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4.3
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 12 Reviews

Interest & Costs

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Flexibility & Terms

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Website & Functionality

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Support & Service

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Features
  • APRs from 5.99%
  • Up to 72 months repayment terms
  • Loans up to $5,000
  • Suitable for all credit scores
Pros & Cons
  • Wide range of loan amounts – up to $35,000
  • Loan terms from six months to six years.
  • Available in 50 states
  • APRs can be high

Fast5KLoans Review December 2024

If you are looking for a quick loan and want to explore your options, you may want to consider Fast5KLoans – a lending marketplace, offering free loan comparisons from over 100 lenders.

Loan amounts range from $100 to $35,000 and APRs range from 5.99% to 35.99%.

You can get a loan offer within minutes and get funded as soon as the next day.

Fast5KLoans allows borrowers to find a loan online within minutes. It is available in all 50 states (and Washington, DC).

How We Rate Fast5KLoans

At Financer.com, all lenders go through a thorough research and review process. Here’s how we rate Fast5KLoans:

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

Do We Recommend Fast5KLoans?

Yes, we recommend Fast5KLoans as a reliable lender marketplace. Skip to our full review below and see how we rate Fast5KLoans.

Here’s what we’ll cover in this review:

Want to skip the details? Jump to our final verdict here.

Fast5KLoans Overview

Fast5KLoans is a lending marketplace operated by Golden Entropy Marketing Inc., a financial services company founded in 2014 and based in Encino, CA.

The platform offers free loan comparisons from over 100 approved lenders and borrowers can find a loan online within minutes. 

Loan amounts range from $100 to $35,000 with repayment periods of up to six years. Once approved, funds can be deposited into your account as soon as the next day.

Fast5KLoans is available in all 50 states (and Washington, DC) and has proven to be one of the most popular lending marketplaces in the U.S.

Here’s a quick summary of 5KFunds:

OverviewFeatures
Loan type:Personal loans
Loan amount:$100 to $35,000
Loan term:Up to 72 months
APR:5.99% to 35.99%
Min. credit score:None
Monthly fees:(Varies by lender)
Payout time:One business day
Weekend payout:(Varies by lender)
Requirements:18 years or older
Be a U.S. citizen
Have a bank account
Have a steady source of income

Fast5KLoans is available in all 50 states (and Washington, DC) and has proven to be one of the most popular lending marketplaces in the U.S.

Kindly note that if payday loans are banned in your state, Fast5KLoans won’t be able to connect you with a lender.

Want to find out more about the full range of offerings? Read our Fast5KLoans review below or view Fast5KLoans reviews from customers.

Fast5KLoans Pros and Cons

Here are some of the pros and cons of Fast5KLoans:

With Fast5KLoans you can pay off a loan up to six months and since they also accept borrowers with bad credit, this is a great alternative to payday loans.

The application process is fast and can be done online. One of the best benefits of Fast5KLoans is that they offer loans in 50 US states.

    Cons

  • No online chat feature

  • APRs can be high

Fast5KLoans lack a little in terms of customer support as they only offer email support only, compared to other lenders with live chat and phone support.

Who Is Fast5KLoans For?

If you need a quick personal loan under $35,000 and want to explore your options, a loan comparison service like Fast5KLoans can help you find an offer within minutes. 

The platform is most suited for borrowers who find it hard to get loan offers due to their credit standing and those that may want to explore the full range of options available to them. 

Eligibility Requirements

You need to meet the following requirements to qualify for a Fast5KLoans loan:

  • Be a U.S. Citizen
  • At least 18 years old (or more depending on your state)
  • Be currently employed or receiving regular income
  • Have an active bank account

Who It’s For

Fast5KLoans may be a good option for you if:

  • You need a quick loan under $35,000
  • You have less than excellent credit

Who It’s Not For

Fast5KLoans may not be a good option for you if:

  • You need a loan above $35,000
  • You have excellent credit

How To Apply for a Fast5KLoans Loan

Step 1

Visit the Website

Go to the Fast5KLoans website here.
Step 2

Submit Your Details

Complete your details and submit your request.
Step 3

Review Loan Offers

Review your loan offers.
Step 4

Get Approved

Select a suitable loan offer (if any) and receive funds as soon as the same business day.

What To Consider Before Applying

  • How much you need: Loans offered on Fast5KLoans range from $100 to $35,000. 

  • Your credit score: Fast5KLoans is best suited for people with poor or bad credit. If you have excellent credit, you will qualify for loans with better terms than those offered on the platform.

Fast5KLoans Fees

  • APRs vary between 5.99% and 35.99%. 
  • There are no usage fees or other hidden fees. The platform is free of charge.  
  • Interest rates and fees depend on the lender.

Payday loans usually attract higher fees and interest rates, so it’s always recommended to compare various payday lenders

Fast5KLoans Payment Terms

Payment terms vary from six months to six years. Payments are usually made monthly. 

Chosen 9,337 times
  • APRs from 5.99%
  • Up to 72 months repayment terms
  • Loans up to $5,000
  • Suitable for all credit scores
Min Loan Amount100
Max Loan Amount5000
Lowest APR5.99
Highest APR35.99
Min Loan Term6 Months
Max Loan Term6 Years
Accepts bad credit:Yes.
Minimum Age18

How Financer.com Rates Fast5KLoans

Is Fast5KLoans legit? Yes, at Financer.com we recommend Fast5KLoans.

At Financer.com, all companies go through a thorough research and review process. We don’t make recommendations lightly.

Here at Financer.com, our general opinion of Fast5KLoans is a positive one.

Although user reviews about Fast5KLoans are mixed, in our experience, these had to do with lenders on the platform as opposed to issues with the platform.

Whenever a case was brought to their attention, Fast5KLoans addressed it directly when it had to do with their website and services.

Application process

Applying for a loan via Fast5KLoans is a straightforward process. You can find a loan within minutes and get funded as soon as the next day. 

Costs

Fast5KLoans does not charge any fees for using the platform. However, lenders on the platform may impose fees and/or interest. So ensure you read through the terms before accepting a loan offer. 

Payments

Lenders on Fast5KLoans offer payment terms ranging from six months to six years.  Payments are usually made monthly. 

Customer Service 

Customer service is one area where Fast 5K Loans is lacking. You can reach Fast5KLoans via email only and this may cause delays in response time.

Privacy and Security 

Fast5KLoans claims that it uses industry-standard encryption to prevent third parties from intercepting data on the site. 

Fast5KLoans FAQs

Is Fast5kLoans legit?

A very reputable company. Fast5KLoans is a well-establish lending marketplace, offering free loan comparisons from their 100+ approved lenders since 2014.

Will my personal information be safe with Fast5kLoans?

Fast5kLoans has a strong focus on data security. All of your personal information is encrypted, and privacy is taken seriously.

Who can apply for a Fast5KFunds loan?

You need to be at least 18 years old, a U.S. citizen, have a stable income, and a bank account. You can apply online with Fast 5k Loans and it takes only a few minutes.

Fast5KLoans Alternatives

Here’s a list of alternatives to LoansUnder36 and how they compare:

CompanyLoan AmountAPRTerm
PersonalLoans.com$500 – $35,0005.99-35.99%3 Months – 6 Years
BadCreditLoans$500 – $5,0005.99-35.99%10 Days – 2 Years
CashUSA.com$500 – $10,0005.99-35.99%3 Months – 6 Years
Fast5KLoans$500 – $35,0005.99-35.99%6 Months – 5 Years
5KFunds$100 – $35,0005.99-35.99%61 Days– 6 Years

Should you take a loan with Fast5KLoans?

With the number of lenders out there, it can be a challenge to find one that suits your preferences.

If you are looking for a quick loan and have bad credit, then Fast5KLoans can help you can explore your options by presenting you with loan offers that match your credit rating.

You can get a loan offer within minutes and be funded as soon as the next day.

Read more Fast5KLoans reviews from customers below or add your own.

More Fast5KLoans Personal Loan Reviews

What Users On the Web Are Saying 

Fast5KLoans is rated 3.7 out of 5 stars on Trustpilot, with one review from a satisfied user:

More User Reviews – Add Your Rating

Read more reviews on Financer.com from verified users below.

Have you used Fast5KLoans before Leave your review now.

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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.

Reviews of Fast5KLoans

Fast5KLoans is rated 77 out of 179 companies in total rating and got an average review score of 4.3 based on 12 reviews. Their weakness is Interest & Costs and their strength is Website & Functionality.
Customer reviews
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RL
Rosario Lara 3 reviews | December 3, 2023
General Review
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Upsides
I was in a bit of a financial emergency and needed money fast. They were really helpful and the money was in my account by the next day. They really came through for me in my time of need and the whole process was really easy to sign up for and complete. I would highly recommend them. Their customer service was excellent.
Downsides
I have no cons to say about this company. Great experience and they helped me really quickly in a difficult situation.
Post reply
AM
Abby May 6 reviews | November 12, 2023
General Review
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Upsides
Super QUICK & efficient. No hidden costs. Transparent process.
Downsides
- none so far -
Post reply
VJ
Vahid Jafari 1 review | October 8, 2023
General Review
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Upsides
It was really good, easy to apply, I am very happy
Downsides
It was really good, easy to apply, I am very happy
Post reply
MY
Max Yasgur 1 review | September 1, 2022
General Review
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Upsides
Exceptional service.
Downsides
-
Post reply
WG
wgundam 1 review | April 30, 2021
General Review
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Upsides
cant give 5 star because got some imperfections
Downsides
the pricing is what i got issue with, please fix it too high for customers
Post reply
SG
Son Goke 1 review | April 29, 2021
General Review
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Upsides
good for money problesm
Downsides
quite high interest rate
Post reply
TR
travisoutlaw2010 1 review | April 11, 2021
General Review
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Upsides
I had an easy time dealing with this company and the customer support service was very helpful.
Downsides
The interest rate could be a little better but overall it didn't effect me much.
Post reply
IB
Israel Baraka 1 review | July 9, 2020
General Review
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Upsides
You're good
Downsides
Excellent
Post reply
RA
Rachel Ayers 1 review | July 24, 2019
General Review
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Upsides
When I clicked the link I was connected with the lender immediately and the process from there was really easy. They got me the money I needed pretty quickly, and they didn't sell my information to a bunch of other lenders to call and email me. I got a loan like this somewhere else and I still regret it because of how they just gave out my information to a bunch of other companies. I would use fast5k from now on.
Downsides
It seems like they have harder requirements for loans more than 5k.
Post reply
RO
Roger 1 review | July 24, 2019
Personal Loan Review
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Upsides
Their name really sums it up, they give loans up to 5K faster than anyone. Money was in my account the next day.
Downsides
-
Post reply
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