There are several reasons why a lender may reject applications for personal loans of 1000. For starters, you may not have the required supporting documents. Also, if you earn less than the required minimum, which is $1000, you won’t be able to apply. In addition, applicants must be at least 18 years old and legal residents or citizens of the country. Finally, lenders will do an affordability assessment. If your income vs. expenses show you cannot comfortably afford the loan, your application for personal loans $1000 will be rejected.