Years in Business
$1,000 - $35,000
5.99% - 39.99%
Once/Twice a month
61 days - 72 months
5k Funds has been providing a free personal loan comparison service since 2012. During this time it has garnered an exceptional reputation that is only enhanced by its easy application process, fair loan qualification criteria, and flexible loan comparison service.
The company aims to serve those who are in need of a personal loan but who aren’t interested in paying extra fees and service costs. Are you one of those people? By the time you’re finished reading this 5k Funds review, you’ll be able to answer this question.
You’ll also learn all about:
Let’s get to it!
5k Funds customer reviews suggest that many people are left in disbelief at the vendor’s personal loan eligibility requirements — or lack thereof. The requirements for unsecured personal loans are pretty bare-boned and extremely fair to younger people or those who have just joined the workforce and don’t have a credit score quite yet.
If there’s one thing that the 5k Funds online reviews have in common, it’s this: comparing personal loans offered by various loan institutions is a breeze. The entire process takes 10 minutes or less and you don’t need to submit any documentation nor disclose your credit score. Take a look at the 5k Funds application process review below and see for yourself.
Within just a few minutes, you’ll be presented with a list of the available loans that you pre-qualify for, and then it’s up to you to review the options, select the one that works best for you and begin the application process with the lender.
Although you aren’t required to submit any documentation in the early personal loan stages such as comparing the different offers, it’s a good idea to have certain documents on hand for easy reference.
We recommend starting the application process when you have on hand documents or information including your:
5kfunds uses industry-standard security measures and protections to keep your data safe. All sensitive data is encrypted and the company is extremely transparent with what they do with the information it collects as well as how it is stored, used, and shared. Given the nature of what the company does, your personal information is often provided to members of the 5k Funds lenders network to find the best loans.
Costs nothing to make use of the service
Quick and easy online application
No collateral needed
Customer support is available via telephone and email
Preapproval within minutes
Rich network of personal loan providers
Various types of interests and loan term options
Educational resources are lacking
No customer support live chat function
The 5k Funds BBB review shows an F 5k Funds rating due to industry concerns
After reading this 5k Funds review, we won’t be surprised if you never look for a loan elsewhere again. The 5k Funds interest rates, incredible lender network, quick and easy online application process, and user-friendly experience solidify this as a fantastic financial tool for anyone who wants to look for or apply for a personal loan.
Absolutely. Simply look for new personal loans from banks, peer-to-peer lenders or online direct lenders and select the option with a lower interest rate than what you’re currently paying and use the funds to pay off your old personal loan. Just bear in mind that the reason for refinancing your personal loan is to bring down your monthly payment amounts and to offer you more financial freedom.
Part of the reason why the 5k Funds direct reviews are so positive is because you can use your personal loan for whatever you’d like. Because of this, you’re able to pick the right loan offered by any of the 5k Funds lenders. Use your 5k Funds personal loan for bad credit or to pay for your upcoming holiday — it’s entirely up to you.
Yes, many personal loan providers allow you to apply for personal loans online. With 5k Funds specifically, the entire process is done online and within just a few minutes you will be connected to various loan institutions which also allow you to complete most, if not all, of the application process online.
Our 5k Funds review shows that because the company offers so many personal loans through its network, the loans will work for most people. If you’re in a rush or want to scope out what kind of loan — payday loans, secured personal loans, short-term loans, whatever! — you’re likely to qualify for, chances are that 5k funds has the solution.