Overview of 5KFunds

    Summary

  • 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. 

Founded in December 2015, they operate under Sincerely, LLC. Their business address is located in Boca Raton, Florida.

5KFunds loans are available in most U.S. states except NY, CT, VT, WV, AK, GA.

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 51,897 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:

  • Payday loans
  • Installment loans
  • Lines of credit


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

5KFunds also offer lines of credit to customers who are typically underserved at traditional financial institutions.

Want to find out more about the full range of offerings?

How 5KFunds Work

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.

5KFunds Review

Loan 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 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 51,897 times
  • Loans from $100 – $35,000
  • APRs from 5.99%
  • Up to 72 months repayment
  • No minimum credit score

Our 5KFund Review

Pros

  • A top lending marketplace in the U.S.
  • All credit types are acceptable.
  • No collateral required as 5KFunds only offers unsecured personal loans.
  • A streamlined and straightforward application process.
  • Simple and 100% free application process with a quick turnaround.
  • Qualify within minutes and receive your funds the next business day.
  • No credit check required and the initial 5KFunds application won’t affect your credit score.

Cons

  • Not available in NY, CT, VT, WV, AK, GA
  • No online chat feature
  • No toll-free helpline for assistance

Is 5Kfunds legit? Financer.com recommends 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 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 fairly fast turnaround time to customer requests.

5KFunds FAQs

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.

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. 


Reviews of 5KFunds

5KFunds is rated 15 out of 189 companies in total rating and got an average review score of 4.3 based on 62 reviews. Their weakness is Flexibility & Terms and their strength is Website & Functionality.
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solomon adeeps 1 review | April 30, 2021
General Review
Upsides
the pross of this company it that it make a richer guy richer
Downsides
the cons is that it might be too much for the average people to m=pay the fee
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packioaumanny 1 review | April 30, 2021
General Review
Upsides
veryy good services for beginners
Downsides
very bad price marketing
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Janes Baster 1 review | April 30, 2021
General Review
Upsides
the best one to start business or just in a lot of dept
Downsides
becarefull the interest might be too much to some
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Rajee Pandi 1 review | April 30, 2021
General Review
Upsides
I heard some good things about t his company. I have to research it to get more loan credit
Downsides
I was recommended by my friend. I didn't know it before not well advertised.
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Gudar darine 1 review | April 30, 2021
General Review
Upsides
good, reliable and trustworthy you can trust your money ,but do more research first
Downsides
pricing is high
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John Dev 1 review | April 30, 2021
General Review
Upsides
make a great experiance for beginners
Downsides
the price could be lower
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Zackery Freng 1 review | April 29, 2021
General Review
Upsides
highly recommend for money seekers
Downsides
price can be negotiable
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Ronald Canine 1 review | April 29, 2021
General Review
Upsides
good ,an alos more to come from this company
Downsides
very y bad
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Rayy Gunn 1 review | April 29, 2021
General Review
Upsides
best one all the time here
Downsides
not money should be spent it should b free
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görev yöneticisi 1 review | April 28, 2021
General Review
Upsides
best site ever
Downsides
just nothing
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