77 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

  • Loans from $100 – $35,000
  • APRs from 5.99%
  • Up to 72 months repayment
  • No minimum credit score

5KFunds Review 2022

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

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.

Their recipe for success is to provide high-quality loan options to all consumers. The 5KFund website is simple and straightforward and designed to gather information quickly and easily to present you with suitable loan offers.

How We Rate This Lender

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

As part of our lender review process, we consider the following:

  • We look for regulatory authorities’ approval
  • We test the majority of products and services ourselves
  • We scour through user reviews
  • We review pricing and fees in detail
  • We take your feedback into consideration


5KFunds offers loans from $100 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:

Loan type:Personal loans
Loan amount:$500 – $35,000
Loan term:Up to 72 months
APR:From 35.99%
Min. credit score:None
Monthly fees:None
Payout time:One business day
Weekend payout:No
Requirements:At least 18 years old
U.S. citizen
Active bank account
Regular income
Valid phone number and email

With 5KFunds you can apply for personal loans online and benefit from a fast and secure application process. Receive up to $35,000 from a large selection of authorized lenders.

Products Offered

5kFunds offers the following:

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.

5KFunds Pros and Cons

Here are some of the pros and cons of 5KFunds as a lender:

One of the best features of 5KFunds is their 100% free application process which also offers a fast turnaround time. 5KFunds is a top lending marketplace and compares a comprehensive list of U.S. lenders to get the best loan offers.

Borrowers with bad credit can also apply as there are no minimum credit score requirements, making 5KFunds a good option for people with lower credit scores.

As 5KFunds specializes in unsecured loans, you don’t need collateral to apply.


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

  • No online chat feature.

  • No toll-free helpline for assistance.

The only real drawback of 5KFunds is that they don’t operate in all U.S. states. This means that if you live in the states listed above, you won’t be able to apply.

However, if you’re looking for custom loan offers in these states, we list a range of verified lenders that offer personal loans online.

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.

How To Apply for a 5KFunds Loan

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

Step 1

Visit the Website

Go to the 5KFunds website. and click on the ‘Get Started’ button. 

Step 2

Submit Your Details

Submit your details, such as the loan amount required, the repayment term, your employement details, and banking details. 

Step 3

Receive Offers

A list of loan offers that best suit your needs will appear, making it easy to compare multiple offers in one place, within minutes.

Step 4

Review and Accept

After you’ve reviewed the offers and terms, accept the loan offer that works for you (if any).

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

Loan amounts range from $100 to $35,000 depending on the lender.

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

Chosen 64,990 times
  • Loans from $100 – $35,000
  • APRs from 5.99%
  • Up to 72 months repayment
  • No minimum credit score

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.

To 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.

We suggest you always 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.

Chosen 64,990 times
  • Loans from $100 – $35,000
  • APRs from 5.99%
  • Up to 72 months repayment
  • No minimum credit score

How Financer.com Rates 5KFunds

Is 5Kfunds legit? At Financer.com we recommend 5KFunds. All loan applications are done through their easy-to-navigate website.

A simple process that takes less than five minutes to complete. 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.


5KFunds’ fees are similar to many other short-term lenders in the U.S. APRs start at 5.99% and are capped at 35.99%. This is much lower than payday loans.

Although lenders still remain ultimately responsible for offering APR rates, 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.


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. They offer a fairly fast turnaround time for customer requests.

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.

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. 

5KFunds Alternatives

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

LenderLoan AmountAPRMax. Loan TermBad Credit?
PersonalLoans.com$500 – $35,0005.99-35.99%Up to 6 yearsYes
BadCreditLoans$500 – $5,0005.99-35.99%Up to 2 yearsYes
CashUSA.com$500 – $10,0005.99-35.99%Up to 6 yearsYes
Fast5KLoans$500 – $35,0005.99-35.99%Up to 5 yearsYes


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.

Is 5KFunds legit? Yes. 5KFunds offers many benefits to online borrowers looking for a fast loan application process that doesn’t require excellent credit.

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.

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Reviews of

5KFunds is rated 70 out of 299 companies in total rating and got an average review score of 4.2 based on 77 reviews. Their weakness is Flexibility & Terms and their strength is Interest & Costs.
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Ffyj reviews | October 3, 2022
General Review
Can’t get approve with nothing. Keep getting spams now and redirected to other fake loans. Bye personal information
Post reply
David 1 review | October 3, 2022
Personal Loan Review
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Mansi 1 review | October 3, 2022
General Review
I find it pretty easy to navigate . It was interactive . I will take a loan soon
Post reply
Ashley Flury 1 review | September 1, 2022
General Review
Love the availability of lians
Bring new company means still have tweaks and kinks to work out
Post reply
Erica 1 review | September 1, 2022
Personal Loan Review
I appreciated everything about it.
Post reply
Cat Field 1 review | September 1, 2022
General Review
Very good
Post reply
Peeski 1 review | September 1, 2022
General Review
Wow nice and funny
Post reply
Josh 1 review | September 1, 2022
Personal Loan Review
Got my loan
ramona_oliverSeptember 3, 2022

Is it safe to add your banking information?

Post reply
justin_lemme 1 review | August 29, 2022
General Review
Well I fixed my credit and got rid of my debts with the help of XAP Credit Solution whom a trusted colleague recommended and he did a perfect job increasing my credit about 210 points in a few business days. My score is amazingly at its high 780’s now and all debts and inquiries are gone & I’ve never been this happy. I refer this hacker to those who have a fixed date to fix their profile. Text XAP on +1 (801) 988 9890. Tell him Justin Lemme referred you. You can also reach him via XAPCREDITSOLUTION at GMAIL dot COM.
nothing I can think of
Post reply
eric_chavez 1 review | August 25, 2022
Personal Loan Review
Being able to handle people’s problems efficiently and effectively is a thing worth gratitude in every ramification. What XAP CREDIT SOLUTION did for me and my family is immeasurable, I had a very poor FICO of 510, I had a repo, student loans, evictions and a couple of late payments. After my niece convinced me I contacted XAP and they boosted my FICO to 790 and removed all evictions, late payments and repo. I know how unbelievable this may sound but they actually gave me a reason to be happy again. If you would like to engage with their services Email XAPCREDITSOLUTION @ GMAIL .COM. They are the best and surest means of getting your credit fixed. Tell them Eric told you so.
none really
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