5KFunds Review 2025

Written by human
Written by Joe Chappius

- Jul 28, 2025

Reviewed by Sam Onelia

Our take on 5KFunds in 30 seconds

5KFunds is a well-established lending marketplace, offering free loan comparisons from over 100 approved lenders, all in one location.

They show a wide APR range and charge no platform fees, but final costs depend on partner lenders. Terms are standard, with limited upfront detail.

Support was fast, clear, and helpful.

Read the full review

Pros & Cons

  • All credit types are acceptable

  • No collateral required as 5KFunds only offers unsecured personal loans

  • No credit check required and applying won’t affect your credit score

  • Qualify within minutes and receive your funds the next business day.

  • Simple and 100% free application process with a quick turnaround.

  • Not available in NY, CT, VT, WV, AK, and GA

  • No online chat feature.

  • No toll-free helpline for assistance.

5KFunds At glance

Read reviews (89)

Company name

5KFunds

Website

https://5kfunds.com

Email

info@5kfunds.com

Address

1223 Wilshire Blvd, #852, Santa Monica, CA 90403-5400

Pricing

APR ranges from 5.99% to 35.99%, with no direct fees from 5Kfunds. Final fees depend on lenders, making upfront costs less transparent.

Customer Support

Fast and helpful reply. Clearly explained how the process works and confirmed that offers can be compared directly through the platform.

Terms and Flexibility

Terms vary by lender; limited upfront clarity. Standard compliance and security, but no standout flexibility or awards. Transparency could improve.

Customer Experience

Not done

Get started

Details

Personal loan

Terms & fees

Loan amount$500 - $35,000
Term2 months - 6 years
Annual interest rate5.99% - 35.99%
Origination feeVaries by lender
Monthly fees$0

Requirements

Minimum age18
Minimum income$0
National bank requiredYes
National phone number requiredYes
Citizenship requiredYes
Electronic identificationYes

Features

Cosigner possibleNo
Revocation periodYes
Accept bad credit historyYes
Weekend payoutNo
Loan extensionsNo
Early paybackYes
Payment within 24 hoursYes
Loan brokerYes
Interest free loanNo

Additional fields

Payment hours9am-6pm
High approval rateNo
Recommended companyYes

With 5KFunds you can get a loan in as little as one business day and choose repayment periods of up to 72 months. With APRs starting at 5.99%, a 5KFunds loan can be a great option if you're looking for fast funding.

Founded in December 2015, they operate under Sincerely, LLC. Their business address is located in Boca Raton, Florida.

Note: 5KFunds loans are available in most U.S. states except New York, Connecticut, Vermont, West Virginia, Alaska, and Georgia.

Apply for a 5KFunds Loan Now

How We Rate 5KFunds

At Financer, all lenders go through a thorough research and review process. Here's how we rate 5KFunds:

CategoryRating
Affordability⭐⭐⭐
Application process⭐⭐⭐⭐
Loan terms⭐⭐⭐⭐
Transparency⭐⭐⭐⭐
Customer support⭐⭐
Overall⭐⭐⭐⭐

5KFunds Overview

5KFunds offers loans from $500 to $35,000 and APRs from 5.99%. They have flexible payment options and there are no minimum credit score requirements.

Borrowers have up to 72 months to pay and the approval process is very fast.

Here's a quick summary of 5KFunds:

5KFunds is committed to providing loan options regardless of credit score - one of the many advantages of using 5KFunds.

5KFunds also offers lines of credit to customers who are typically underserved at traditional financial institutions.

Want to find out more about the full range of offerings? Read our 5KFunds review below or view 5KFunds reviews from customers.

Visit 5KFunds to get started

Who Is 5KFunds For?

5KFunds are for borrowers looking for a fast online loan without requiring a high credit score. By comparing multiple lenders, 5KFunds can give you personalized loan offers from leading U.S. lenders and there are no application fees.

If you're looking for the best loan rates and you have an excellent credit score, you may want to consider other lenders that can offer you competitive rates.

Eligibility Requirements

Here are the loan requirements when applying for a 5KFunds loan:

  • Be at least 18 years old.

  • Be a U.S. citizen.

  • Have an active bank account that accepts direct deposits.

  • Have a regular stream of income.

  • Have a valid contact number and an active email address.

  • No minimum credit score is required.

Who It's For

5KFunds is for you if:

  • You have a less-than-perfect credit history

  • Need funds fast

  • Want to get multiple loan offers

  • Don't have collateral

  • Want to complete an online application

Who It's Not For

5KFunds may not be a good option for you if:

  • You want the lowest APR rates

  • Need a loan of more than $35,000

  • Want to take out a secure loan

  • Live in these states: NY, CT, VT, WV, AK, or GA

How To Apply for a 5KFunds Loan

Applying for a 5KFunds loan is fast and easy. Here are the steps:

Once a loan is approved, customers must communicate directly with their individual lenders to get personalized information.

Loan amounts range from $500 to $35,000 depending on the lender.

Each loan contract contains different requirements. It is essential that you thoroughly read your agreement before committing.

What To Consider Before Applying

  • Before you apply for a personal loan, confirm that you reside in one of the states where 5KFunds operates in.

  • Make sure you understand the costs involved in a 5KFunds loan, always research the offers from lenders and look for origination fees, prepayment penalties, late fees, and more.

  • Double-check any policies and terms before agreeing to a loan from a lender as 5kFunds just operates the marketplace and does not guarantee terms.

  • Although there is no minimum credit score required based on our 5kFunds review, keep in mind that the lender might do a hard credit check to determine your eligibility when you complete your loan application.

5KFunds Fees

  • APRs differ between lenders ranging from 5.99% - 35.99%. There are NO fees associated with using the 5KFunds site itself, though many lenders may have their own fees. Fees are dependent on the lender, not 5KFunds.

  • There are no prepayment penalties or hidden fees. Contact your lender directly If you are unsure whether you'll be able to afford the repayments.

5KFunds Payment Terms

The repayment terms range from a 61-day minimum to a 72-month maximum. 5KFunds does not determine the rates and terms, as these are decided by the lending partners.

Some lenders allow payments to be debited automatically from your account to help you avoid late or missed payments. Payment schedules and late payments are worked out directly with the lender.

Be sure to read the terms of your loan offer before you agree and accept.

How Financer Rates 5KFunds

Is 5Kfunds legit? Yes, at Financer we recommend 5KFunds.

At Financer, all lenders go through a thorough research and review process. We don't make recommendations lightly.

All loan applications are done through their easy-to-navigate website with a simple process that takes less than five minutes to complete. There are NO fees and many lending partners in one location. 

5kFunds.com is your guide to over 100 validated lenders, enter your details and let 5KFunds prepare options that best suit your personal needs.

Application Process

The application process with 5KFunds is very quick and easy. It takes only a few minutes to complete the steps and get your loan offers.

Costs

5KFunds don't charge any fees. But some lenders may charge fees and interest.

Similar to many other short-term lenders in the U.S., the lenders' APRs start at 5.99% and are capped at 35.99%. This is much lower than payday loans.

We feel that these rates are quite attractive given that many U.S. lenders start with 10.99% APR.

There are no application fees either, making 5KFunds a good option for borrowers.

Payments

You have up to 72 months to repay a loan from 5KFunds. This is very similar to most other short-term U.S. lenders and gives you the freedom to have lower monthly payments over a longer period.

Customer Service

5KFunds provides customer service via email and phone from Mondays to Fridays, 9 am to 6 pm.

We tested out 5KFunds' customer service by requesting information via email. Although we did receive confirmation of our inquiry, we only received a formal reply a few days later, making their email support mediocre.

Privacy and Security

5KFunds takes privacy seriously by encrypting and protecting all information according to the legal requirements and 256-bit encryption.

Similar to other loan marketplaces and online lenders, 5KFunds collects and shares user information with partners in their network.

Apply for a 5KFunds loan

5KFunds FAQs

How much can I borrow with a 5K Funds loan?

You can borrow up to $35,000.

What is the cost to use 5KFund?

5KFunds does NOT charge any fee, however individual lenders may have their own origination and application fees.

Is my personal information secure?

5KFunds takes your privacy seriously, and the personal information you enter protected with 256-bit bank-level SSL encryption.

Who do I contact about late payments?

Contact the lender directly if you have any issues repaying your loan. Late Payment penalties differ from lender to lender. Some lenders may automatically add a fee if it is in their agreement.

Why is 5KFunds a unique loan comparison service?

5KFunds partners with over 100 unique lenders and offers unsecured of up to $35,000. Once approved, money is directly deposited into  the borrower's bank account as soon as the next business day.

How much does a 5KFunds loan cost?

The 5KFunds marketplace is 100% free to use. However, the APRs from lenders vary from 5.99% to 35.99%.

What can I use the loan for?

You can use your 5KFunds personal loan for anything you want.

When do I repay my loan?

Loan repayment terms differ by lender but repayment periods vary from 61 days to 72 months.

What can I use a personal loan for?

You can use your personal loan from 5KFunds for almost anything - home improvements, a holiday, medical expenses, shopping, or more.

Is 5KFunds legitimate?

Yes, 5KFunds is a legitimate lender marketplace that connects borrowers with lenders across the US.

How easy is it to get a 5K loan?

This depends on the lender; most lenders offering 5k loans allow for repayments of up to 5 years or more, with APRs between 5.99% and 35.99%. Many lenders also accept borrowers with bad credit.

Is lending for bad credit real?

There are many lenders that offer loans to borrowers with bad credit. Getting a bad credit loan is possible, however keep in mind that this may come with higher interest rates and fees.

5KFunds Alternatives

Here's a list of alternatives to 5KFunds and how they compare:

LenderReviewsLoan AmountAPRMax. Loan TermBad Credit?
PersonalLoans.comView$500 – $35,0005.99-35.99%Up to 6 yearsYes
BadCreditLoansView$500 – $5,0005.99-35.99%Up to 2 yearsYes
CashUSA.comView$500 – $10,0005.99-35.99%Up to 6 yearsYes
Fast5KLoansView$500 – $35,0005.99-35.99%Up to 5 yearsYes

Should you take a loan with 5KFunds?

5KFunds has been around for quite a while and has proven to be a leading U.S. lending platform where borrowers can get personalized loan offers.

One of the best reasons for applying for a loan with 5KFunds is that interest rates from participating lenders are listed transparently.

Their customer service is responsive and they have a good feedback rating from past customers.

Read more 5KFunds reviews from customers below or add your own.

Apply for a Loan Now \u003e

More 5KFunds Personal Loan Reviews

What Users On the Web Are Saying

5KFunds gets 1.6 out of 5 stars on Trustpilot, with users showing mixed feelings:

Some users were unhappy about their personal information being shared, while others felt the service was fast and easy.

On Quora, 5KFunds generally gets positive reviews from users:

More User Reviews - Add Your Rating

Read more reviews on Financer from verified users below.

Have you used 5KFunds before? Leave your review below.

Our Commitment to Transparency

At Financer.com, we're committed to helping you with your finances. All our content abides by our Editorial Guidelines. We are open about how we review products and services in our Review Process and how we make money in our Advertiser Disclosure.

Latest Reviews

f

fc33b96575f912@crankymonkey.info

Oct 11, 2023

Upsides

Great service! I am a very happy customer. The process was really easy and 100% free. They have great customer service and make sure I...

Downsides

I have no complaints

a

afe674656cbf43@crankymonkey.info

Mar 11, 2023

Upsides

Fast money within a few hours. Wide offering of loan types and payment plans. Quick sign up process with no hassles. Professional and efficient.

Downsides

No cons. Would highly recommend.

8

8c2e996567914e@crankymonkey.info

Jul 28, 2025

Upsides

great experience. they offered a wide range of loans for me to chose from for the perfect fit of repaying my student debt. would highly...

Downsides

i highly recommend 5KFunds.

p

pedewos897@mainmile.com

Jul 28, 2025

Upsides

100% would recommend! It was such an easy application process and I had my money within 24 hours and cant be happier about this. The...

Downsides

Not available in all states and I couldnt chat to the help line online.

s

shawndem47@gmail.com

Jul 28, 2025

Upsides

The only pro was that they were willing to give me a loan.

Downsides

The cons- a repayment of over $5000 on a $900 loan. This can't be real. Be wary, be very wary of these lenders

e

erinmckenna173@gmail.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

a

apothecareology@gmail.com

Jul 28, 2025

Upsides

Not sure. Sent me buy a copy of my credit score that I didn't need and then nothing..

Downsides

Yup... sat there. Score in hand, a dollar wasted... nothing!

l

linzbrancamp@att.net

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

w

wiraset715@duscore.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

w

williamsshane73@gmail.com

Feb 4, 2023

Upsides

No upsides mentioned

Downsides

No downsides mentioned

r

rnash7604@yahoo.com

Jul 28, 2025

Upsides

Great reviews

Downsides

None at this time

y

yahairalee4410@gmail.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

q

qgrace657@gmail.com

May 3, 2023

Upsides

I didn’t get all well

Downsides

No one to show how the money will get into my account

s

sonyasparks0202@gmail.com

Jul 28, 2025

Upsides

Seems legit

Downsides

Low income and less than perfect credit

j

johnu@yahoo.com

Mar 9, 2022

Upsides

No upsides mentioned

Downsides

Can’t get approve with nothing. Keep getting spams now and redirected to other fake loans. Bye personal information

D

Davidcasley20@hotmail.com

Mar 9, 2022

Upsides

No upsides mentioned

Downsides

No downsides mentioned

M

Mansitrehanbatra@gmail.com

Mar 9, 2022

Upsides

I find it pretty easy to navigate . It was interactive . I will take a loan soon

Downsides

No downsides mentioned

a

a_flury@hotmail.com

Jan 8, 2022

Upsides

Love the availability of lians

Downsides

Bring new company means still have tweaks and kinks to work out

e

ericagarcia110@gmail.com

Jan 8, 2022

Upsides

I appreciated everything about it.

Downsides

No downsides mentioned

c

catfield85@gmail.com

Jan 8, 2022

Upsides

Very good

Downsides

Nothing

s

sergiogonzalez93.sgr@gmail.com

Jan 8, 2022

Upsides

Wow nice and funny

Downsides

No downsides mentioned

j

joshalbum123@yahoo.com

Jan 8, 2022

Upsides

Got my loan

Downsides

No downsides mentioned

d

deriansmith63@gmail.com

Mar 7, 2022

Upsides

There are none

Downsides

There are alot

p

productionsupryzin@gmail.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

e

eseraletoa@gmail.com

Jul 28, 2025

Upsides

Seems to be reasonable and reliable

Downsides

I have none to mention right now so far

f

financerus@outlook.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

o

osunayevvie@gmail.com

Jul 28, 2025

Upsides

It looked promising since I have bad credit and the website stated it worked with bad credit

Downsides

They absolutely did nothing for me , so after rereading the website I think it's a way to get my information and do nothing else

s

solomonadeeps@gmail.com

Jul 28, 2025

Upsides

the pross of this company it that it make a richer guy richer

Downsides

the cons is that it might be too much for the average people to m=pay the fee

p

packioaumanyy@gmail.com

Jul 28, 2025

Upsides

veryy good services for beginners

Downsides

very bad price marketing

j

janesbaster@gmail.com

Jul 28, 2025

Upsides

the best one to start business or just in a lot of dept

Downsides

becarefull the interest might be too much to some

r

rajeespot@gmail.com

Jul 28, 2025

Upsides

I heard some good things about t his company. I have to research it to get more loan credit

Downsides

I was recommended by my friend. I didn't know it before not well advertised.

g

gudardarine@gmail.com

Jul 28, 2025

Upsides

good, reliable and trustworthy you can trust your money ,but do more research first

Downsides

pricing is high

j

johndev1223@gmail.com

Jul 28, 2025

Upsides

make a great experiance for beginners

Downsides

the price could be lower

z

zackeryf007@gmail.com

Jul 28, 2025

Upsides

highly recommend for money seekers

Downsides

price can be negotiable

r

ronaldarcanine67@gmail.com

Jul 28, 2025

Upsides

good ,an alos more to come from this company

Downsides

very y bad

r

rayygunn0@gmail.com

Jul 28, 2025

Upsides

best one all the time here

Downsides

not money should be spent it should b free

k

kinggamers7188@gmail.com

Jul 28, 2025

Upsides

best site ever

Downsides

just nothing

k

kaanaltunbasak@protonmail.com

Jul 28, 2025

Upsides

Çok Borç Yapıyo

Downsides

Çok Borç Var

i

iroftana@gmail.com

Jul 28, 2025

Upsides

Informative

Downsides

to much blah blah blah

H

Hanning.omolo@gmail.com

Jul 28, 2025

Upsides

Very Fast and understanding terms.

Downsides

I would want more loan credit.

a

aliiyumohd@gmail.com

Jul 28, 2025

Upsides

This is a great market place for people seeking loan either to get through 2020 or fund their business. With 2020 i found it hard...

Downsides

No downsides mentioned

g

goaliegirl1992@msn.com

Jul 28, 2025

Upsides

Great information on interest rates. They have great customer service.

Downsides

Doesn’t serve all states.

g

goaliegirl1992@msn.com

Jul 28, 2025

Upsides

Great information on interest rates and great customer service.

Downsides

Doesn’t service all states.

f

fabikip123@gmail.com

Jul 28, 2025

Upsides

really great helped me a lot

Downsides

nothing at all reallly enjoyed it

l

lezioniunibelle@gmail.com

Dec 3, 2021

Upsides

Really fast, excellent service!

Downsides

i cant think of one

h

hanna.mina817@gmail.com

Sep 3, 2021

Upsides

Fast, accurate and great interest rate

Downsides

no cons to list

r

raidily@hotmail.com

Sep 3, 2021

Upsides

excellent service

Downsides

any problems

n

nadiatech1000@gmail.com

Sep 3, 2021

Upsides

Top Lender

Downsides

Nothing wrong

D

Desire.Abutu@gmail.com

Sep 3, 2021

Upsides

Very Good Company.

Downsides

Not Really any cons.

d

david_sevilla_1983@hotmail.com

Sep 3, 2021

Upsides

Amazing customer service

Downsides

there is nothing wrong

f

farhanannoer9@gmail.com

Aug 3, 2021

Upsides

The best one around

Downsides

I don't see one so far

T

Tim.Albright32@gmail.com

Jul 8, 2020

Upsides

No upsides mentioned

Downsides

No downsides mentioned

k

keirrabunton@gmail.com

Aug 7, 2020

Upsides

Don’t know yetv

Downsides

Just gonna have to wait and see

d

dnyandeepkhawale55@gmail.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

yeah they can do many more things to improve...

r

rebeccalvebrujo@gmail.com

Jul 28, 2025

Upsides

Looks awesome

Downsides

Did not fine any

v

violet988@aol.com

Jul 28, 2025

Upsides

5K Funds really helped out! Fast, accurate and great interest rate.

Downsides

There was nothing bad! Fast and super easy

j

julie.ray43@yahoo.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

s

snehsharma183@gmail.com

Jul 28, 2025

Upsides

I really loved the service from 5K Funds. They provide loan very easily in less amount of time. I recommend them to everyone

Downsides

No downsides mentioned

j

jackhhollingsworth@gmail.com

Jul 28, 2025

Upsides

Fantastic customer service, very efficient and kind.

Downsides

Ease of use.

s

starc2887@gmail.com

Jul 28, 2025

Upsides

Great support service really nice

Downsides

No downsides mentioned

b

benjialleman@gmail.com

Jul 28, 2025

Upsides

The website is very customer- friendly and overall great to use, i haven't asked for a loan myself but seems really legit and simple. Would...

Downsides

free money haha (i'm joking, the rent service is actually pretty neat)

j

jonathanvangerve@gmail.com

Jul 28, 2025

Upsides

Friend took a personal loan and he was real happy and so was i with the experience.

Downsides

Nothing really

v

vps11111@gmail.com

Jul 28, 2025

Upsides

Overall good experience by my brother interaction with company regarding loan. Good back support by team.

Downsides

No downsides mentioned

s

sumankumar@email.com

Jul 28, 2025

Upsides

good interesting concept making network of loan providers, saving borrowers time when searching for the right loan provider for them.

Downsides

More people need to come forward to take part in this.

n

nurmahvanlaksono@gmail.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

h

hammasjalal@gmail.com

Jul 28, 2025

Upsides

Well, looks good from the description never really took loan from the company just in it for the giveaway

Downsides

No downsides mentioned

a

adilmd501@gmail.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

s

shorforajahmed003@gmail.com

Jul 28, 2025

Upsides

Great communication and great customer service experience

Downsides

Over all a positive experience

s

syariefstar@gmail.com

Jul 28, 2025

Upsides

My first loan service, so I can't really compare it to others but it was very good nonetheless.

Downsides

The website was a bit of an infodump the first time around.

a

ashleyyarbrough56@gmail.com

Jul 28, 2025

Upsides

They are always there to help

Downsides

Nothing they are great keep up the good work

m

mozzouhri@gmail.com

Jul 28, 2025

Upsides

GooD Compagin

Downsides

No downsides mentioned

i

infoszakmate@gmail.com

Jul 28, 2025

Upsides

cool company

Downsides

nothing

p

popsoflops@gmail.com

Jul 28, 2025

Upsides

good customer service

Downsides

time

s

smeade198138@gmail.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

They dont help

k

kristysims36@gmail.com

Jul 28, 2025

Upsides

Great communication and great customer service experience

Downsides

Over all a positive experience

s

shavonnebabygurl95@gmail.com

Jul 28, 2025

Upsides

I love funds it was very easy to get a lone and i got it more quickly then i thought i would. Awesome company.

Downsides

No downsides mentioned

r

reneeparton@aol.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

y

yasirabbasi300@ymail.com

Jul 28, 2025

Upsides

the service is to good

Downsides

No downsides mentioned

s

sriastalaxmiexports@gmail.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

j

joshalbum@yahoo.com

Oct 8, 2019

Upsides

got a loan right away

Downsides

lower interest rates

M

Michaelgaurrich@gmail.com

Apr 7, 2019

Upsides

How quickly they sold my information to scammers.

Downsides

How quickly they sell your information to scammers.

c

craigbryant30@yahoo.com

Jun 6, 2019

Upsides

Yes they did

Downsides

Nothing at all

j

james_6823@yahoo.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

You should not require a phone number before approval of a loan. No one wants marketing calls. I would have completed it, but I was...

k

karannarula.34@gmail.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

No downsides mentioned

k

kennywolff@icloud.com

Dec 4, 2019

Upsides

Good

Downsides

No downsides mentioned

a

angel101351@gmail.com

Jul 28, 2025

Upsides

No upsides mentioned

Downsides

I put all the info that was ask for my social security number and my bank account and router for about a week and haven't...

p

proudgrandma1954@yahoo.com

Jul 28, 2025

Upsides

I have applied for a small loan through 5K and then sent to several lenders sites which then send me to other lenders and still...

Downsides

No downsides mentioned

m

mloft@hotmail.com

Jul 28, 2025

Upsides

My experience with 5KFunds was about easier than I had imagined. The application process was quick, easy to work through, and I was matched with...

Downsides

No downsides mentioned

s

sam_machado18@yahoo.com

Jul 28, 2025

Upsides

Everything about the experience with 5KFunds was great. The site was very clearm and thus made the application process quite simple. I was able to...

Downsides

No downsides mentioned

Lending For Bad Credit

4.8

PersonalLoans.com

4

CashNetUSA

2.4

MoneyLion

2.9

Join Financer Stacks - Your weekly guide to mastering money basics, stacking extra income, and creating a life where money works for you.