1,300
If this is your first installment loan, do these three things.
A $1,000 loan is the cheapest credit-building tool you'll be offered, if you run it like one.
- Set the payment to autopay for the day after you're paid, not the day before.
- Round it up. $125 instead of $100.46 finishes months early, as the race shows.
- Don't close the account the day it's paid; let the twelve on-time marks sit on the report. How reporting works
$1,000 loan
questions
More in the full FAQ.