(Edited)
Upsidesthe pross of this company it that it make a richer guy richer
Downsidesthe cons is that it might be too much for the average people to m=pay the fee
Overview of 5KFunds
5KFunds Overview
Loans from $100 – $35,000
Free loan comparisons from over 100 lenders
APR’s from 5.99%
Flexible payment options
No minimum credit score requirements
Up to 72 months repayment terms
5KFunds Features
What is 5KFunds?
5KFunds is a well-established lending marketplace, offering free loan comparisons form over 100 approved lenders, all in one location. Their recipe for success is to provide high quality loan options to all consumers.
The 5kfund website is a simply designed gateway geared toward gathering information quickly. A loan connection service to find the right personal loan for your individual circumstances, ensuring you are getting the right personal loan.
Want to find out more about the full range of offerings? Visit 5Kfunds.com to get started.
History
Founded in December 2015, they operate under Sincerely, LLC. Their business address is located in Boca Raton, Florida. Their services are available in almost all states across the nation apart from NY, CT, VT, WV, AK, GA.
How 5KFunds Work
Navigate to 5KFunds.com via our link
Press the ‘Get Started’ button
Enter your details
Get approved and received loan offers
5KFunds Simple Process
5KFunds.com will take the information you have entered and process loans you are approved for. A list of options that best suit your needs will appear. Making it easy to compare multiple offerings all in one place, within minutes.
Requirements To Get A Loan
- Be of legal age to contract in your state of residence, at least 18 years old
- Be a US citizen
- Have an active bank account that accepts direct deposit
- Have a regular stream of income
- Have a valid contact number and an active email address
5kFunds offers payday loans, instalment loans and lines of credit to customers who are typically undeserved at traditional financial institutions. 5KFunds are committed to providing loan options regardless of credit score, one of the many advantages of using 5KFunds as your guide to finding the right personal loan.
Once a loan is approved, customers must communicate directly with their individual lenders to get personalized information.
Loan amounts range from $100 – $35,000 depending on requirements and lenders. APR’s differ between lenders ranging from 5.99% – 35.99%. The repayment terms range from a 61 day minimum – 72-month maximum
The funds borrowed are not limited to how they can be spent. Once you receive the money, you can use it however you wish.
Again there are NO fees associated with using 5KFunds site itself, though many lenders may have their own fees. Fees are dependent on the lender, not 5KFunds.
Payment schedules and late payments are worked out directly with the lender. You will need to read the terms of your loan offer before you agree to accept the loan.
Each loan contract contains different requirements. It is essential that you thoroughly read your agreement before committing.
Our 5KFund Review
PROS
- Top loan connection company
- Proven to be one of the most popular lending marketplaces in the states
- All credit types acceptable
- Streamlined and straightforward application process
CONS
- Not available in NY, CT, VT, WV, AK, GA
- No online chat feature
- No toll-free helpline for assistance
Is 5Kfunds legit? We at Financer.com recommend 5KFunds. All loan applications are through their easy to navigate website. A simple process that takes less than 5 minutes to complete. NO fees and many lending partners in the one location.
Finding the right personal loan can be tough: there are so many options, it can fast become an overwhelming task to find the right lender. 5kFund.com can be your guide to over 100 validated lenders, enter your details and let 5KFund prepare options that best suit your personal circumstance.
5KFunds Frequently Asked Questions
Is 5kFunds Legit?
It most certainly is, and as per our reviews, we here at Financer.com recommend 5KFunds.
What is the cost to use 5KFund?
5KFunds does NOT charge any fee, however individual lenders may have their own origination and application fees.
Will my information be confidential?
5KFunds takes your privacy seriously, all of your personal information will be encrypted.
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.
