Review of 5KFunds


  • Loans from $100 – $35,000

  • Free loan comparisons from over 100 lenders

  • APRs from 5.99%

  • Flexible payment options

  • No minimum credit score requirements

  • Up to 72 months repayment terms

What is 5KFunds?

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, 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.

Chosen 58,541 times
  • Loans from $100 – $35,000
  • APRs from 5.99%
  • Up to 72 months repayment
  • No minimum credit score

A loan connection service to find the right personal loan for your individual circumstances, ensuring you are getting the right personal loan.

Products Offered

5kFunds offers the following:

5KFunds are committed to providing loan options regardless of credit score – one of the many advantages of using 5K Funds.

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.

How 5KFunds Work

With 5K Funds 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.

5KFunds Review

Eligibility Requirements

Here are the loan requirements when applying for a 5K Funds 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 required.

Rates & 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.

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 To Apply for a 5KFunds Loan

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 58,541 times
  • Loans from $100 – $35,000
  • APRs from 5.99%
  • Up to 72 months repayment
  • No minimum credit score

How 5KFunds Compares

5KFunds is a very reputable lender that offers loans of up to $35,000. Here’s how they compare to similar lenders in the U.S.:

CompanyLoan AmountAPRTerm$500 – $35,0005.99-35.99%3 Months – 6 Years
BadCreditLoans$500 – $5,0005.99-35.99%10 Days – 2 Years$500 – $10,0005.99-35.99%3 Months – 6 Years
Fast5KLoans$500 – $35,0005.99-35.99%6 Months – 5 Years

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

However, lenders still remain ultimately responsible for offering APR rates (that start from only 5.99%). These rates are attractive given many lenders start with 10.99% APR for similar loans.

In terms of loan repayment times, lenders in 5kFunds’ marketplace offer lending periods ranging from two to 72 months.

To make sure you understand the costs involved in a 5KFunds loan, always research 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.

Our 5KFunds Review


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

  • No online chat feature.

  • No toll-free helpline for assistance.

Is 5Kfunds legit? At 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. is your guide to over 100 validated lenders, enter your details and let 5K Funds prepare options that best suit your personal needs.

Privacy and Security

5K Funds 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.

Customer Service

5KFunds provides customer service via email and phone. They offer a fairly fast turnaround time to customer requests.

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

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 lender you select may charge you other fees in addition to your interest rates, but you will be informed about the fees before you accept the loan offer. 

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. 

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    Reviews of 5KFunds

    5KFunds is rated 62 out of 285 companies in total rating and got an average review score of 4.2 based on 63 reviews. Their weakness is Flexibility & Terms and their strength is Website & Functionality.
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    lovely_clewis 1 review | September 17, 2021
    Personal Loan Review
    It looked promising since I have bad credit and the website stated it worked with bad credit
    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
    Post reply
    solomon adeeps 1 review | April 30, 2021
    General Review
    the pross of this company it that it make a richer guy richer
    the cons is that it might be too much for the average people to m=pay the fee
    Post reply
    packioaumanny 1 review | April 30, 2021
    General Review
    veryy good services for beginners
    very bad price marketing
    Post reply
    Janes Baster 1 review | April 30, 2021
    General Review
    the best one to start business or just in a lot of dept
    becarefull the interest might be too much to some
    Post reply
    Rajee Pandi 1 review | April 30, 2021
    General Review
    I heard some good things about t his company. I have to research it to get more loan credit
    I was recommended by my friend. I didn't know it before not well advertised.
    Post reply
    Gudar darine 1 review | April 30, 2021
    General Review
    good, reliable and trustworthy you can trust your money ,but do more research first
    pricing is high
    Post reply
    John Dev 1 review | April 30, 2021
    General Review
    make a great experiance for beginners
    the price could be lower
    Post reply
    Zackery Freng 1 review | April 29, 2021
    General Review
    highly recommend for money seekers
    price can be negotiable
    Post reply
    Ronald Canine 1 review | April 29, 2021
    General Review
    good ,an alos more to come from this company
    very y bad
    Post reply
    Rayy Gunn 1 review | April 29, 2021
    General Review
    best one all the time here
    not money should be spent it should b free
    Post reply
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