Fast5KLoans Review October 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:
Category | Rating |
---|---|
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:
Overview | Features |
---|---|
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:
Wide range of loan amounts – up to $35,000
Loan terms from six months to six years
Available in 50 states
Fast application process
Easy to navigate website
Pros
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.
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No online chat feature
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APRs can be high
Cons
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
Visit the Website
Go to the Fast5KLoans website here.Submit Your Details
Complete your details and submit your request.Review Loan Offers
Review your loan offers.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.
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?
Will my personal information be safe with Fast5kLoans?
Who can apply for a Fast5KFunds loan?
Fast5KLoans Alternatives
Here’s a list of alternatives to LoansUnder36 and how they compare:
Company | Loan Amount | APR | Term |
---|---|---|---|
PersonalLoans.com | $500 – $35,000 | 5.99-35.99% | 3 Months – 6 Years |
BadCreditLoans | $500 – $5,000 | 5.99-35.99% | 10 Days – 2 Years |
CashUSA.com | $500 – $10,000 | 5.99-35.99% | 3 Months – 6 Years |
Fast5KLoans | $500 – $35,000 | 5.99-35.99% | 6 Months – 5 Years |
5KFunds | $100 – $35,000 | 5.99-35.99% | 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:
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